Lloyd’s/London
Helios grows capacity with two acquisitions
Helios Underwriting has acquired Lloyd's limited liability members Nameco and Kempton Underwriting for an aggregate price of £2.4m.
Aon broking arms sees profits crash by a third to £178m in Q2 2015
Aon Risk Solutions has seen its profits drop by a third in the second quarter of 2015 to $279m (£178m)(Q2 2014: $417m) according to its latest results published today.
Lloyd's to boost Malaysia presence as it applies for onshore licence
Lloyd's is to apply for an onshore reinsurance licence in Malaysia and open an office in Kuala Lumpur.
Lancashire pledges to work hard as COR and GWP deteriorate
Lancashire Holdings has reported a combined ratio of 78.2% in the second quarter of 2015 and a year-to-date COR of 75.1%, with both results representing deterioration on the insurer's 2014 performance.
Singapore, UK and Lloyd's unite over Asia's risk exposures
The Monetary Authority of Singapore, the UK government and Lloyd's have agreed to share knowledge and expertise around risk exposures in Asia.
Chinese investment firm buys Sirius International
Chinese investment firm China Minsheng has bought Sirius International Insurance for $2.24bn (£1.4bn) from White Mountains.
Lloyd's chair Nelson to sit on PM's advisory panel
Lloyd's chairman John Nelson is one of 19 UK business leaders appointed to sit on the government's new business advisory group.
Research: Young Broker Nation: Attracting new talent
LV’s Phil Bunker looks back on conclusions of the State of the Young Broker Nation research and finds much to be positive about
Hiscox Retail reports record H1 profit despite tough market conditions
Hiscox Retail delivered record profits of £59.3m in the six months to 30 June 2015, up from £37.4m in the same period in 2014.
Lloyd's underwriters create Asia-Pacific excess consortium
A new Asia-Pacific excess of loss property cover is led by Atrium and provides $25m (£16m) of loss capacity up to 100% of excess layers.
IUA announces newly elected market committee chairs
The International Underwriting Association has announced three newly elected chairs to lead its market committees including the appointment of Inter Hanover's Paul Rich as chair of the delegated authority underwriting group.
C-Suite - Insurer: One city, one brand
London needs to start bigging itself up as the go-to market, in the face of global competition.
Asia Interview: FP Marine's Phil Bilney
Andrew Tjaardstra, editor Asia, speaks to Phil Bilney, CEO, FP Marine in Hong Kong.
Direct Insurance looks to Towergate for London market hire
Direct Insurance London Market has hired former Towergate broker Matthew Pini as a senior broker.
British Insurance Awards 2015: The winners
AIG, LV and Wilby were among the big winners at the British Insurance Awards – collecting two gongs apiece.
Lloyd's highlights data sharing as imperative to mitigating cyber risk
Insurers and governments must share data in order to accurately assess the risk of a large-scale cyber attack and protect businesses, according to Lloyd's research.
Penny Black's Insurance Week: 9 July 2015
With hours spent at etiquette school before her societal debut, Penny can confidently say ‘faux pas' is not a part of her vocabulary.
Ex-Zurich corporate boss Green joins broker as director
Former Zurich corporate boss Steve Green has joined broker Anthony Jones as a director.
ICA claims revised Australia insurance code is "self-regulation benchmark"
Australia's revised General Insurance Code of Practice came into full effect today (30 June) after a 12 month transition.
Marketform launches specialist M&A insurance team
Lloyd's underwriter Marketform has appointed Astrid O’Reilly as its first mergers & acquisitions insurance underwriter as it expands into the specialist class.
Post news editor Callum Brodie declared journalist of the year at Biba awards
Post news editor Callum Brodie won a hat-trick of awards at the British Insurance Brokers’ Association journalist of the year awards this afternoon, including the top prize.
Market Moves - 22 June 2015
Find out who has moved where in the world of insurance this week.
Lloyd's issues stark El Nino food supply warning
Lloyd's has commissioned research which shows the potential huge impact an El Nino year could have on the world's food supplies.