Lloyd’s/London
Lloyd's Chairman: No 'regulatory nirvana' from Brexit
Leaving the EU won’t result in a “regulatory nirvana” for the insurance industry, Lloyd’s Chairman John Nelson said in a speech.
WR Berkley begins Asian insurance venture
WR Berkley has launched Berkley Insurance Asia to serve clients in Asia to complement its Asia-Pacific reinsurance operations.
Biba 2016: UK SME business remains key for Lloyd’s, says Inga Beale
Lloyd’s CEO Inga Beale, pictured, has told Post SMEs remain an important part of the market’s plans.
TMK launches aviation consortium
A general aviation consortium has been launched on the Lloyd’s Asia platform by Tokio Marine Kiln.
Lloyd’s chair Nelson to retire in May 2017
Lloyd’s chairman John Nelson plans to retire at the market’s annual general meeting in May next year.
C-Suite Broker: Willis Tower Watson's Nicolas Aubert on pushing the London Market forward
Over the years, the London insurance and reinsurance market has faced many challenges and changes, but to date it has successfully navigated these choppy waters.
Brexit would ‘significantly damage’ London Market, says IUA
Underwriters have raised concerns Brexit would limit access to markets and “significantly damage” London Market companies, according to the International Underwriting Association.
RGA Underwriting gets Lloyd’s broker status
RGA Underwriting will start placing risks directly with Lloyd’s underwriters in a move the company says will let them place more unusual risks particularly in the property market.
GRP backs MBO for Lonmar
Investment vehicle Global Risk Partners has agreed to back the management buyout of specialist Lloyd’s broker Lonmar Global Risks.
Aubert to head up London Market Group
Willis Towers Watson’s boss in Great Britain Nicolas Aubert will succeed Steve Hearn, CEO of Cooper Gay Swett & Crawford, as London Market Group’s chair.
Asta appoints new CRO and CIO
Asta has named Clare Barley and Matthew Lane as its new chief risk officer and chief information officer, respectively.
Lloyd's aims to bring market together with enhanced Sydney office
Lloyd's has officially opened an office in Sydney designed to bring its market syndicates and participants together.
Former Pool Re chairman Tony Latham takes on NED role at Argo
Tony Latham will serve as Argo Managing Agency’s new non-executive director, with the former Pool Re chairman taking up the board role from 27 April.
AmTrust to acquire ANV for $218.7m
AmTrust has announced it will buy ANV Holdings for $218.7m (£151m) in what it describes as a “transformative transaction” for the company.
Lloyd’s still to shake ‘men in grey suits’ image
Less than half of companies in Lloyd’s have women on their boards, according to a survey on diversity.
British Insurance Awards: The 2016 shortlist
Have you made the cut as a potential headliner? Well the wait is over - as today we reveal those companies that made it onto the British Insurance Awards 2016 shortlist.
London market insurers will struggle with investment returns in 2016
Investment income will remain a sticking point for London market insurers as reserves are hit by low rates in popular short-term investments, according to a report by Fitch Ratings.
RSG launches cyber facility with £20m Lloyd's backing
Chicago-based RSG Underwriting Managers has launched a £20m cyber risk facility based in London.
Willis warns others as it settles JLT fine arts and specie team defection for £22m
International broker Willis Towers Watson today reaffirmed it is “committed to protecting its business” and “will always seek legal redress where appropriate”.
Oil price shocks could drive insurers out of energy sector
Cost-cutting in the energy market as oil prices fall could see insurers consider exiting the sector, according to Willis Towers Watson’s annual energy market review.
Brokers, insurers and Lloyd's carriers see FCA fees reduced
Brokers, insurers and Lloyd’s companies will see their contribution to the Financial Conduct Authority annual funding requirement reduced in 2016/17, according to the proposed fees published today.
Brexit would ‘hurt’ or ‘severely damage’ Lloyd’s
More than two-thirds of market professionals think Brexit would “hurt” or “severely damage” the London market, according to a survey from financial public relations consultancy Haggie Partners.
Gallagher's international bosses praised in wake of Towergate defections
Arthur J Gallagher has attributed the "underperformance" of its UK arm in 2015 to the departure of its former management team in a proxy statement released this week ahead of its annual general meeting on 17 May.
Lloyd's to apply for Mumbai reinsurance branch
Lloyd's has started talks with the Insurance Regulatory and Development Authority about a reinsurance branch license in Mumbai, India.