Lloyd’s/London
London Market launches online platform as part of modernisation agenda
The London Market Group has launched an online portal which will enable brokers and service companies to submit premiums electronically.
Chaucer expands Singapore treaty team
Lloyd's specialist insurance group Chaucer has appointed former Swiss Re manager Ong Chee Koon as class underwriter to join its Asia treaty team in Singapore.
IUA: Single market access is key Brexit concern
The London insurance market must maintain access to the single market following Brexit negotiations, the International Underwriting Association has warned.
London Market must ‘adapt and evolve,’ says Probitas senior underwriter
The London Market is afraid and reluctant to change, says Probitas senior underwriter James Andlaw.
Brokers must offer more Shariah compliant products, says IIAL
The Islamic Insurance Association of London has called for brokers to better meet their Muslim clients’ needs by offering Shariah compliant products.
London Market welcomes proposed ILS reform
The London Market has welcomed the publication by the government of draft regulations for Insurance-Linked Securities for consultation.
Lloyd's and Iran in trading talks
Lloyd’s of London has begun talks with Iran’s insurance industry on the potential of underwriting business in the Middle Eastern country.
MAP staffer named 'underwriter of the year'
Richard Trubshaw, a property underwriter at Managing Agency Partners, has been named London’s leading underwriter based on broker nominations, according to a new report.
Neon exits punishing Italian medical malpractice account
Neon has exited its unprofitable Italian medical malpractice account.
AIG's Anthony Baldwin on bringing women into the boardroom
“If not me, who? If not now, when?” This is the question actor Emma Watson posed as she addressed the United Nations in 2014 on behalf of a campaign that she is fronting known as He For She.
Beazley refocuses portfolio after GWP fall in standard lines
Beazley has seen flat gross written premiums even as it sees declining income from its core lines of marine, property and political risk.
Hiscox to ‘shrink’ London Market business in response to rate pressure
Hiscox is “actively reducing” its aviation, marine and energy business in the London Market, in response to severe rate pressure.
Lloyd's to open Indian reinsurance branch in 2017
India's Insurance Regulatory and Development Authority has approved Lloyd's application for a reinsurance service in India.
LMG adds three new lines to PPL
Three new lines of business will launch on the London Market electronic placing platform PPL on Monday.
London market costs 'unsustainable' says Argo CEO
The cost of doing business in the London Market is unsustainable, says Argo Group CEO Mark Watson.
Markel enters marine PI market with Galleon deal
Markel International has acquired specialist marine MGA Galleon for an undisclosed sum.
Blenheim brings together former Cathedral team
Blenheim syndicate has confirmed new appointments in its property treaty and direct and facultative property teams.
The secret battle at Lloyd's: Forgetting your Names
The capital provided by Names at Lloyd’s has fallen from 100% to just 10% – are we seeing the end of a long tradition?
Nephila Capital and Blenheim strike capital deal
Nephila Capital and Blenheim Syndicate have entered into a capital relationship.
Hiscox offers $1bn fine art consortium
Hiscox has launched a new $1bn fine art consortium to better handle placing large risks within Lloyd’s.
Blenheim Syndicate launches with capacity of £150m
Blenheim Syndicate has been granted permission by Lloyd’s to launch, with a capacity of £150m for year one.
Cobalt gets Lloyd's go ahead on Shariah compliant syndicate
Cobalt is to launch Lloyd’s first fully Shariah compliant syndicate, having received 'in principle' approval from the Lloyd's Franchise Board.
Hard Brexit puts £7.3bn of London premiums at risk
More than £7.3bn of premium in the London market will be potentially affected by a change to passporting arrangements following Brexit.
Besso in talks over possible sale
Investor BP Marsh is in talks with “various interested parties” over the sale of Lloyd’s broker Besso.