Lloyd’s/London
Lloyd's insurer to raise £72.8m
Lloyd's insurer Kiln this morning announced a rights issue to raise £72.8m. At least £40m of the net proceeds will be used to acquire capacity on Syndicate 510.
ARC formalises changes to its set-up
The Association of Run-Off Companies (ARC) has held its first annual general meeting as a limited co...
Can London embrace technology?
Traditionally, the word 'technology' has been met with a somewhat suspicious and cursory response by the London market, mentioned and almost dismissed as something that is fine to talk about, but not to act on. However, things may now finally be changing…
LMA restructure leads to marine team merger
London Market News
Appointment at Keefe, Bruyette and Woods
US-based investment bank Keefe, Bruyette and Woods has made two appointments to its European researc...
Events
1 November Insurance Institute of London Lunchtime Lectures - Transparency Lloyd's Old Library, L...
Appointment at Canopius
Canopius Managing Agents, the specialist Lloyd's underwriter, has expanded its property insurance ca...
Former Marsh boss tipped to head start up
Jeffrey Greenberg, former chairman and chief executive of Marsh & McLennan, to set to launch a new insurance venture in Bermuda with capital from a private-equity firm he and partners are establishing.
Aviva to sponser world record breaking attempt
Aviva, the parent of Norwich Union, is to sponsor Dee Caffari in ‘The Aviva Challenge’. Her bid is to sail solo, non-stop around the world and if she succeeds, Ms Caffari will become the first woman to achieve this feat, setting a new world record.
Departure leaves Lloyd's shaken but not stirred
The news that Lloyd's chief executive officer Nick Prettejohn is to leave has already sparked a deba...
Events
19-20 October FM Global Client Seminar - Managing Projects to Minimise Risk Dublin, Ireland E-mai...
Broker Abacans recruits in company expansion move
Abacans Limited, part of commercial broking group Vega Insurance Services, has announced the promotion of David Martland to director, together with a number of new appointments.
Lloyd's: Savage to become "acting CEO"
In a statement Lloyd's chairman Peter Levene said: "Following on from the announcement made today by Prudential plc, I am writing to let you know the arrangements which will be put in place from 1 January 2006 when Nick Prettejohn takes up his new post…
Association of Run-Off Companies holds first AGM
The Association of Run-Off Companies has held its first annual general meeting as a limited company,...
Spitzer fallout sees UK brokers cash in
UK brokers could benefit from the fallout of New York Attorney General Eliot Spitzer's inquiries in...
Run off association announces new structure and board
The Association of Run-Off Companies has held its first AGM as a limited company, following which various changes to its board were announced.
Want to use a Prince's Trust supported business?
The insurance industry, through the Insurance Leadership Group is rallying behind the Prince's Trust which raises funds and provides support for disadvanted young people via practical support including training, mentoring and financial assistance. By…
Canopious makes US property pledge
Canopius Managing Agents the Lloyd’s underwriter said it plans to expand its property book following the recruitment of a leading commercial property underwriting team.
Events
6 October Cover Protection Forum The Brewery, Chiswell Street, London Tel: 020 7968 4537 E-mail:...
Willis fights embezzlement charge
Broker Willis yesterday was due to begin its defence in a High Court trial against allegations that ...
Lloyd's broker to acquire PI book
Lloyd's broker LPH Pitman could be set to offload part of its business to a London Market start-up, ...
Kinnect bosses quit
Lloyd's has confirmed the resignations of Toby Davies and Iain Saville as chief executive and execut...
Lloyd's reforms menace market
Regulations handed down by Lloyd's corporation to its members could be a bigger threat to business t...
Events
2-5 October Federation of European Risk Management Association's risk management forum Lisbon Cong...