Lloyd’s/London
Aubert to head up London Market Group
Willis Towers Watson’s boss in Great Britain Nicolas Aubert will succeed Steve Hearn, CEO of Cooper Gay Swett & Crawford, as London Market Group’s chair.
Asta appoints new CRO and CIO
Asta has named Clare Barley and Matthew Lane as its new chief risk officer and chief information officer, respectively.
Lloyd's aims to bring market together with enhanced Sydney office
Lloyd's has officially opened an office in Sydney designed to bring its market syndicates and participants together.
Former Pool Re chairman Tony Latham takes on NED role at Argo
Tony Latham will serve as Argo Managing Agency’s new non-executive director, with the former Pool Re chairman taking up the board role from 27 April.
AmTrust to acquire ANV for $218.7m
AmTrust has announced it will buy ANV Holdings for $218.7m (£151m) in what it describes as a “transformative transaction” for the company.
Lloyd’s still to shake ‘men in grey suits’ image
Less than half of companies in Lloyd’s have women on their boards, according to a survey on diversity.
British Insurance Awards: The 2016 shortlist
Have you made the cut as a potential headliner? Well the wait is over - as today we reveal those companies that made it onto the British Insurance Awards 2016 shortlist.
London market insurers will struggle with investment returns in 2016
Investment income will remain a sticking point for London market insurers as reserves are hit by low rates in popular short-term investments, according to a report by Fitch Ratings.
RSG launches cyber facility with £20m Lloyd's backing
Chicago-based RSG Underwriting Managers has launched a £20m cyber risk facility based in London.
Willis warns others as it settles JLT fine arts and specie team defection for £22m
International broker Willis Towers Watson today reaffirmed it is “committed to protecting its business” and “will always seek legal redress where appropriate”.
Oil price shocks could drive insurers out of energy sector
Cost-cutting in the energy market as oil prices fall could see insurers consider exiting the sector, according to Willis Towers Watson’s annual energy market review.
Brokers, insurers and Lloyd's carriers see FCA fees reduced
Brokers, insurers and Lloyd’s companies will see their contribution to the Financial Conduct Authority annual funding requirement reduced in 2016/17, according to the proposed fees published today.
Brexit would ‘hurt’ or ‘severely damage’ Lloyd’s
More than two-thirds of market professionals think Brexit would “hurt” or “severely damage” the London market, according to a survey from financial public relations consultancy Haggie Partners.
Gallagher's international bosses praised in wake of Towergate defections
Arthur J Gallagher has attributed the "underperformance" of its UK arm in 2015 to the departure of its former management team in a proxy statement released this week ahead of its annual general meeting on 17 May.
Lloyd's to apply for Mumbai reinsurance branch
Lloyd's has started talks with the Insurance Regulatory and Development Authority about a reinsurance branch license in Mumbai, India.
The Insurance Marketing and PR Awards shortlist is out today
Today Post can reveal the shortlist for the Insurance Marketing and PR awards.
Unicorn says ‘diversifying’ the next step after Berkshire backing
Unicorn Underwriting has confirmed it will not limit itself to UK commercial lines but aims to move into all classes and territories after partnering with Berkshire Hathaway.
Solvency II drives increase in Lloyd's legacy portfolio sales
An increasing number of firms are looking to dispose of their legacy portfolios as Solvency II puts pressure on capital requirements.
Marketform confirms commitment to underwriting lines
Lloyd’s underwriter Marketform has confirmed its commitment to all 11 of its current underwriting lines, following a strategic review of the business.
JLT CEO Dominic Burke and Robert Hiscox back Brexit campaign Vote Leave
JLT group chief executive Dominic Burke (pictured) and Hiscox's former chairman Robert Hiscox have been named among 250 business leaders and entrepreneurs backing the Vote Leave campaign.
Brit-led commercial aviation consortium launches
Brit has launched a Lloyd's consortium for commercial general aviation with capacity also provided by Kiln, Hiscox, Apollo and Pritchard.
Marketform disposes of two books to Beazley
Lloyd's underwriter Marketform has sold its UK open market medical malpractice and UK and international delegated authority insurance businesses to Beazley.
Lowest investment returns since 2001 'biggest reason' for Lloyd’s profit fall
Lloyd’s finance director John Parry said the market’s lowest investment returns in 14 years was the main factor behind its £900m profit plunge in 2015.
Lloyd’s posts £900m profit plunge in 'undeniably tougher' market
Lloyd’s has reported a drop in pre-tax profit to £2.1bn for 2015, from £3bn the previous year.