Lloyd’s/London
Cheesegrater cordoned off after steel bolts break
Two steel bolts have broken on London’s Cheesegrater building, home to Aon and Amlin, among other insurance businesses.
Lloyd's appoints Mark Cooper as first Dubai country manager
Lloyd's has appointed Mark Cooper to lead the market's new operation in the Dubai International Financial Centre effective February 2015.
Insurers sign up to cyber summit agreement with government
Twelve insurers have signed a joined pledge to more actively highlight cyber threats to UK businesses and work more closely with government to improve cyber security risk management.
Argenta bolsters Syndicate 2121 with double hire
Argenta Syndicate Management has appointed two UK property and liability underwriters to Syndicate 2121.
Industry welcomes PRA survey on ‘real threat’ of climate change risk
Insurers lack understanding of climate change’s implications for investments
EAIC 2014: Insurance entering golden era, says Beale
CEO of Lloyd's Inga Beale has urged insurers and reinsurers in Asia to help embrace a golden era of insurance.
Willis and Miller a good cultural fit says Hearn
Willis deputy CEO Steve Hearn has expressed confidence in the shared values and cultures between his own business and its potential purchase Miller.
London market bosses’ wish for unified representation unlikely to be realised
Insiders doubtful over aims of CEOs and COOs that were revealed in IUA survey
Deputy Editor's Comment: Looking beyond the EU rhetoric
Is it impossible for anyone in public office to talk about the European Union without expressing or feigning anger for their own side’s short-term political gain? It seems that way this week.
London company market income from overseas offices increases 10%
Insurance business written overseas subject to oversight by London operations accounted for £6.8bn of premium in 2013, a 10% increase on 2012, according to an International Underwriting Association report.
Marie-Louise Rossi: An obituary
Marie-Louise Rossi, who died last night at the age of 58, left a huge legacy for the London insurance market for which she acted as a powerful, persuasive advocate for over a decade while at the helm of the International Underwriting Association (IUA).
Cobalt boss hails AIG appetite after capacity deal
The CEO of Shariah-compliant managing general agent Cobalt Underwriting has paid tribute to AIG after the US insurer agreed a deal to provide capacity for a range of covers.
Lloyd's £500m bond issue oversubscribed
Lloyd's of London has raised £500m from a 10-year sterling Tier 2 bond after attracting almost a £1bn of orders.
Canopius appoints engineering underwriter in Singapore
Specialty (re)insurer Canopius has recruited SART Underwriting's Ching Hong Onn following the extension of Lloyd's Construction Consortium to Singapore.
BP Marsh admits Besso exit plan
BP Marsh CEO Brian Marsh has told Post the firm expects to exit its investment in Besso as the Lloyd’s broker seeks to continue its growth.
Ryan Direct Group agrees strategic deal with Am Trust
Ryan Direct Group is to acquire the rights to the commercial combined SME portfolio underwritten by Am Trust Underwriting.
Argo unveils complimentary legal advice for D&O customers
Lloyd’s insurer Argo International has launched a new policy that see the firm offer complimentary legal support to holders of directors and officers policies.
Fitch affirms Lloyd’s IFS rating at AA-
Ratings agency Fitch has decided to confirm the Insurer Financial Strength rating of Lloyd’s and it’s Chinese operation at AA-, with a stable outlook.
Lloyd’s attempts to woo provincial markets to consolidate UK position
Market hoping to boost connections with brokers and MGAs outside London
ANV appoints two to consumer products team
ANV has grown its consumer products team with two hires including Sanjay Vara who joins as consumer products head.
Australian Lloyd's coverholder Mobius appoints general manager
Stuart Warden has been promoted to general manager at Lloyd's coverholder Mobius Underwriting Australasia, part of SLE Holdings.
Ironshore boosts Japan Lloyd's M&A team
P&C insurer Ironshore has appointed former lawyer Steven Harwood as Ironshore's Lloyd's syndicate Pembroke's dedicated underwriter in Tokyo.
Canopius acquires ANV team to run consumer products business
Canopius Group has launched a consumer products business for the UK affinity market.
Lloyd’s quartet partner with US homeland security chief to launch cyber insurer
Four Lloyd’s insurers will reportedly partner with the US’s first ever homeland security chief to set up a venture specialising in corporate cyber security policies.