Lloyd’s/London
Pioneer launches renewable energy team
Pioneer has launched a renewable energy underwriting team led by Warren Diogo.
Lloyd's to unveil plans for EU move in the new year
Lloyd’s of London will create an office somewhere within the European Union in a move to divert some of its operations to the continent as a result of the UK's Brexit vote.
Mixed reaction from market over Lloyd’s subscription cuts
The London Market has expressed a mixed reaction to planned changes to fees paid by market members to the Corporation of Lloyd's.
Underwriting at Lloyd's unprofitable in the aggregate, say Beale & Nelson
The strong performance that Lloyd’s has enjoyed this year masks a worrying unprofitable underwriting trend, according to the market’s CEO Inga Beale and chairman John Nelson.
Lloyd's to cut subscription costs by 10%
Lloyd's of London will reduce its market subscriptions by 10% for 2017 as part of efforts to keep the market competitive.
Novae appoints head of marine
Specialist Lloyd’s insurer Novae has appointed Helen Steadman as head of cargo.
CG Holdings launches new MGA Corin Underwriting
Casualty & General Insurance Company Europe’s parent company CG Holdings is launching Corin Underwriting Limited, a managing general agent to handle its UK and Irish casualty risks.
Lloyd’s to update operating structure
Lloyd’s has unveiled its new operating structure, to be rolled out in the New Year.
Accelerate signs three year deal with JM Glendinning
Specialist managing general agent Accelerate Underwriting has agreed a three year deal with UK insurance broker JM Glendinning.
Helios acquires Salviscoint for £800,000
Helios Underwriting has acquired Salviscoint, a limited liability member of Lloyd's, for £800,000.
Lloyd’s announces potential post-Brexit strategies
Lloyd's said setting up a single European Union subsidiary or a network of branches across several EU countries are two potential post-Brexit strategies if passporting rights cannot be maintained.
London Market launches online platform as part of modernisation agenda
The London Market Group has launched an online portal which will enable brokers and service companies to submit premiums electronically.
Chaucer expands Singapore treaty team
Lloyd's specialist insurance group Chaucer has appointed former Swiss Re manager Ong Chee Koon as class underwriter to join its Asia treaty team in Singapore.
IUA: Single market access is key Brexit concern
The London insurance market must maintain access to the single market following Brexit negotiations, the International Underwriting Association has warned.
London Market must ‘adapt and evolve,’ says Probitas senior underwriter
The London Market is afraid and reluctant to change, says Probitas senior underwriter James Andlaw.
Brokers must offer more Shariah compliant products, says IIAL
The Islamic Insurance Association of London has called for brokers to better meet their Muslim clients’ needs by offering Shariah compliant products.
London Market welcomes proposed ILS reform
The London Market has welcomed the publication by the government of draft regulations for Insurance-Linked Securities for consultation.
Lloyd's and Iran in trading talks
Lloyd’s of London has begun talks with Iran’s insurance industry on the potential of underwriting business in the Middle Eastern country.
MAP staffer named 'underwriter of the year'
Richard Trubshaw, a property underwriter at Managing Agency Partners, has been named London’s leading underwriter based on broker nominations, according to a new report.
Neon exits punishing Italian medical malpractice account
Neon has exited its unprofitable Italian medical malpractice account.
AIG's Anthony Baldwin on bringing women into the boardroom
“If not me, who? If not now, when?” This is the question actor Emma Watson posed as she addressed the United Nations in 2014 on behalf of a campaign that she is fronting known as He For She.
Beazley refocuses portfolio after GWP fall in standard lines
Beazley has seen flat gross written premiums even as it sees declining income from its core lines of marine, property and political risk.
Hiscox to ‘shrink’ London Market business in response to rate pressure
Hiscox is “actively reducing” its aviation, marine and energy business in the London Market, in response to severe rate pressure.
Lloyd's to open Indian reinsurance branch in 2017
India's Insurance Regulatory and Development Authority has approved Lloyd's application for a reinsurance service in India.