Lloyd’s/London
McGurk to head MSIG Glasgow branch
Mitsui Sumitomo Insurance Group at Lloyd's has appointed Magnus McGurk as manager of its Glasgow branch.
CFC recruits first contingency practice lead
London underwriting agency CFC has named its first contingency practice leader to spearhead its expansion into the market.
AIG teams with Ascot for Bermuda reinsurance launch
AIG has partnered with Lloyd’s insurer Ascot to unveil a new Bermuda-based reinsurance platform.
Post Blog: Insurance professionals who have stood for parliament
With the news that insurance entrepreneur Arron Banks is moving from Go Skippy to Go Ukippy, I decided to look at how other prospective election candidates from the insurance sector have fared over the last two elections.
UK firms warned over capitalising on Russian insurers’ exit from Ukraine
Conflict in the region tipped to push Ukrainian business westward
Q&A - Aviation: Turbulent times
In an unprecedented year of aerospace disasters, Post asks the experts how they expect recent tragedies to impact the aviation sector’s insurance policy renewals
Global Aerospace director appointed IIL president
Global Aerospace director Stephen Riley has been appointed president of the Insurance Institute of London for 2014/15.
Hull market records 18th annual loss as marine premiums fell 1.7%
Global marine premiums fell by 1.7% last year, dropping from $34.8bn (£21.3bn) in 2012 to $34.2bn according to the latest statistics released by the International Union of Marine Insurance at its 2014 annual conference in Hong Kong.
C-Suite – Broker: Finding our digital feet
It always surprises me that in this modern age of tablets, smartphones and instant data, the full force and considerable benefits of the technological age still hasn’t hit Lloyd’s of London.
Top 100 UK Insurers: Interview: Jacqueline McNamee: A people person
AIG’s UK managing director Jacqueline McNamee is focusing on staff engagement to deliver the big ideas that will ensure the company’s continued success
LMA targeting under-30s with committee representation
The Lloyd’s Market Association is to bolster representation for young professionals with representation for under-30s on the LMA market and technical committees.
Insurers need to have clear policies over sanctions says IUMI
The International Union of Marine Insurance has called for insurers and reinsurers to have clear policies with regards sanctions.
Hiscox adds two to London market personal accident team
Hiscox has expanded its London market personal accident team with the hire of a team leader and senior underwriter.
P&I Clubs face 5% premium increase, claims report
Lloyd's broker Tysers is estimating a 5% premium increase for P&I Clubs after a benign 2013/14.
MSIG notches ‘best ever’ underwriting result for 2013
Mitsui Sumitomo’s Lloyd’s operation has reported record underwriting profits for the year ending 31 December 2013.
Satellites: Space is the place
With an increased reliance on satellite technology, how can insurers mitigate against the major risks inherent in the rise of global communication networks?
Comment: Audit scope: New scope for coverholder audits
New requirements will need to be met after changes to coverholder audits were announced at the Lloyd’s Coverholder Auditors conference. Alec MacMillan, senior auditor at Triton Audit, explains what changes are in store for the sector
Hiscox appoints Krefta to Syndicate 33
Hiscox Re chief underwriting officer Michael Krefta has been appointed joint active underwriter for Syndicate 33 and active underwriter for Syndicate 6104.
Prosight grows footprint with string of hires
Prosight Specialty Underwriters has established an accident and health team in the London market and appointed Roger Perry as lead underwriter.
Sportscover enters strategic talks with Hamilton Insurance Group
Lloyd's insurer Sportscover and Bermuda-based property and casualty insurer Hamilton Insurance Group have entered into exclusive talks around the future control of Sportscover Underwriting.
Canopius expands US presence
Canopius Group has expanded its US presence with the launch of Canopius Underwriting Agency.
Concordia-style ship groundings top industrial cover losses
Ship groundings like that of the Costa Concordia represent the largest total value of insured loss over the last four years, according to figures from Allianz Global Corporate & Specialty.
Aon unveils syndicate-backed professional indemnity facility
Aon has launched a new professional indemnity product with the backing of Lloyd’s syndicates including Novae and Argo.
Pioneer poaches Travelers FI boss for new product launch
Minova-owned managing general agent Pioneer Underwriting has recruited Travelers’ product manager for financial institutions as it seeks to launch its own FI range.