Lloyd’s/London
Aspen splits CEO duties with Cavoores promotion
Aspen Insurance HAS today announced the appointment of John Cavoores as co-chief executive officer of its insurance operations, Aspen Insurance.
Marsh appoints former international CFO to non-exec role
Marsh has appointed Equitas chief executive Jane Barker to a newly-created non-executive director position on its board with immediate effect.
Argo enters aviation market
Argo International has announced that it is introducing aviation to its portfolio.
UIB beats rivals to trade electronically with Lloyd’s
Lloyd’s has confirmed that insurance broker UIB is the first to successfully send a live endorsement request message through the London Market’s ACORD messaging hub, The Exchange.
Liiba selects worldwide insurance tax calculation tool for brokers
The London and International Insurance Brokers’ Association is teaming up with a leading service company to help its members calculate tax payable on insurance policies around the world on a territory-by-territory basis.
Beazley adds to political risks team
Beazley has appointed Lila Rymer to its political risks team.
Brit's Groves awarded CII accolade
Alan Groves, Brit Insurance’s reinsurance contracts manager within its reinsurance business unit, has been awarded the Chartered Insurance Institute’s Rutter Prize.
Postscript - 10 years ago: QBE to establish largest MA
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Career path & CSR news: Lloyd’s to recruit and train 50 claims professionals
Lloyd’s is set to invest in the recruitment and training of 50 claims professionals over the next five years.
Swiss Re chief risk officer departs in management shake up
Swiss Re has established a new leadership structure, which it claims broadens the market representation at executive committee level and better align with client needs.
BIS 2010 - News: UK industry 'too fragmented' to have international impact
The UK insurance industry may fail to get its voice heard at home and on an international stage because it is too "fractured".
Lloyd's company ties up outsourcing deal with Direct group
Sagicor Life at Lloyd’s has revealed plans to develop further into the group life market in the UK and Europe by announcing that it has reached an agreement with Direct Group to transfer its quote and administration services to Direct Group.
Half-year underwriting loss a first for Lloyd's
Lloyd's has recorded its first ever interim underwriting loss since it started publishing half-year results in 2005.
AM Best affirms QBE Europe's rating as "A"
AM Best Europe has affirmed the financial strength ratings of A (Excellent) and the issuer credit ratings (ICR) of “a+” of QBE Insurance (Europe) (United Kingdom), QBE Insurance (International) Limited (Australia) and QBE Reinsurance (Europe) Limited …
JLT announces name change
Jardine Lloyd Thompson Group has announced it is changing the name of Jardine Lloyd Thompson Limited to JLT Specialty Limited.
Hyperion shows Asian intent
Post has learnt that a subsidiary of Hyperion Insurance Group has reached an agreement to acquire an independent insurance broker in a move that will significantly increase the company’s presence in Asia.
Liberty pulls IPO due to "volatile" markets
Liberty Mutual has announced that it is postponing the initial public offering of stock in Liberty Mutual Agency Corporation.
Top 100 Insurers 2010: Navigating choppy waters
This year's top 100 rankings show the major players dropping anchor in stormy seas, while smaller groups make waves of their own with significant jumps in GWP. Jonathan Swift examines the statistics.
Post powerlist 2010: The influential crowd
Over the past 12 months the UK insurance industry has faced the global recession head on, taken the change of government in its stride and has shown that it is ready to face oncoming regulation in the form of Solvency II. Below we name the major players…
Canopius appoints Rolfe
Privately owned Lloyd's operation Canopius Group has confirmed the appointment of former UK General chief executive Tim Rolfe.
Canopius confirms Tim Rolfe appointment
Former UK General chief executive Tim Rolfe has taken up a senior role at privately owned Lloyd’s group Canopius, Post has learnt.
Catlin CFO joins Chaucer
Chaucer Holdings has appointed by Chris Stooke as a non-executive director from 28 September 2010.
Lloyd's results show first half year profit halved to £628m
Lloyd’s this morning reported that its half year profit before tax had fallen significantly to £628m (June 2009 £1.32 bn) in 2010.
Law Society launches PI support scheme
The Law Society has unveiled a new facility to help law firms which are struggling to renew their professional indemnity insurance.