Lloyd’s/London
Post Broking Supplement: Biba 2012 conference timetable
The event programme for the Insurance Brokers' Association Conference - Shaping our futures - on Wednesday 16 and Thursday 17 May 2012.
Lloyd's: Can the market fully recover from the losses in 2011?
Lloyd's' market performance and underwriting discipline has long been praised by the industry but, after the near unprecedented losses in 2011, many are wondering whether it can fully bounce back.
Market moves: A reinvigorated rehabilitation sector
Hot on the heels of its management restructure, and luring of QBE claims director Andrew McBride to work in its New York office, Ace has unveiled a double promotion in UK & Ireland casualty.
Post magazine - 10 May 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Jubilee hires former Swiss Re boss for speciality role
Lloyd's insurer Jubilee has appointed David O'Sullivan as head of life in a bid to grow the speciality life business.
Election grips Lloyd's Market Association
The Lloyd's Market Association is facing the most competitive election in its 11-year history for four new members of the governing body.
Canopius makes play for Omega in bid to grow PE-backed Lloyd’s insurer
Canopius chairman Michael Watson has acted on ambitions to grow his private equity-backed Lloyd's insurer, with a £164m takeover of struggling Omega in a deal that sees a slice of the business sold to US insurer Tower Group.
Editor's comment: The lure of Lloyd's
London's bid to elevate its appeal and competitive edge for financial services businesses deciding on the best domicile may still be subject to speculation on likely success, but the lure of Lloyd's is undeniably as strong as ever to international…
Novae posts 6% jump in GWP
Novae has reported a gross written premium of £231.1m in its Q1 results representing a 5.7% increase on last year (2010: £219.7m).
Lloyd's upbeat on prospects after low cats
Lloyd's has reported that a lack of catastrophes in the first quarter has left it on target for the year, and gave a positive outlook for growth.
Hardy shareholders say yes to CNA deal
Hardy shareholders have approved the £143m sale of the Lloyd's insurer to CNA.
Willis UK business down "mid-single digits" in Q1
Willis has again bemoaned the performance of its UK arm as it reported net income from continuing operations for the quarter ended 31 March of $225m compared with $35m in the same period a year ago.
Debevoise & Plimpton advise Omega on Canopius deal
Law firm Debevoise & Plimpton is advising Omega on Canopius acquiring the business.
Spotlight On Technology: The age of uncertainty
With conventional wisdom being challenged in recent years, clarity over what models can and cannot do is urgently needed.
Spotlight On Technology: The developing world
With technological developments gathering pace, how will insurers cope with the influx of new gadgets and remain innovative?
Mitsui posts £12m profit
Mitsui Sumitomo holding company MSI Corporate Capital has reported a pre-tax profit of £11.99m, up from a £17.77m loss restated.
Post Blog: Lloyd's, losses and the London Business Forum
'Lloyd's announces £500m loss' and 'Richard Ward's surprise that this hasn't been reflected in rates' has been all over the press in recent weeks.
Underwood steps down as Colement chairman
The chairman of Lloyd's broker Colemont Insurance will step out of the hotseat on 31 May having spent seven years with the firm.
Free webinar: The property & casualty market in South East Asia
Post and Insurance Insight in conjunction with the Chartered Insurance Institute will present a free webinar on the property and casualty insurance markets in South East Asia today at 16:00 Hong Kong time and 8:00 GMT.
A century after the Titanic sank, human error remains marine insurers’ biggest foe
The Titanic disaster left over 1500 dead and the industry facing a record payout.
QBE move for Brit secures broker backing as deal doubles regional GWP
Acquiring Brit UK's renewal rights is Australian insurer QBE's biggest UK deal in more than 10 years, and signifies its commitment to becoming a major player in the regional broker market insuring SMEs.
Bonuses take a bash but salaries for the top industry jobs continue to rise
Total salaries for insurance chief executives increased across the board, according to insurers’ annual reports for the year ending 2011, despite a drop in total remuneration.
AM Best downgrades and withdraws Omega rating
AM Best Europe has downgraded Omega Speciality Insurance’s financial services rating from A- to B++ and withdrawn the ratings at the request of Omega Insurance Holdings.
Omega co-founder to overhaul board
Omega co-founder John Robinson is reported to be in talks with Fund Management Group about overhauling the troubled Lloyd's insurer's board.