Lloyd’s/London
Lloyd's Probitas 1492 to increase general liability limit to £15m
Lloyd's syndicate Probitas 1492 is to increase its employers and general liability limit to £15m from 1 January 2016.
Lloyd's to launch index in 2016
Lloyd’s of London today plans to launch its own insurance-based index in mid-2016. The index will show diversified risk, loss ratios and be focused on insurance performance.
LMA Academy sees its biggest year to date
With almost 7000 insurance professionals having taken part in events organised by the Lloyd's Market Association Academy since January, 2015 is set to be the biggest ever year for the LMA’s training and development team.
Marketform appoints Chubb's Brown as M&A global practice leader
Specialist Lloyd's underwriter Marketform has recruited Robert Brown as global practice leader of its mergers and acquisitions insurance operations.
Cathedral CEO and CFO exit Lancashire
Lancashire Holdings has announced the forthcoming departures of Cathedral Capital CEO Peter Scales and chief financial officer John Lynch on 31 March 2016.
LMG outlines key achievements in 2015
The London Market Group says there had been good progress across their four areas of focus as it released its progress report for 2015 today (9 December).
Watkins Syndicate to rename as Munich Re
From 1 January 2016 Watkins Syndicate 457 in addition to its managing agent Munich Re Underwriting will be renamed Munich Re Syndicate.
Ironshore firming up presence in Europe
Ironshore International is expanding into Europe, opening an office in Cologne.
Willis's Aubert to stand for Council of Lloyd's
Nicolas Aubert, CEO of Willis, is standing for election as a member of the Council of Lloyd’s.
Impact Forum: Apple to launch electric car in 2019 predicts government adviser
Technology giant Apple has been tipped by a government adviser to launch into the motor market by 2019.
Impact Forum: Renewable energy equal with cyber in terms of Lloyd's growth potential
Reneweable energy is among the burgeoning new classes of business in the Lloyd’s and London markets, alongside cyber, it was claimed yesterday at the Post Impact Forum.
Chaucer appoints XL Catlin's Callan as CFO
Lloyd's insurer Chaucer has appointed Robert Callan as chief financial officer of Chaucer Syndicates.
Hiscox raids Catlin for product recall team hires
Hiscox has established a product recall team within its London market business with four new hires.
Career File: Tom Bolt to leave Lloyd's in 2016
Lloyd's performance management director Tom Bolt is to leave the corporation in mid-2016 after almost seven years of service.
Pembroke protects artworks from political risk
Fine art and collectable valuables could be protected from seizure and other losses due to political acts through a new product issued by Ironshore International.
Review of the Year: Lloyd's
Lloyd’s didn’t stand still in 2015, while facing new threats and growing competition. With a bold new strategic direction and a number of mega-deals in the consolidation arena, the market has emerged with its head held high.
Aviva augments wholesale ambitions with Lloyd's trading location
Aviva is to open an office adjacent to Lloyd's to bring its underwriters closer to brokers in the international wholesale arena.
Reserving certainty a fillip for insurers in Enterprise Bill amendment
A proposed amendment to the Enterprise Bill under consideration by the House of Lords is being championed as giving insurers more certainty around reserving for damages relating to late claim payments.
Blog: Why Lloyd's is losing out on insurance technology innovation - and how it can fix this
While the founder of Lloyd's might be amazed by how far Lloyd's of London has come in a little over 300 years, this insurance market is no longer the pioneer of the industry that it once was.
Claims Club: Ex-Lloyd's CEO Ward urges wider tech focus
Insurers are too interested in “hygiene” factors at the expense of how technology might impact their business.
New contract with key broker for Xchanging
Technology services provider Xchanging has won a contract with Aon, announced this morning (30 November).
Bryant to swap Lloyd's for Swiss Re Corporate Solutions in Hong Kong
Dylan Bryant, Lloyd's Hong Kong general representative, is to leave early in the new year for a role at Swiss Re Corporate Solutions.
Shanghai broker registers with Lloyd's
Shanghai Asian Insurance Brokers has become the first Chinese broker to register with Lloyd's.
Lloyd's syndicates unite for $400m natural catastrophe pool
Eight Lloyd's syndicates are uniting to help protect emerging economies in Africa, Asia and Latin America from natural catastrophes.