Lloyd’s/London
Kiln expands Asia footprint with new hire
Kiln has appointed Gu Jin to lead a new venture with Lloyd's Insurance Company (China) in Shanghai.
JLT launches multi-line executive defence insurance product
Lloyd's broker JLT has teamed up with AIG Europe to develop an executive defence product for commercial clients which combines a number of financial lines under one limit while preserving some dedicated protection for personal assets.
Superstorm Sandy to cost Catlin £124m
Catlin estimates that its losses from the storm will be $200m (£124m), net of reinsurance and reinstatements.
QBE wins contempt of court case against PI fraudster
A man who attempted to make a fraudulent personal injury claim against his QBE-insured employer Airbus has been sentenced to six months in prison.
Lloyd's investigation into Utley to conclude next year
The Lloyd's investigation into three former senior figures at Equity Red Star, including Hastings Insurance Group chairman Neil Utley, could conclude around the middle of next year once the Accountancy & Actuarial Discipline Board completes its own…
Hardy raids London market for senior quartet
Lloyd's insurer Hardy has made the first senior appointments following its acquisition by CNA, including a new chief operating officer.
Review of the Year: Lloyd's - Highs and lows
After major losses following 2011's natural catastrophes, the Lloyd's market recovered to post its best results in five years in the first half of 2012 - only for Superstorm Sandy to bring fresh woes in October.
Lloyd's refreshes three-year plan to incorporate Vision 2025
Lloyd's has published an updated version of its three-year plan designed to set the London market on track for its long-term strategy, Vision 2025.
LMA issues Eurozone exit advice
The Lloyd's Market Association and law firm Clyde & Co have issued guidance on the impact on insurance and reinsurance contracts of a Eurozone exit for managing agents.
Beazley announces new property head
Lloyd's insurer Beazley has announced that current head of property Jonathan Gray will step down after 11 years in July next year, to be replaced by Mark Bernacki.
Hiscox unveils travel policy for extreme locations and activities
Specialist insurer Hiscox has launched a new gap year travel policy in response to growing demand.
Rouse joins Lloyd's broker
Stuart Rouse, the former chief financial officer of Towergate Underwriting and Fusion Insurance, has joined Lloyd's broker HW Wood.
Colosso to return to the market at Howden
Former Heath Lambert chief executive Adrian Colosso is returning to the insurance market as non-executive chairman of Howden Broking Group.
R&Q launches first-party Lloyd's syndicate
Scor and XL have backed new £77m capacity Lloyd's syndicate launched by Randall & Quilter that will begin underwriting on 1 January.
Mitsui Sumitomo swoops for Travelers claims head
Mitsui Sumitomo has appointed Travelers Syndicate Management head of claims Simon Catt for its Lloyd's operation.
LMA publishes new nuclear exclusion clauses
The London Market Association has released the first in a series of nuclear and radioactive contamination exclusion clauses.
ABI and Lloyd's welcome government tax cuts
The Association of British Insurers has welcomed the government's plan to reduce corporation tax to 21% in 2014.
APC takes first step into mainland Europe
APC has taken its first step into continental Europe by launching two SME insurance products in the Dutch market through its new platform APC Holland.
Xchanging set for February mobile launch
Xchanging is readying mobile apps to allow customers to make notations and amendments to electronic documents from mobile platforms with a launch earmarked for February.
Boucher joins Kinetic as non-exec chairman
Lloyd's broker Kinetic Insurance Brokers has named Steve Boucher as non-executive chairman with immediate effect.
Ex-Guy Carpenter COO joins Novae board
Novae has appointed former Guy Carpenter chief operating officer Charles Fry as chief financial officer.
Transactor secures Minster Court base
Insurance software house Transactor's London market operation is to move into the London Underwriting Centre from February 2013.
Mitsui Sumitomo appoints class underwriter
Mitsui Sumitomo at Lloyd’s is aiming to grow its marine liability underwriting book following the appointment of Darren Carr as class underwriter.
Skuld bosses to lead new superyacht insurance service
Marine insurer Skuld has formed Skuld\Yacht, a new service dedicated exclusively to the protection and indemnity needs of superyacht owners.