Lloyd's/London
Industry overshadowed by harassment as Dive In marks fifth year
Lloyd’s diversity festival, Dive In, has been confirmed for a fifth year, a day after the market was slammed for an ingrained "culture of sexual harassment".
Analysis: The changing nature of festival risk
Festivals are growing in size, number and scope. They are rapidly becoming a more immersive experience, rather than solely about music. With these changes come wide-ranging additional requirements for cover and a need for the insurance sector to innovate
Rising Star: Ally Redding, JDX Consulting
Having worked with several Lloyd's syndicates and managing agents, Ally Redding was recently made relationships manager at JDX Consulting.
Charles Taylor sees losses of £3.3m despite underlying growth
Charles Taylor saw a statutory pre-tax loss of £3.3m last year even as the group saw a strong underlying performance.
Interview: Clive Nathan, Global Risk Partners
Clive Nathan joined Global Risk Partners as its underwriting CEO, overseeing the consolidator’s managing general agent division, in April last year.
Argo Global appoints EMEA CUO
Argo Global has appointed Alfredo Alonso as chief underwriting officer for Europe, the Middle East and Asia.
Lloyd’s appoints Hayley Spink as a head of global operations
Lloyd’s has appointed Hayley Spink as a head of global operations, replacing Joe Dainty.
Lloyd's Brussels secures post-Brexit licence for Monaco
Lloyd’s Brussels has gained authorisation to continue writing insurance and reinsurance risks in Monaco following the UK’s planned exit from the European Union on 29 March.
Analysis: What do the millennials think of insurance?
Insurance has struggled to attract talent in recent years, finding itself competing with ‘sexier’ industries
Blog: What could CEO Penny James bring to Direct Line?
Jonathan Swift reflects on whether Direct Line's new "understated" and "inquisitive" CEO Penny James might be the right person at the right time, given the on-going pricing review.
RSA suffers £43m underwriting loss in second 'disappointing' year
RSA UK & International have announced a second consecutive year of UK losses, recording an unprofitable combined operating ratio of 101.4%.
Profits at Hiscox treble as insurer completes preparation for Brexit
Hiscox reported a 250% rise in its 2018 profit, following its move to exit from unprofitable areas in the London market business.
British Insurance Awards at 25: The judges reflect on the changing market
With the deadline for entering the British Insurance Awards getting ever closer, what better time to introduce the judges who will be casting an eye over these years submissions? Post canvasses them for their favourite memories of previous BIAs and their…
Court hears first installment in Besso and Bloody Bay legal action
Exclusive: The first hearing in the case of Besso v Bloody Bay was heard today in the commercial court.
David Duclos appointed NED at Lloyd’s Global Network
David Duclos has been appointed non-executive chairman of Lloyd’s Global Network.
FCA gives wholesale broking market a clean bill of health
The Financial Conduct Authority has closed its market study of wholesale insurance brokers, saying it had “not found evidence of significant levels of harm that merit the introduction of intrusive remedies”.
Former Lloyd's chairman Sir David Rowland passes away
Lloyd’s has confirmed Sir David Rowland, its chairman from 1993 to 1997, has passed away at the age of 85.
Cloutier steps up at Aspen as Apollo deal completes
Aspen’s chairman Glyn Jones and group CEO Chris O’Kane have stepped down, with the completion of Apollo’s acquisition of the Lloyd’s insurer.
Canopius looks to acquire Amtrust Lloyd’s business
Canopius is looking to acquire Amtrust’s Lloyd’s syndicates, making it one of the top five managing agents in the market.
Bruce Carnegie-Brown to leave Money Supermarket
Bruce Carnegie-Brown is set to stand down as a chairman of Money Supermarket after nine years.
Insurers face Part VII transfer delays as Brexit looms
Exclusive: The government is mulling an extension to the deadline for insurers to get legal permission to move books of business from the UK to Europe.
711 jobs at risk as Axa XL embarks on next phase of integration
Axa XL has outlined a new target operating model and organisational structure that could see it cut 711 positions for its European workforce.
This month: Brace for Boris
As the Brexit negotiations rumble interminably on, it can sometimes feel impossible to imagine life after 29 March. The British Insurance Brokers' Association gave the industry something to look forward to, announcing the keynote speaker for its…
Beazley profits halve as it feels nat cat impact
Beazley saw profits fall 55% last year owing to the continuing affect of natural catastrophe claims on underwriting margins.