Lloyd’s/London
Nexus makes first overseas acquisition in Hong Kong
Lloyd's MGA Nexus has bought Hong Kong-based marine MGA Beacon Underwriters for an undisclosed sum.
Lloyd’s says Brexit puts £800m of GWP at risk
A Brexit will cost Lloyd’s £800m worth of gross written premium, the corporation told its managing agents in a meeting today.
IUA urges quick resolution to UK EU trade talks
The International Underwriting Association has called for talks to begin as soon as possible on the UK's new trading relationship with the EU following last Thursday’s Brexit vote.
Gao promoted to Lloyd's Greater China role
Eric Gao, chairman and CEO of Lloyd's (China) has been promoted to head of the Greater China region leading teams in Beijing, Hong Kong and Shanghai.
Editor's comment: A time to come together
The UK electorate has had its say and the decision is for the UK to leave the European Union.
Blog: Brexit - How much preparation has gone on behind the scenes?
Post made hay with a Freedom of Information request earlier this month, which revealed that the industry’s two main regulators had not carried out a formal review of the regulatory and financial impact of a Brexit.
Brexit: Solvency II likely to remain says PWC
Solvency II will "almost certainly remain" according to PWC despite the UK voting to leave the European Union as too much time, money and effort has been invested in it and the regulation is enshrined in UK Law.
Brexit: Lloyd’s will stay at the centre of global specialist insurance despite Brexit says Nelson
The Lloyd’s chairman, John Nelson, has responded to the European vote saying Lloyd's will remain at the "centre" of the global sector.
Antares launches treaty casualty and appoints Everest's Jarman to head offering
Antares has launched its casualty treaty offering with the appointment of Neil Jarman as casualty treaty officer.
Aquila Underwriting expands into French market
Specialist managing general agency Aquila Underwriting is setting its sights on the French corporate market with the formation of new agency We Specialty, based in Paris.
Claims: Claims side leads way towards a digital Lloyd's
Lloyd’s of London, like the London market as a whole, is becoming more urgent about getting up to speed with modern technology – and claims is leading the way
Neon expands into Bermuda
The specialist Lloyd’s insurer is growing its international footprint and access to both the Bermudian and US markets.
Foo Fighters sue Lloyd's insurers over cancelled gigs following Paris terrorist attacks
Musicians the Foo Fighters have filed a suit against insurers for failing to reimburse cancelled European shows following the Paris terrorist attacks last November.
Thomas Miller launches Thomas Miller Specialty
Thomas Miller, which manages the UK and TT Protection & Indemnity clubs, has launched a new group business, Thomas Miller Specialty.
Cyber language will become ubiquitous, says Bolt
Five years from now every insurance policy will have cyber language in it, according to Tom Bolt, the recently installed president of UK and Southern Europe at Berkshire Hathaway Specialty Insurance.
James Hallam added as registered broker at Lloyd’s
London-based broker James Hallam has added to its accreditation, taking up Lloyd’s broker status following its recent approval as a chartered broker through the Chartered Insurance Institute.
Results yield growth for Tysers
Lloyd’s broker Tysers has seen revenues rise to £46.8m (2014: £41.3m) and EBITDA grow to £9.4m (2014: £8.2m) in its 2015 results.
IUA warns job losses ‘highly likely’ if Brexit camp wins
Job losses among the 34,000 people employed directly in the city’s commercial insurance sector, and thousands more indirectly, are likely if the UK votes to leave the European Union, according to industry bodies.
Quiz of the week - 20 May 2016
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Enstar's Starstone opens Australian specialty underwriting operation
Global specialty insurer Starstone (formerly Torus) owned by Bermuda-based Enstar has created a Lloyd's underwriting facility for Australia and New Zealand.
Lloyd's CEO Inga Beale on Desert Island Discs: Five things we learnt
Desert Island Discs was an important part of my childhood - as were The Archers and Test Match Special - growing up in a radio-obsessed household. However, in the age of podcasts I only dip in and out of the show now if I read about a guest who has been…
LMA adds four to board
Four candidates have been elected to the Lloyd’s Market Association board, including several C-suite level executives.
Q&A: Paul Tasker, Tasker Insurance Group
After consolidating a number of acquisitions, Paul Tasker, Tasker Insurance Group CEO, tells Peta Fuller what is next for the group
Lloyd’s CRO Sean McGovern joins XL Catlin
Lloyd’s chief risk officer and general counsel Sean McGovern has joined XL Catlin as chief compliance officer and head of regulatory and government affairs.