Lloyd’s/London
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.
C-Suite Insurer: Hiscox's Robert Childs - Good in a crisis
It is in an emergency that the industry’s expertise is needed most. It’s up to London to lead the way
Lloyd's creates country manager role for India
Lloyd's has appointed Shankar Garigparthy as country manager for India.
London is 'open for business' to Brazil says IUA's Matcham
International Underwriting Association CEO Dave Matcham has encouraged Brazilian customers to do business with London after changes to reinsurance regulation in the country have made it easier for clients there to access the London Market.
Dale Underwriting takes Marketform's medical malpractice business
Lloyd's underwriter Marketform has stopped writing international medical malpractice business and transferred its book of business to Dale Underwriting Partners.
Penny Black's Insurance Week - 17 March 2016
Penny is feeling empowered as a women after spending Friday at the Southbank’s Women of the World festival of diversity.
Sompo Canopius hires from Chaucer for Asia head of engineering
Global specialty insurer Sompo Canopius has hired Wah Chuang Ng to become head of engineering for its Asia operations.
Post Digital Insurance Collective Blog: Design thinking, feeling uncomfortable and three centuries of caffeine fuelled innovation
Following last week's Digital Insurance Collective meeting, I promised to put together a blog consisting of my top eight take homes from my discussions and observations. So here are my thoughts, please share your own in the comment box below.
Inga Beale: ‘I started to behave like a man to fit in'
Lloyd's CEO Inga Beale has spoken of the challenges she faced working in the London insurance market in the 1980s at a gender equality festival in London today (11 March).
Sompo Canopius mulling sale of motor business KGM
Sompo Canopius is considering the sale of KGM, its UK motor insurance business.
Novae reports improved 2015 COR and GWP
Novae Group has reported a marginal increase in profit before tax of £54.9m (2014: £52.4m) and an improved combined ratio of 90.8% (2014: 91%) for the year ended 31 December 2015.
Starstone reports 383% jump in 2015 earnings
The Starstone Group has reported a significant increase in full-year net earnings for the year ended 31 December 2015 from $4.3m (£3m) in 2014 to $20.8m in 2015.
New Hiscox MGA to focus on professional indemnity and motor
Hiscox will this year set up a managing general agent in the UK focusing on areas outside its underwriting appetite, including some classes of professional indemnity and motor insurance.
Hiscox reports 6.5% pre-tax profit fall as GWP rises
Hiscox’s pre-tax profit dropped by £14.9m to £216.1m in 2015 as the company reported increased gross written premiums of £1.94bn (2014: £1.75bn).
Lancashire's Maloney to lead subsidiary Cathedral Capital
Lancashire Group CEO Alex Maloney is to take on the CEO role at Lancashire subsidiary Cathedral Capital, the holding company for Cathedral Group.
Editor's Comment: The gloves are off
Mayor of London Boris Johnson’s relationship with London’s corporate sector has featured both highs and lows during his tenure so far.
QBE drawing up ‘Brexit’ contingency plans
QBE Insurance Group is currently drawing up contingency plans in the event of a ‘no’ vote in the forthcoming UK referendum on continued membership of the European Union.
Continuing soft rating environment reflected in London market results
Full-year results released by London market players to date are reflective of the continuing soft rating environment and companies' reserve releasing strategies, according to analysts. In addition, questions have been raised over whether inflated company…
US sanctions strong disincentive for Iranian cover despite lifting of EU restrictions
Banks' reluctance to process payments is a major barrier for insurers wanting to conduct Iran-related business following European Union sanctions relief last month, while legal research has found remaining US primary sanctions are quelling the appetite…
London market at odds with Mayor Boris over EU vote
Key bodies in the London market have sought to emphasise that ‘Brexit' from the European Union could see the capital lose international business, in the wake of London Mayor and Conservative MP Boris Johnson's decision to support the ‘leave' camp in the…