Lloyd’s/London
Miles Smith eyeing acquisitions after Clydesdale refinancing
London broker Miles Smith is laying out plans for growth after becoming the third insurance business to complete a Clydesdale Bank-back debt refinance in two months.
Lloyd's recruits experienced broker for Australia role
Chris Mackinnon, former CEO at Gow-Gates Insurance Brokers, will join Lloyd's in Australia as general representative.
Mobius Underwriting hires underwriter from Allianz
Adam Thackeray has joined Lloyd's coverholder Mobius Underwriting Australasia.
C-Suite - Broker: Staying local in a global market
What is the future for Lloyd’s brokers within the international hub model adopted by Lloyd’s?
Nexus grows capacity for 2015
Managing general agent Nexus Underwriting Management Group has secured increased capacity across its core specialty lines for 2015.
RMS partners with China Re's Lloyd's venture
Risk modeling firm RMS will support China Re’s Syndicate 2088 the first Chinese direct investment into Lloyd’s.
Third arm-sized bolt fractures on Cheesegrater
The owner of the recently opened London home for Aon and Amlin has admitted that a third steel bolt has fractured on the building, and that it will launch a replacement programme.
Hiscox buys two MGAs from Randall & Quilter
Hiscox has bought two London-based managing general agents R&Q Marine Services and Synergy Insurance from Randall & Quilter Investment Holdings.
Ex-Gallagher colleagues launch e-trading MGA Modus
A new managing general agent set up by three former Arthur J Gallagher colleagues focused on e-trading has opened for business.
XL's £2.79bn Catlin takeover confirmed
XL Group's acquisition of Lloyd's heavyweight Catlin has been confirmed in a note to the London Stock Exchange valuing Catlin at £2.79bn.
Helios completes £1m Lloyd’s Nameco buy
Helios Underwriting has formally completed a deal to acquire a Lloyd’s limited liability vehicle, Nameco (No 311).
Lloyd’s names Godwin head of claims
Lloyd’s of London has appointed senior claims manager Philip Godwin as its new head of claims, effective immediately.
Korean Re to establish Lloyd's subsidiary
Top 10 reinsurer Korean Re aims to start a £10m joint venture unit in London by the end of the year.
UK insurance industry need not fear EU exit, says City minister
The UK’s insurance industry has little to fear from a potential European Union exit, according to economic secretary to the treasury Andrea Leadsom MP, who has also called for more evidence from the London market on its challenges.
Canopius recruits from Delta Lloyd for renewable energy team
Canopius has unveiled a new renewable energy division following the recruitment of a team of specialists from Delta Lloyd.
Penny Black: The Ghost of Christmases Past 2006 - 2013
Lady-about-town Penny Black has been publishing her insurance industry gossip and insider news and views in three centuries - so she's seen a fair few insurance Christmases, some bawdier than others, and all of them fuelled by the finest G&Ts the…
Penny Black: The Ghost of Christmases Past
Lady-about-town Penny Black has been publishing her insurance industry gossip and insider news and views in three centuries - so she's seen a fair few insurance Christmases, some bawdier than others, and all of them fuelled by the finest G&Ts the…
Merry Christmas from Post
Incisive Media's offices are now closed until 2 January 2015 for the festive period.
Insure The Box sales clears the way for XL takeover of Catlin
Catlin’s sale of Box Innovation Group to Aioi Nissay Dowa clears the way for its own acquisition by XL, although shareholders may need to be placated according to analysts.
Post's Christmas Q&A
As the festive season gets well and truly underway, Post caught up with some of the insurance industry's key players to talk Santa slippers, mince pies and terrible Christmas presents...
Helios boosts capacity with Nameco acquisition
Helios Underwriting has agreed to acquire Nameco (No 311), a limited liability member of Lloyd's, for a total consideration of £1m in cash.
Rival bids for Catlin from Asia and US predicted following XL offer
XL Group’s potential acquisition of Catlin has been billed as positive for both parties, although the bid is expected to flush out interest from Asian and US firms targeting a Lloyd's presence, according to analysts.
XL Group makes offer for Lloyd's insurer Catlin
Catlin Group has confirmed it has received an approach from XL Group.
Integro snaps up London market bloodstock broker Howard Global
International insurance broker and risk management firm Integro has acquired Howard Global Insurance Services, a Lloyd’s-registered specialty broker.