Lloyd’s/London
Biba Countdown 2010: the London Market View
With this year's Biba conference being held in the capital, Post thought it appropriate to ask a number of companies traditionally more associated with the London market why they are exhibiting and what they hope to get out of the event. This week we…
Giles poised to acquire Cooper Gay division
Giles Insurance Brokers is set to acquire Cooper Gay's UK wholesale broking division, FSJ Broking.
Former Mitsui CEO Guest returns with mutual exec role
The Higher Education mutual UMAL has appointed the former CEO of Mitsui Sumitomo London, Allan Guest, as a non-executive director.
FSA "smashes" fine record by 21% claims law firm
The FSA "smashed" last year’s record fines by 21% this year (to March 31) as it handed down £33.1m in fines, City law firm Reynolds Porter Chamberlain LLP said today.
Omega puts Chilean quake loss at $23m
Omega Insurance Holdings today announced that it has completed its initial estimate of losses arising from recent major catastrophe events - the Chilean earthquake and European windstorm Xynthia.
HSBC to be operate as MBL as Marsh completes broker deal
Marsh today completed its previously agreed acquisition of HSBC Insurance Brokers, a wholly owned subsidiary of HSBC Bank, in the UK and other key markets in Asia and the Middle East.
Hurst-Bannister: Costs key to London’s competitiveness
London Market Group chairman Barnabas Hurst-Bannister has called on the London insurance market to reduce process costs to maintain its position at the centre of the industry.
Giles to make first Lloyd's acquisition
Giles Insurance Brokers is in negotiations with Cooper Gay to acquire its FSJ business unit, Post has learnt.
Incoming CILA president Homewood joins MYI board
Niche commercial loss adjuster MYI has continued its strategy of aggressive recruitment by announcing the expansion of its UK executive board with the appointment of Andrew Homewood as an executive director.
Former QBE CEO steps down as chairman
At a board meeting of QBE yesterday chairman John Cloney announced his retirement effective 4 July 2010.
Beazley offers online event insurance
Beazley has launched an online system designed to provide cost effective access to event cancellation and liability insurance.
EMB warns Lloyd's about taking its "eye off the ball"
Even after record aggregate profits announced by Lloyd’s for 2009, some market segments cannot afford to take their eye off the ball according to EMB, the actuarial and business consultancy.
RFIB appoints new operations director
RFIB Group the international Lloyd’s insurance and reinsurance broker, has announced the appointment of Dominic Hagger as operations director.
Carroll set to depart Canopius
Canopius Managing Agents underwriting director Tim Carroll is set to leave the company less than 18 months into the role.
20 years ago: Crisis as Wallbrook is suspended
The London insurance market is facing a new crisis following the secretary of state for trade and industry Nicholas Ridley's decision to bar Wallbrook Insurance from underwriting new business, notably US excess liability risks, due to insufficient…
Miller
Miller has appointed Neil Higgins as a global facultative reinsurance specialist.
NIG
NIG has appointed seven area underwriting managers.
Liberty
Liberty International Underwriters Europe, a division of Liberty Mutual Group, is expanding its regional operations into Birmingham with the appointment of Dave Canning as regional senior underwriter.
Sidley Austin
Martin Membery and Matthew Griffith will be joining Sidley Austin as part of the continuing expansion of the firm's London insurance practice.
Chaucer
Chaucer Holdings has appointed Andrew Voke to the newly created role of head of production for Syndicate 1084.
E-Business 2010 - Roundtable: Reinforcing the brand
With more consumers looking to buy insurance online, Post hosted a roundtable to discover how technology can also be used to reinforce brands and instil client loyalty. Jonathan Swift reports.
Chubb bolsters broker ties with two hires
Chubb Insurance has created two new London-based roles in order to strengthen ties with its broker partners.
AJG boss hails underwriting potential after First City buy
OIM Underwriting will distribute its products through SME specialist Circadian as part of Arthur J Gallagher's acquisition of London broker First City.
Lloyd's FD: Solvency II no bar to new entrants
Lloyd's has stressed that it has no plans to batten down the hatches and stop admitting new members as the deadline for Solvency II approaches.