Lloyd’s/London
Conduct is most concerning emerging risk for London market internal auditors
FCA perceived as being more focused on London market than its predecessor
Career development: Chaucer retains graduate employer gong
For the second year in succession, specialist Lloyd’s insurer Chaucer has been named the top company for graduates to work for in accountancy and insurance by UK graduate job review site The Job Crowd.
Hiscox predicts £1bn capacity for Syndicate 33
Hiscox is expecting £1bn capacity for Syndicate 33 in 2015, according to its initial business forecast.
Helios grows underwriting capacity with Dumasco buy
Helios Underwriting has acquired Lloyd's limited liability member Dumasco for £2.5m.
RFIB recruits Howden’s Dyke for non-marine international ops role
Lloyd’s broker RFIB has swooped for Howden’s head of operations Richard Dyke to take on a role as non-marine international division operations manager.
Amlin increases stake in Leadenhall Capital Partners
Amlin has reached a non-binding agreement to increase its stake in investment manager Leadenhall Capital Partners.
Compass recruits from Cobra for London broking director
Gallagher-owned network Compass Broker Services swooped for a new broking director, recruiting from Cobra London Markets.
Market warns broadened terrorism coverage could impact reinsurers
Major changes to coverage offered at renewal include extended hours clauses
C-Suite - Broker: Where next for broker consolidation?
Despite a considerable amount of consolidation over the past year, we still have a very fragmented broker market, with around 3300 brokers operating in the UK.
Sirius launches Lloyd’s managing agency
Sirius International Insurance Corporation has obtained approval to run its Lloyd’s Syndicate 1945 through its own managing agency effective 1st July.
Sportscover and Haverford end sale talks
Acquisition talks between Sportscover and financial services company Haverford have ended with both parties expressing disappointment no deal was agreed.
QIC completes Antares buy
Qatar Insurance Company has completed its acquisition of Lloyd’s insurer and reinsurer Antares, including regulatory approvals.
Lloyd’s chief executive Inga Beale takes aim at market inefficiencies
Beale urges market to make progress in developing and retaining talent
Isis Iraq insurgency set to push rates up amid fears unrest could spread
Extremist group’s actions have led to evacuation enquiries from oil and gas firms
Lloyd's backed underwriting agency opens in New Zealand
Delta Insurance has launched in New Zealand to try and capitalise on increased market consolidation.
Argo looks to Xchanging for claims role
Argo International has appointed Rashpal Rooprai as senior liability claims adjustor.
Quindell urged to recruit insurance veterans following LSE listing failure
Analysts question firm’s lack of foresight after highly unusual listing refusal
Cyber fear outweighs board level ownership
Only 14% of medium to large-sized companies have an insurance policy in place against cyber risk, according to a poll by Marsh, despite more than half (56%) of those surveyed placing it in the top five risks faced by their firm.
Quindell blocked from premium listing move
Quindell will not be allowed to move to the London Stock Exchange’s main market, it has emerged, as a result of its rapid expansion.
Lloyd’s upgraded to ‘AA-‘ by Fitch
Lloyd’s has been handed an improved insurer financial strength rating by Fitch, moving from “A+” to “AA-“.
Beazley looks to Amlin for double hire
Beazley has expanded its UK homeowners insurance team with the appointment of two underwriters.
Catlin receives Lloyd's license from Dubai
Specialist insurer and reinsurer Catlin has established a presence in the Middle East through an office in Dubai.
Prosight bolsters underwriting team with multiple hires
Prosight Specialty Underwriters has appointed David Dunning as chief financial officer alongside a number of appointments in its underwriting team.
FCA sharpens focus on wholesale market
Financial Conduct Authority chief executive Martin Wheatley today emphasised the regulator's shift in focus to the commercial insurance market.