Lloyd’s/London
Amlin: earthquake may exhaust inward cat excess of loss exposures
Lloyd's insurer Amlin has issued estimates for the impact of the Chilean earthquake and windstorm Xynthia, both of which occurred over the weekend of 27th /28th February.
SCM Insurance Services set to purchase Axis Adjusters Europe
Canadian firm SCM Insurance Services has agreed a deal to purchase Axis Adjusters Europe in a bid to help it service its continental clients.
Fitch revises negative view of UK general insurance market
Fitch Ratings has revised its rating outlook on the UK non-life sector to stable from negative.
Airmic: members will have to take Solvency II pain for little gain
The Solvency II reforms as currently proposed would reduce the amount of insurance capacity available to UK businesses and put up the cost of cover, the Association of Insurance and Risk Managers has warned.
Kiln invests in new software system
Kiln has completed a project to extract data from its system to produce Lloyd's performance management data reports more quickly following a deal with insurance software specialist Sequel.
Pexton named as new Omega CEO
Omega has named former chief executive of Heritage Underwriting Agency Richard Pexton as its new CEO. Mr Pexton, who also joins the Omega board, replaces Richard Tolliday (pictured).
Miller looks to Markel to boost Singapore team
Miller Insurance Services has announced that Paul Cheng has joined its office in Singapore.
Aviation losses: accounting issues
The accounting issues surrounding lost profits, following the loss of a passenger plane, are complex and require detailed knowledge of the airline industry. Frédérique Hardy provides a guide to quantification.
London market: offshore wind of change
Offshore wind energy is going to be big business — and so too the opportunities for insurers. But not all of it will be plain sailing for underwriters, explains Matthew Yau.
Lloyd's: Claims transformation programme - The need for speed
With the Lloyd's claim's transformation programme pilot underway, Tim Willcock plots the key stages in the plan to improve claims processes for managing agents.
Lloyd's /London market: Thoroughly modern
With London still perceived as an expensive place to conduct business, Daniel Dunkley reports on the London Market Group's ambitious plans for modernisation.
Plum reveals parallel strategy for growth
Plum Underwriting plans to double new business and grow its agency base in 2010.
SBJ boss hails Lonmar intent after rebrand
SBJ Global Risks has rebranded as Lonmar Global Risks in a move to clearly align itself with the London and international specialist insurance market.
London loses insurance crown to Hong Kong
A report placing Hong Kong above London as the world's leading insurance centre has caused consternation among Lloyd's and London market underwriters.
Lloyd's box plan on hold as Towergate 'changes tack'
Towergate's plan to set up an underwriting box in Lloyd's in early 2010 has been put on ice following a "change of tack" regarding the development of its underwriting strategy.
Chaucer appoints head of production
Chaucer Holdings has appointed Andrew Voke to the newly created role of head of production for Syndicate 1084 with immediate effect.
Aegis London outlines plans for Prague
The group will be holding its third annual European Energy Conference at the Inter Continental Praha hotel in Prague from the 14-15 April, 2010.
Jelf unveils new non exec
Jelf has appointed Jonathan Kelly as a non-executive director. Mr Kelly has previously worked with Catlin and SBJ.
Hiscox faces £100m Cat losses
Hiscox has estimated that it faces £100m worth of claims as a result of the Chilean earthquake and the European windstorm Xynthia.
Crawford names Lloyd's market boss
Crawford & Company UK has appointed Richard Day as vice president, Lloyd's and London market.
Bermuda: M&A warning
Reinsurers and insurers must be careful when choosing partners for mergers and acquisitions a panel of executives at the World Insurance Forum in Bermuda have warned..
Cooper Gay: Chilean earthquake most expensive in Latin American history
The recent earthquake in Chile could be the most expensive insured event in Latin American history, Cooper Gay has claimed.
Marsh looks to Scottish law firm for real estate head
Candice Sammeroff who has 10 years' experience in the legal sector, joins Marsh from MacRoberts Solicitors in Glasgow.
SBJ Global Risks completes re-branding
Formerly trading as SBJ Global Risks, Lonmar Global Risks was launched yesterday as a new independent broking organisation operating globally from its London Base.