Lloyd’s/London
Ecclesiastical shakes up property owners market with Crown Estate win
Property owners’ insurance brokers are benefiting from heightened competition between business-hungry insurers, with the entry of Ecclesiastical in May and the former Axa team starting to write business for Mistui Sumitomo at Lloyd’s this week.
Sagicor withdrawal forced by First Central losses
Lloyd’s insurer Sagicor’s decision to quit both property treaty reinsurance and casualty treaty reinsurance was forced by huge losses incurred through its tie-up with Gibraltar-based motor insurer start-up First Central, Post understands.
Lloyd's & London market - Compliance burden: The cost of compliance
With the UK the most costly European country for regulation, could UK-domiciled Lloyd’s and London market brokers really become an endangered species?
In series - Lloyd's & London market: Please mind the gap
The skills shortage remains a major concern for the London market — but emerging evidence suggests the fight for talent has begun.
In series - Lloyd's & London market: Power to the people
With employees rightly recognised as crucial to company success, Lloyd’s and London market players are gearing up their efforts to attract and retain top talent.
Post magazine – 13 October
This week the Post team reports on news that new entrant Ecclesiastical has shaken up the property owners market by winning a multi-billion pound portfolio belonging to The Crown Estate, as sources suggest the sector is witnessing business-hungry…
Reputation protection cover for hotels
Willis, in conjunction with Kiln, has launched Hotel Reputation Protection 2.0, a policy aimed at limiting the financial fall out from negative PR.
Ecclesiastical shakes up property owners market with Crown Estate win - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including news that new entrant Ecclesiastical has shaken up the property owners market by winning a multi-billion pound portfolio belonging to The Crown Estate, as…
Mitsui takes on Axa’s property team
Mitsui Sumitomo at Lloyd’s has taken on the five-strong property owners’ team that left Axa earlier this year, led by Mike Phillips who was head of specialist markets.
Channel Syndicate launches into health
Lloyd’s Channel Syndicate 2015 has appointed Ian Fordham of Talbot to head its new accident & health division and says another underwriter will be joining soon.
Besso appoints Hulse as specialist non-executive director
As part of its growth strategy Besso Insurance Group, the independent Lloyd’s broker, has appointed Tony Hulse as non-executive director.
Penny Black’s insurance week
Penny was not at the Conservative Party conference this week but couldn’t help but notice her chums at Lloyd’s broker Windsor, which does a bit of business with the Tories, had pulled a blinder on the publicity front.
Market moves: Insurers lead the recruitment charge
With the final quarter of the year kicking off this week insurers were the most active recruiters with a raft of hires and promotions. XL Insurance added three new members of staff to its burgeoning team in Europe, while a number of other players seized…
Focus on personal injury fraud means insurers missing the bigger picture
Law firm Beachcroft has warned that insurers are so focused on personal injury fraud they are missing large-scale credit hire scams.
Event insurance: Dancing in the street
Next year could be huge for the events industry, with the Diamond Jubilee and the London Olympics taking place. With a host of celebrations occurring, can the events insurance sector capitalise?
In series - Lloyd's & London Market: Social strengths
The CII’s London market faculty New Generation Group is downbeat about Lloyd’s adoption of social media. Post spoke to its members to find out why.
In series - Lloyd's & London Market: Technological challenges
After a slow start, Lloyd’s and the London market are embracing technological developments to drive down cost, time and errors. But is its embrace of new mediums firm and fast enough?
Post Magazine - 06 October 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
NZ faces mass withdrawal as earthquake claims stack up – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the possibility that insurers and reinsurers could stop providing earthquake cover in New Zealand altogether, forcing its government to handle claims.
Beazley expands underwriting team
Construction and engineering risks insurer Beazley is expanding and restructuring its global underwriting team.
Clarity needed on Solvency II
Lloyd's has responded to the Financial Services Authority Solvency II revisions.
VRS Vericlaim aims to double in next five years
UK loss adjusting firm VRS Vericlaim, part of the European VRS Network, has revealed plans to double in size in the next five years.
Ferma 2011: News round up
The Federation of European Risk Management Associations has said it will continue its fight for broker transparency and aims to convince the European Commission to include it in the next version of the Insurance Mediation Directive.
FSA set to announce Solvency II deadline decision "soon"
The Financial Services Authority has said it is to announce the deadline for implementing Solvency II “soon”.