Lloyd’s/London
LGBT insurance network to participate in London’s Pride
LGBT insurance network Link will join the London’s Pride March on Saturday 29 June, which will mark the end of London’s Pride Week.
Liberty Mutual forms aviation consortium with Ace & Hiscox
Liberty Mutual Insurance Europe is to work with Ace Global Markets and Hiscox in a consortium for aviation cover.
Argenta strengthens board with internal appointments
Argenta Holdings has appointed Graham Allen and Ian Maguire to its board of directors.
UK insurers must act to minimise climate change exposure
The UK insurance market’s exposure to international losses as a result of climate change is greater than its exposure to losses on the domestic market, a PWC study has found.
Piracy on the rise in West Africa
Piracy attacks on the West African coast are now more frequent than Somali piracy, a report by the International Maritime Bureau and other organisations said.
Randall & Quilter upbeat ahead of AGM
Randall & Quilter's first half financial result is expected to be in line with the board's expectations, according to chairman and chief executive Ken Randall.
News Review: 13 June 2013
News Review
Airmic 2013: Aon throws down innovation gauntlet
Aon group president Stephen McGill has challenged the insurance industry to step up its work on innovation.
View from the Top: London must lead the way
Innovation is key if the London market is to retain its global importance to the industry, says Nicolas Aubert.
Hiscox names Pinchin as reinsurance CEO
Hiscox has appointed its Bermuda chief executive Jeremy Pinchin as the leader of its newly combined reinsurance businesses.
Initial Public Offerings: A good time to float
Following successful initial public offerings by Direct Line Group and Esure, many industry commentators believe market conditions are currently perfect for further flotations. So, is it time for others to go public?
Levene calls for clarity around Co-op's failed bid for Lloyds branches
Former Lloyd's chairman Lord Levene has called on government to confirm whether it favoured the Co-operative Bank's takeover bid of 632 Lloyds Banking Group branches over one by his own vehicle, NBNK.
Brit enters political & credit risk market
Brit has entered the political & credit risk market with the appointments of Peter Jenkins and John Lentaigne as co-heads of the new division.
Willis names new directors ahead of Plumeri board retirement
The Willis board has nominated Francisco Luzón and Jaymin Patel as directors of the company, which completes the slate of directors that will be presented to shareholders at the upcoming annual general meeting.
Besso expands into Australia following Sterling investment
Lloyd’s broker Besso has stepped up its foray into international markets with a minority investment in Sterling Insurance in Australia.
IFB working on new model to attract brokers put off by membership cost
Move coincides with demand for greater broker representation on fraud register
R&Q completes French acquisition
Randall & Quilter Investment Holdings has closed the acquisition of the share capital of French domiciled insurer La Réassurance Intercontinentale from MMA.
Search for independent midwives PI cover at Lloyd's 'a non-starter'
Independent midwives in search of professional indemnity insurance have experienced a further setback after an attempt to track down underwriting capacity from the Lloyd’s market drew a blank.
Hardy names Bunting as claims head
Hardy Underwriting has appointed Matt Bunting as head of claims.
RMS estimates Oklahoma losses could reach $3.5bn
Risk Management Solutions has put insured losses from the Moore, Oklahoma tornado at $2bn to $3.5bn.
Aon France director joins Miller
Aon France has lost its head of political risks, Arnaud Froideval, to Miller where he has joined the marine team.
APC extends liability limits
Underwriting agency APC has increased the limits on the majority of its public and products liability risks to £10m and property risks to £50m in a move that it claims will help smaller brokers win larger clients.
Carlier named Cooper Gay Re CEO
Former RK Carvill and Minet Re chief executive Ron Carlier is to return to the industry leading the reinsurance subsidiary of Cooper Gay Swett & Crawford.
Kiln names former KPMG UK boss as non-exec
Kiln has recruited KPMG’s former UK chief executive to take a seat on its board, leading the insurer’s audit risk and compliance committee.