Lloyd’s/London
Antares syndicate wins Japanese funding
Antares has completed a deal with Japanese trading organisation Itochu for investment in its syndicate.
R&Q selects Sequel software
Randall & Quilter Managing Agency has implemented Sequel's Eclipse Underwriting software to form part of its newly launched Syndicate 1991 operating platform.
Lloyd's syndicate launches indie film cover
Syndicate ProSight 1110 is to offer insurance to independent film makers covering filming mishaps and failure to complete a film on time and on budget.
Insured losses exceed $50bn in 2012
The reinsurance sector is "equipped with ample dedicated capital and stable pricing" as it enters 2013, according to Guy Carpenter.
Qatarlyst confirms ongoing sale talks
Qatarlyst has announced that it is continuing discussions with "several" partners over a potential purchase.
Catastrophe reinsurance rates unharmed by Sandy, says Willis Re
Property catastrophe reinsurance rates adjusted flat to -5% globally in January renewals.
Markel hoping to capitalise on Alterra Lloyd's business
US-based Markel Corporation is hoping to build on the London operations of Alterra after securing an acquisition deal worth $3.1bn.
Markel to buy Alterra in $3.1bn deal
Markel is to acquire Bermudian insurer and reinsurer Alterra for a combination of stock and cash totalling $3.1bn.
JLT chairman joins Chesterfield Group
Lloyd's broker the Chesterfield Group has appointed David Menzies to grow its accident and health account in the US and internationally, as part of an on-going growth strategy.
Lloyd's: Sandy net claims could reach $2.5bn
Net claims from Superstorm Sandy could hit Lloyd's for $2bn (£1.25bn) to $2.5bn (£1.55bn) it was announced this morning.
Mitsui Sumitomo adds to underwriting team
Mitsui Sumitomo at Lloyd's has strengthened its underwriting team with two new appointments.
Kinetic raids Lime Street Brokers
Lloyd's broker Kinetic Insurance has hired a team of brokers to expand the company's range of products and brands through online platforms.
Equinox Global boosts capacity with Jubilee deal
Trade credit insurer Equinox Global has secured additional capacity through Jubilee Syndicate 5820 at Lloyd's, in a deal that increases Equinox's automatic capacity from $30m (£18.5m) to $35m (£21.6m).
Kiln expands Asia footprint with new hire
Kiln has appointed Gu Jin to lead a new venture with Lloyd's Insurance Company (China) in Shanghai.
JLT launches multi-line executive defence insurance product
Lloyd's broker JLT has teamed up with AIG Europe to develop an executive defence product for commercial clients which combines a number of financial lines under one limit while preserving some dedicated protection for personal assets.
Superstorm Sandy to cost Catlin £124m
Catlin estimates that its losses from the storm will be $200m (£124m), net of reinsurance and reinstatements.
QBE wins contempt of court case against PI fraudster
A man who attempted to make a fraudulent personal injury claim against his QBE-insured employer Airbus has been sentenced to six months in prison.
Lloyd's investigation into Utley to conclude next year
The Lloyd's investigation into three former senior figures at Equity Red Star, including Hastings Insurance Group chairman Neil Utley, could conclude around the middle of next year once the Accountancy & Actuarial Discipline Board completes its own…
Hardy raids London market for senior quartet
Lloyd's insurer Hardy has made the first senior appointments following its acquisition by CNA, including a new chief operating officer.
Review of the Year: Lloyd's - Highs and lows
After major losses following 2011's natural catastrophes, the Lloyd's market recovered to post its best results in five years in the first half of 2012 - only for Superstorm Sandy to bring fresh woes in October.
Lloyd's refreshes three-year plan to incorporate Vision 2025
Lloyd's has published an updated version of its three-year plan designed to set the London market on track for its long-term strategy, Vision 2025.
LMA issues Eurozone exit advice
The Lloyd's Market Association and law firm Clyde & Co have issued guidance on the impact on insurance and reinsurance contracts of a Eurozone exit for managing agents.
Beazley announces new property head
Lloyd's insurer Beazley has announced that current head of property Jonathan Gray will step down after 11 years in July next year, to be replaced by Mark Bernacki.
Hiscox unveils travel policy for extreme locations and activities
Specialist insurer Hiscox has launched a new gap year travel policy in response to growing demand.