Beazley chief underwriting officer, Neil Maidment, will take up a position on the Lloyd’s board after he retires from Beazley next month.
Beazley will cease to write business on construction and engineering lines.
Barbican’s syndicate will withdraw from property, marine cargo and hull, and professional indemnity insurance.
BP Marsh increasing its stake in Nexus could mean a rumoured sale of the managing general agent is off the cards, analysts say.
Hiscox has spent $15m preparing for business after Brexit, the specialist insurer disclosed in its third quarter trading statement.
In a volatile geopolitical landscape, Nicolas Aubert, head of GB, Willis Towers Watson and current president of the Insurance Institute of London, urges the market to take the opportunity to rethink its position and think globally.
As whiplash legislation speeds through parliament, claims management companies have increasingly been looking into other avenues to keep the coffers full and cavity wall insulation claims have spiked. CMCs may be the industry’s own bugbear, but this…
The Ardonagh Group will sell its commercial underwriting business to Arch for £31m.
How can insurers help customers facing Brexit uncertainly when they themselves face taking a blind bet on whether the UK will face a hard or soft deal when leaving the European Union? David Worsfold investigates.
A holding company will be established for Ed and Besso, with Steve Hearn as group CEO. However the two BGC-owned brokers will remain separate companies.
BP Marsh's announcement of its purchase of a 1.9% stake in managing general agent Nexus.
Against a backdrop of changing client demands, political uncertainty and new legislation, Jonathan Swift caught up with BLM senior partner Matthew Harrington and director of policy and government affairs Alistair Kinley to discuss how the law firm is…
Global reinsurance, wholesale and specialty broker Ed has been acquired by BGC Partners.
The total sum of global underinsurance is $163bn, according to research from Lloyd's.
Asta has appointed Paul Jardine, former UK CEO of XL Catlin, as independent non-executive chairman.
Miller Insurance Services has reached an agreement to acquire marine and specialty broker, Alston Gayler and Co, for an undisclosed amount.
Mutual protection and indemnity club, The Standard Club, will withdraw from underwriting at Lloyd’s in 2019.
Axa XL has received authorisation from the Central Bank of Ireland to move its European operations from the UK to Ireland ahead of 29 March 2019, when the UK is due to leave the European Union.
A week on from Hurricane Michael making landfall in Florida, estimates of the cost of the are beginning to emerge, running to as much as $21bn (£16.25bn).
Global specialty insurer, Starstone have announced that they have appointed John Hendrickson as group CEO.
With under a month to go until the first ever Insurance Day of Giving on behalf of Insurance United Against Dementia and Alzheimers’ Society, IUAD board member Jonathan Swift spoke to the AS research information manager Tim Shakespeare about why it is…
Only by using Placing Platform Limited can insurers and brokers make electronic placement work better, argues Anthony Baldwin, CEO of AIG Europe.
The total premium either written or controlled by the London company market has risen to £26.31bn – a 16% increase – according to the International Underwriting Authority's new statistics report.
Cincinnati Financial has reached an agreement to acquire Munich Re subsidiary MSP Underwriting for £102m – a deal that we see them enter the Lloyd’s market for the first time.