Lloyd’s/London
Postscript - 30 years ago: Women wait on Lloyd's for first time
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight form 30 years ago reveals.
Editor's comment: In search of a CEO
The news that Travelers chief operating officer Tony Dilley has left the UK business this week raised questions again about how the hunt is going for a successor to Martin Hudson, the business' CEO who departed in October 2009.
COO follows CEO out of Travelers UK
Travelers remained tight-lipped this week on the future of its UK management after it was hit by a second senior departure in less than a year when Tony Dilley stepped down as chief operating officer.
CEA concerned over EC insurance insolvency guarantee scheme
The CEA, the European insurance and reinsurance federation, has thrown its support behind the objective of protecting insurance policyholders and beneficiaries that underlies the package of measures the European Commission published yesterday.
Brit raids RSA to ramp up liability team
Brit Insurance has appointed Tom Taylor as liability portfolio management underwriter.
ECIC assigned AM Best rating
The Electrical Contractors’ Insurance Company - a division of EC Insurance - has been assigned a financial strength rating of A- (excellent) by AM Best.
RBSI looks to rationalise structure ahead of sale
Royal Bank of Scotland is seeking a corporate adviser to help restructure its insurance business ahead of a sale or IPO.
Aon in $4.9bn swoop for outsourcing firm
Aon has agreed a deal to acquire HR consulting and outsourcing company Hewitt Associates for $4.9bn, consisting of 50% cash and 50% Aon stock.
DWF grows insurance team
Peter Blake, Nick Connolly, James Manning, Dan Verow and Sophie Mourmouris have all joined the London-baed insurance team of DWF.
Lord Levene set to target state banks with new investment vehicle
Lord Levene, chairman of Lloyd’s of London, is to spearhead an acquisition vehicle targeting state controlled bank assets, according to reports.
Law replaces Dilks as PwC insurance boss
PricewaterhouseCoopers has appointed David Law as its new global insurance leader.
Prime Professions operating profit up fourfold
Prime Professions has announced its financial results for the year ended 31 March 2010.
British Insurance Awards 2010 - all the winners
Allianz was crowned general insurer of the year last night at the annual British Insurance Awards.
Brokers more positive on Lloyd's than two years ago
Brokers are now significantly more positive about conducting business at Lloyd’s than two years ago.
Underwriting - Delegated authority: Two-way communication
Jon Francis examines the issues for brokers using a delegated underwriting authority model, as scrutiny of its use increases.
Policyfast enters Lloyd’s after acquisition of SP
Wholesale broker Policyfast has entered Lloyd’s after being granted coverholder status and acquiring an underwriting team from Stevenson Price.
Chaucer agrees Norwegian deal
Chaucer has formed a new energy partnership with Scand Ins - the Scandinavian Insurance Management Company.
Garwyn appoints Durham manager
Garwyn has promoted Iain Milne to the position of branch manager for Durham, supporting claims investigations in the North East of the UK.
Penny Black's insurance week
Last week, Post reported how the Association of British Insurers' director of general insurance and health, Nick Starling, attended a conference for fire and rescue specialists in Harrogate.
Postscript - 10 years ago: Calls for 'safe harbour'
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Claims - Real estate: Estate of play
With real estate investment going global, Graham Smart examines the insurance industry's approach to protecting the assets involved.
M&A - Insurance business transfers: Back in fashion?
With a number of restructurings set to happen, Bruno Geiringer asks whether insurance business transfers could be ready for a resurgence.
Confidence returning to insurance sector
Lloyds TSB Corporate Markets is poised to announce further credit facilities with insurers, after arranging a multi-million refinancing agreement as part of a consortium for Hiscox.
Lloyd's credit rating affirmed by AM Best
AM Best has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s of London and Lloyd’s Reinsurance Company (China).