Lloyd’s/London
Carrriers exposed to risk by accounting and reporting systems
Carriers are exposed to risk by creaky accounting and reporting systems, according to an IT expert.
The big savings in technology
Market Reform
Markel confirms commitment to electronic trading
Markel International has confirmed its commitment to the electronic claims file initiative. The ann...
Xchanging to offer Acord messaging to all insurers
Underwriters can now receive internationally recognised electronic messages rather than London specific ones.
Markel confirms commitment to electronic trading
Yesterday, at a market briefing attended by 230 market representatives, Markel International, in affiliation with the International Underwriting Assocaition, confirmed its commitment to the electronic claims file initiative.
Appointment at Liberty
Liberty International Underwriters has appointed John McCammon to manage its European claims operati...
MRG: the end of paper processing is nigh
The Market Reform Group today published details of the arrangements which will see the end of paper processing for accounting and settlement submissions
Arig 07 profit falls on Gonu hit
Arig has announced net profits of $23.7m for 2007, down from $30.4m 2006. The results included a net impact of $9.2m from Cyclone Gonu in June 2007.
Whittington appoints agency operations director
Luke Barnett has been appointed agency operations director of Whittington’s Lloyd’s managing agency.
Lloyd's' election results
Lord Levene has been re-appointed as Lloyd's chairman by its council and franchise board. Chaucer ch...
Chaucer buys 15% stake
Chaucer has agreed to purchase Quanta's 15% shareholding in Pembroke JV for a consideration of £1. P...
Appointment at Pricewaterhouse Coopers
Pricewaterhouse Coopers has appointed Andrew Kail as the new head of its UK insurance group. Mr Kail...
Lloyd's insurer in £1 acquisition
Lloyd's insurer Chaucer has agreed to purchase Quanta's 15% shareholding in Pembroke JV for a consideration of £1.
IUMI: marine sector awash with high-cost claims
Marine underwriters are facing a tide of high-cost claims, creating the most damaging situation in r...
Lloyd’s and LMA to drive Claims Change Programme
Lloyd’s has today set out plans to accelerate the pace of change in the market’s claims performance.
Reinsurance qualifications
Re-sume
Canopius to launch new unit in Ireland
Lloyd's managing agency Canopius intends to establish a business unit in Dublin - Canopius Ireland. ...
Asbestos hits Everest 4Q but analysts happy
Bermudian reinsurer, Everest Re saw its fourth quarter combined ratio battered as it felt the effect of its recent bolstering of asbestos-related reserves, but market analysts reacted favourably to the clean-up operation.
Penny Black's insurance week
Insurance brokers often appear to believe that they are the proverbial kings of the castle. Well, it...
MRG reveals 2007 progress and 2008 targets
The London market has made significant progress in meeting its goal of reforming business processes during 2007 the Market Reform Group announced today.
London market insurer appoints new claims head
Liberty International Underwriters, the subsidiary of Liberty Mutual Group, has appointed John McCammon to manage its European claims operations. As head of claims, McCammon will be responsible for claims across all product lines.
Canopius expands interests into Ireland
Canopius has extended its brand reach by launching a new unit in Ireland. The company has already o...
PwC insurance head
Pricewaterhouse Coopers has named Andrew Kail as its new UK insurance leader. Mr Kail will take up t...
Ri3k heralds Aon e-trading
Aon's increased use of electronic trading may be a catalyst for wider adoption of the technology in ...