Lloyd’s/London
Punching above his weight
After turning his back on a fledgling career in boxing, Roshan Choolhun has won a different type of title that he is equally proud of - the British Insurance Brokers' Association Young Broker of the Year. Ringside, Tanya Powley reports
Max Re Capital Q3 earnings expected to be hit by hedge fund losses
Max Re Capital has announced that third quarter 2006 earnings are expected to be impacted by an estimated $35m reduction in net gains stemming from trading losses in certain hedge fund investments.
Alex Forbes hires from Marsh to launch new practice
Alexander Forbes International Risk Services has launched a private equity and corporate acquisitions practice to provide insurance and risk transfer services to businesses undertaking corporate and M&A activity.
London market launches electronic claims processing
The London insurance market has taken a significant step toward reforming its claims processes by making a electronic claims file repository available to all Lloyd's managing agents and brokers.
Jardine Lloyd Thompson agrees sale
Jardine Lloyd Thompson has agreed to sell its US-based businesses to Alliant Insurance Services for ...
Kiln: Lloyd's has value over Bermuda
London Market News
Lloyd's underwriters to drive fancy-dress across France in charity race
Wellington Underwriting has announced the launch of the inaugural ‘Cars2Carcassonne’, a fund raising initiative for local east London charity, Toynbee Hall.
TSR downgrades 2006 hurricane activity predictions
Tropical Storm Risk has decreased its forecast of hurricane activity in the Atlantic for 2006.
Chaucer enjoys growth in first half
Chaucer Holdings has announced that its gross written premiums in the first half of 2006 has increased by 26% to £331.8m, with net earned premiums increasing by 29.3% to £198.4m.
Lloyd's looks to recruit more graduates
The Lloyd’s Market Association has launched a web based graduate recruitment portal in an initiative to attract more applications in to the Lloyd’s market from the graduate community. Thirteen managing agents and five Lloyd’s Brokers are taking part in…
IFS joins up with Insead to host Risk Masterclass
The Institute of Financial Services School of Finance will be hosting its next Risk Management maste...
Syndicate opens ahead of schedule
QBE's new aviation syndicate, Emilio Di Silvio Syndicate 5555, opened for business on Tuesday, one m...
QBE's new aviation syndicate opens for business
QBE's new aviation syndicate, Emilio Di Silvio Syndicate 5555, opened for business from today, one month ahead of the previously announced schedule.
Events
12 September - Stress at Work Summit, The Law Society's Hall, London, www.symposium-events.co.uk - ...
LMA reveals wordings goal
The Lloyd's Market Association launched its own wordings repository this week, claiming half the mar...
Events
12 September - Stress at Work Summit, The Law Society's Hall, London, www.symposium-events.co.uk - ...
Alex Forbes: VCs forced UK broking arm sell-off
Alexander Forbes had no option but to sell its entire UK broking business, after private equity bidd...
Syndicate 3334 launch
One of the smallest Lloyd's syndicates has been launched with a £7m capacity and what it claims is t...
Lloyd's merger talks scorned
The news that Lloyd's insurers Equity and Canopius have backed a new joint-venture aimed at the smal...
New Lloyd's syndicate launched
Sportscover has launched Syndicate 3334 at Lloyd's, which it claims is the first such syndicate to specialise in amateur sports.
New SME underwriter set up by ex-NIG's Charles Earle
A new commercial lines insurer is to be launched and led by Charles Earle, the former managing director of NIG Commercial Lines, subject to regulatory approval.
Appointment at FMW
FMW has appointed Sean Maynard account handler of its logistics and transportation team. Mr Maynard ...
Events
12 September Stress at Work Summit The Law Society's Hall, London www.symposium-events.co.uk 15 ...
ILV results expected to be hit
Many of Lloyd's' stock market listed insurers could see a fall in their first-half performance from ...