Lloyd’s/London
Event insurance: Dancing in the street
Next year could be huge for the events industry, with the Diamond Jubilee and the London Olympics taking place. With a host of celebrations occurring, can the events insurance sector capitalise?
In series - Lloyd's & London Market: Social strengths
The CII’s London market faculty New Generation Group is downbeat about Lloyd’s adoption of social media. Post spoke to its members to find out why.
In series - Lloyd's & London Market: Technological challenges
After a slow start, Lloyd’s and the London market are embracing technological developments to drive down cost, time and errors. But is its embrace of new mediums firm and fast enough?
Post Magazine - 06 October 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
NZ faces mass withdrawal as earthquake claims stack up – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the possibility that insurers and reinsurers could stop providing earthquake cover in New Zealand altogether, forcing its government to handle claims.
Beazley expands underwriting team
Construction and engineering risks insurer Beazley is expanding and restructuring its global underwriting team.
Clarity needed on Solvency II
Lloyd's has responded to the Financial Services Authority Solvency II revisions.
VRS Vericlaim aims to double in next five years
UK loss adjusting firm VRS Vericlaim, part of the European VRS Network, has revealed plans to double in size in the next five years.
Ferma 2011: News round up
The Federation of European Risk Management Associations has said it will continue its fight for broker transparency and aims to convince the European Commission to include it in the next version of the Insurance Mediation Directive.
FSA set to announce Solvency II deadline decision "soon"
The Financial Services Authority has said it is to announce the deadline for implementing Solvency II “soon”.
Sagicor quits casualty treaty reinsurance
Sagicor at Lloyd’s has pulled out of providing casualty treaty reinsurance following its earlier withdrawal from property treaty reinsurance in April 2011.
Market moves: Getting ready for the fourth quarter
Lloyd’s players were the most active recruiters this week as the insurance industry looks forward to the fourth quarter. A number of underwriters in the London Market made appointments, with a view to strengthening their teams. Moves among insurers…
Lloyd’s places syndicates under financial scrutiny
Lloyd’s has begun an intense examination of syndicates’ 2012 business plans, in a bid to weed out unprofitable underwriting risk.
Online this week
The top ten stories from www.postonline.co.uk
Rehabilitation First Awards 2011: Young Achiever of the Year
With the judges looking for high-flying individuals under 30 who are exceeding their employer’s expectations, championing rehabilitation in the wider market and setting themselves out as the industry’s stars of tomorrow, four strong candidates emerged…
Post Magazine - 29 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Bruce joins UK General in bid to boost commercial – Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including the appointment of Cathie Bruce to the newly created role of commercial managing director at UK General.
Lloyd’s pips AIG in surplus lines
The surplus lines industry suffered an unprecedented fourth year of declining premiums in 2010 and Lloyd’s knocked AIG off the top spot, according to AM Best.
Ellis Clowes opens Banbury office
Lloyd's insurance broker Ellis Clowes has opened its second office in Banbury.
Willis and XL move to e-accounting
The London-based operations of insurer XL Group and broker Willis are now using the Acord electronic accounting process between the two companies.
Former Lloyd's chair Taylor joins Jubilee as Ryan finalises deal
Ryan Specialty Group has completed the acquisition of specialist Lloyd’s insurer Jubilee Group Holdings and announced a host of key appointments.
PwC launch new scheme for Highland UK reinsurance creditors
Pricewaterhouse Cooper today announced that Highlands UK’s scheme of arrangement which dealt with the direct insurance business of the company, has, following its successful implementation, been formally terminated.
Canopius Omega bid best says adviser
A note from stockbroker Peel Hunt has dismissed the Haverford bid for 25%of Omega as the least attractive to shareholders of the three bids, preferring Canopius to Barbican.
Lloyd's and ABI band together on Solvency II
Lloyd’s and the Association of British Insurers’ are working together on a proposal that will allow the London market to push ahead with implementing Solvency II - even if it is delayed until 2014.