Lloyd’s/London
Hiscox CFO Bridges to exit
Hiscox chief financial officer Stuart Bridges is to the leave the insurer after 16 years to join ICAP as group finance director.
Quiz of the week - 10 April
Test your knowledge of this week's news with our just for fun quiz.
Brit syndicate bolsters position at Lloyd's as QBE slips down GWP list
The axing of unprofitable business by QBE has seen the insurer’s largest individual Lloyd’s syndicate plummet in terms of its top ten standing by gross written premium, as Brit moves up the rankings.
LMA launches first competitive board election for three years
Eight candidates are fighting it out for six positions on the Lloyd’s Market Association’s governing body in what will be LMA’s first competitive election since 2012.
Standard Syndicate vows to bring new marine business to Lloyd’s
Standard Syndicate (Syndicate 1884) has commenced underwriting at Lloyd’s with a range of specialist cover targeting shipowners.
JLT raids Willis for 22 strong fine art and specie team including new CEO Gordon
JLT Specialty has recruited David Gordon from Willis to head up its specie, fine art & jewellery division.
Insurance Hall of Famer Duperreault praises Lloyd's resilience
Brian Duperreault has hailed the resilience of the Lloyd's market, but warned that it has to remain relevant in ever-changing times.
Celebrity Endorsements: All that glitters
What happens when the actions of a company’s celebrity endorser bring a campaign to its knees?
Telford succeeds Rocks in Liberty management reshuffle
Liberty Specialty Markets has announced Alan Telford will succeed Sean Rocks as chief underwriting officer of its commercial division.
Lloyd's supportive of syndicates that expect to turn motor profit
Lloyd’s motor book produced a calendar year combined ratio of 106.4% (2013: 108.6%) in a market described as competitive by Lloyd’s director of finance, John Parry.
Cathedral leads consortia for Germanwings A320 war policy
Lancashire-owned Cathedral is leading the consortia on the Lufthansa war policy for the Germanwings Airbus A320 plane that crashed in France on 24 March.
Heritage Insurance granted Lloyd's registered broker status
Heritage Insurance has been granted Lloyd's registered broker status; a move that allows Heritage Insurance Solutions, the Financial Conduct Authority-regulated arm of Guernsey-headquartered Heritage Group, to place business directly with Lloyd's…
Editor's comment: Moving with the times
Cyber is the watchword of this generation and it’s hard to image how our world would function without all the technology we use every day.
Diverse recruitment required if London is to secure global cyber dominance
Greater cross-industry collaboration and a significant recruitment drive are needed if London is to fulfil its ambition to become a global cyber insurance hub, according to London market firms.
MGAA launches talent development programme
The Managing General Agents' Association has launched an initiative to increase talent development in the sector.
Employers' liability MGA Concordia launches
Employers' liability managing general agent Concordia has launched facilitated by Ambant Underwriting Services.
Under-35s urged to actively shape London market's future
Willis deputy CEO and London Market Group chair Steve Hearn has called on Lloyd's and London market employees under the age of 35 to play an active role in shaping the future of the sector.
Lloyd's opens licensed Beijing branch
Lloyd's has opened a branch in Beijing to capitalise on growth opportunities in China.
Insurance giants ready India investment after FDI law passed
There is expected to be a flurry of movement in the Indian insurance market following India's government decision to increase the FDI cap.
Lloyd's Asia to switch Singapore office
Lloyd's Asia will move out of Asia Square in the final quarter of 2015 to new offices in Raffles Place.
Lloyd's recruits Asia-Pacific broker head
Lloyd's has appointed Chris Rummery in a newly created role - senior market development manager for Asia-Pacific.
Ambant to extend MGA offering following Heritage investment
Guernsey-based Heritage Group has acquired a 33% stake in managing general agent launch specialist Ambant Underwriting Services.
Xchanging sees flat results for operating profit for 2014
Xchanging has posted 0.5% rise in operating profit for the full year 2014, according to its latest results.
Brit 2014 profits climb 40% as investment returns skyrocket
UK-based insurer Brit's after tax profits were £139m last year compared to £99.5m the previous year, up 39.7%, as its investment returns rocketed 38.4% year on year.