Lloyd’s/London
Market moves: Ageas and Axa name new MDs
With insurance companies gearing up for the festive holidays, it was a surprisingly busy week in recruitment.
Review of the year - General insurance: Regulatory dramas
2011, a year dominated by regulatory and legislative change, could yet prove to be a landmark 12 months for the insurance industry.
Post magazine – 15 December 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
O’Roarke and LV management team extend contract until 2016 – Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including how LV general insurance MD John O’Roarke is targeting an increase in SME and home insurance business having signed up to a new four-year deal at the firm.
Chaucer strengthens energy team
Chaucer has made new underwriting appointments in London, Houston and Oslo.
Post magazine 2015 features list
Since January 2012, Post magazine has been running its features on a monthly, rather than an annual basis. For updates contact commissioning editor Rachael Adams.
Lloyd’s underwriters “looking at Conrad Murray conviction"
Lloyd’s underwriters are examining the impact Dr Conrad Murray’s manslaughter conviction for Michael Jackson’s death will have on their legal battle with AEG Live.
Editor's comment: Impacting the market
Market-turning they may not be but market-impacting they evidently are. Revised loss estimates for the 1500 industrial units hit by the Thai floods have reached $20bn.
Equalisation reserve changes to impact insurers
Legislative changes to claims equalisation reserves will disadvantage insurers, a PwC analyst has warned.
News analysis: Escalating loss estimates in Thailand begin to trigger market fallout
It was the worst flooding Thailand had seen for 50 years and, during its four-month spell, more than 600 people died and 77 provinces were submerged in water.
Review of the year - Lloyd's & London Market: The costliest year ever?
The first half of 2011 saw an unprecedented number of catastrophic events, so how has Lloyd’s and the London market coped?
Market moves: ‘Tis the season for recruiting
As Christmas draws closer, the insurance industry has prepared for the New Year with a raft of appointments. In the broking market, there were moves for Aon and Willis, while Howden added three new faces to its team.
Claims club: Claims teams must gear up to provide Solvency II documentation and evidence
Claims handlers are not exempt from the Solvency II requirements, according to Lloyd’s boss Luke Savage. The finance, risk management and operations director warned attendees that claims teams would have to ensure their documentation, technical provision…
Review of the year - Health insurance: Seeds of change
Despite a tough 12 months, and gloom forecast for 2012, the health insurance sector has planted important seeds for future growth this year.
Post magazine – 8 December 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Motor insurers set to share application data in suspected frauds – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including how motor insurers plan to share suspected application fraud data as criminals try multiple applications to get cars on the Motor Insurance Database as cheaply as…
Besso appoints Greene as NED
Lloyd’s broker Besso Insurance Group has named Stephen Greene as a non-executive director.
Mitsui Sumitomo adds to Dublin team
Mitsui Sumitomo at Lloyd’s has appointed Brian Moran and Gavin Mullen as senior underwriters in its Dublin office.
70% of firms ready for risks, says Lloyd’s report
A Lloyd’s Risk Index report has found that 70% of businesses believe they are better prepared to tackle the risks they face than they were two years ago.
Torus takes CV Starr Lloyd’s renewals
The Lloyd’s arm of specialty insurer Torus is to take over renewals of CV Starr’s Lloyd’s syndicate's continental European marine, casualty, financial lines and general property business.
Lloyd's insurers to see popstar Michael Jackson papers
Lloyd’s insurers for Michael Jackson’s ‘this is it’ London tour can study the popstar’s medical records.
Pro Sight takes over TSM at Lloyd’s
Pro Sight Specialty Insurance has acquired Lloyd's coverholder TSM Agencies and 100% of the capacity rights to Lloyd's syndicate 1110.
Dual extends D&O through Lloyd’s
Specialist underwriting agency DUAL Corporate Risks has entered into a strategic partnership with Aspen Managing Agency (Syndicate 4711) and Pembroke Managing Agency (Syndicate 4000) to provide additional capacity for directors' & officers' liability.
Career development: MA names new standards manager
The Lloyd’s Market Association has appointed Ben Baker to the role of professional standards manager, as it prepares to launch its new training academy.