Lloyd’s/London
Beazley anticipates $150m hit from Atlantic hurricanes and Mexico earthquakes
Beazley expects to take a $150m (£112m) hit on earnings as a result of hurricanes Harvey, Irma and Maria as well as the recent earthquakes in Mexico.
Lloyd's suspends H1 profit release to take stock of Harvey and Irma impact
Lloyd's has suspended the release of first-half profits until it can accurately assess the financial impact of Harvey and Irma, the market's chief financial officer has said.
This Week in Post: Deal or no deal?
“You can watch Go Jetters if you let me tie your hair” is the type of deal you sometimes need to strike with your toddler if you want to get things done. Of course, you shouldn’t negotiate with mini-terrorists but there is nothing wrong with a win-win…
More cost cutting for Lloyd’s, says CFO
Lloyd’s of London will remain focused on cutting costs, as the market continues to face pressure from mounting operating costs.
Lloyd’s sees 16% profit slip from ‘challenging’ conditions
Lloyd’s has seen a 16% fall in its pre-tax profits owing to “challenging” market conditions, its CEO said.
Charles Taylor win delegated authority contract from LMG
Charles Taylor InsureTech has been named as the London Market Groups preferred vendor for its delegated authority data project.
Intangible risk cover is the future says Pool Re CEO
The future of insurance cover lies in intangible risks, a conference of claims professionals has heard.
Dive In 2017: Overall company culture needs to be changed to generate diversity at senior level
Businesses need to change their entire culture before achieving diverse executive boards, insurers have said.
Dive in 2017: Diversity and inclusion must be authentic
Small firms needn't fear their lack of resources will make being diverse a challenge but must be authentic, a London market audience has been told.
Dive In 2017: Industry must do more to keep older talent
The insurance industry should be doing more to keep older talent in the workplace, a conference of industry professionals has heard.
Lloyd's names Scor cat modeller as risk aggregation chief
Lloyd’s of London has named Scor’s EMEA catastrophe head, Kirsten Mitchell-Wallace as head of risk aggregation.
Axis unveils £468m Novae acquisition timeline
Axis has announced the timeline for its £468m acquisition of Novae.
Thomas Miller Specialty launches general aviation business
Thomas Miller Specialty has taken aim at the aviation insurance sector with the launch of a general aviation facility.
Dive In 2017: Workplace culture 'needs to change', says insurance sector
Seven out of ten insurance professionals believe their workplace culture needs to change, according to survey findings.
Skuld and Asta launch Agora syndicate 3268
Marine insurer Skuld and third-party managing agent Asta have received in principle approval from Lloyd’s to establish Agora syndicate 3268.
Capsicum's Chris Hardcastle on the capacity struggle facing MGAs
Managing general agents are popping up all over the place but capacity is coming under pressure. Chris Hardcastle, managing director of Capsicum Delegated Authority, asks if there is enough capacity to go round.
Pioneer and Asta to establish Lloyd's syndicate
Pioneer Underwriters and Asta have received “in principle” approval from Lloyd’s to establish a syndicate.
CEO Sian Fisher on why the CII is supporting Insurance United Against Dementia
Today is World Alzheimer’s Day which gives the insurance sector an opportunity to raise awareness about the growing threat of dementia and the challenges it poses to our society.
Analysis: Intellectual property: Creative cover
The significance of intellectual property risks has not translated into a large demand for IP insurance policies - yet
XL Group chooses Dublin as its post-Brexit location
XL Catlin has chosen Dublin as its post-Brexit location for its principal European Union insurance company, XL Insurance Company SE.
Ed appoints Minesh Jani as CEO of MENA and Indian business
Ed Broking has appointed Minesh Jani as CEO of Middle East and North Africa, India and Indian sub-continent.
MGR takes aim at London aviation market
Mapfre Global Risks has entered the London aviation market.
Hiscox estimates Harvey impact at $150m
Hiscox anticipates the impact Hurricane Harvey to produce net claims of $150m (£110.6m).
AIG's Baldwin on how the London Market should view Brexit
As Brexit discussions continue, Anthony Baldwin, CEO of AIG Europe and AIG UK, asks if the London Market should be die-hard Brexiteers, cautious optimists, accepting pragmatists or devastated pessimists.