Lloyd’s/London
London Market standing firm despite early setbacks
The London Market remains robust despite an unprecedented volume of large claims in 2011.
The Prince's Trust Insurance Leadership Group: A reflection on its successes so far
Tonight the Prince’s Trust Insurance Leadership Group celebrates breaking the £5m fund-raising barrier with a reception at the Chartered Insurance Institute. Jonathan Swift reflects on the group’s achievements in its five year lifespan.
RSA to head to High Court – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including RSA’s plans to head to the High Court in a bid to defend its policy of using a wholly-owned subsidiary for motor repairs, which has been found to add as much as 25…
Lloyd's chairman set to receive prestigious gold medal
Long-serving Lloyd’s chairman Lord Levene is to receive the institution’s gold medal in honour of his “tireless” contribution over the past decade.
Lloyd’s announces £697m interim loss
Lloyd’s made an interim loss before tax of £697m for the six-month period ending 30 June 2011, in what is already likely to be the second most expensive year ever for insurers.
Torus acquires Broadgate
Torus has entered into an agreement with Clal Insurance Enterprises Holdings to acquire London-based Lloyd’s Syndicate 1301 and its corporate members Broadgate Underwriting Limited and Broadgate Underwriting 2010 Limited.
Market moves: Bucking the trend for UK employment
With September in full swing, announcements of moves around the market are arriving thick and fast. After the dearth of recruitment news in August, disciplines across the industry spectrum appear busy luring expertise from competitors, promoting from…
Your say: Breaking old ground
I could have taken exception with Keith Stern giving the impression he is a pioneer in the UK provinces attracting business into the Lloyd’s market, but that would have been counterproductive.
Colosso and Barr leave Gallagher Heath as Hodges starts new role early
A week of departures and early arrivals within the broking community has resulted in former Heath Lambert bosses Adrian Colosso and Graham Barr leaving Gallagher Heath, while ex-Aviva UK CEO Mark Hodges has started work at Towergate earlier than expected.
Career file - Peter Matson
Argo sets sights on expansion with Matson hire.
IUMI 2011 preview: The problem of piracy
The annual International Union of Marine Insurance conference takes place in Paris next week. Topping the agenda is the ongoing scourge of piracy on world trade .
Post Magazine - 15 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Tiger Risks becomes first US broker since 2003 to open in London
Tiger Risk Partners has announced the opening of a UK subsidiary headquartered in London.
MoJ to split referral ban enforcement role - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including confirmation from the Ministry of Justice that the government’s proposed ban on referral fees is unlikely to be centrally administered, and instead enforced by…
Lloyd's coverholder and capacity acquired in expansion push
ProSight Specialty Insurance has entered into a definitive agreement to acquire Lloyd’s Coverholder TSM Agencies and 100% of the capacity rights to Lloyd’s Syndicate 1110.
Canopius submits 83 pence a share offer for Omega
Lloyd's isnurer Canopius has submitted an indicative proposal to the board of rival Omega to acquire the entire issued and to be issued ordinary share capital of Omega for cash consideration of 83.0 pence per share.
Brit wants faster marine claims
London’s shipping insurance market needs to improve claims handling to mirror tighter corporate governance measures in the global container shipping industry, Brit has warned.
Lloyd’s heading for tough times as catastrophe losses hit profits
Lloyd’s first half-year results will be adversely affected by this year’s “unprecedented” level of catastrophes and could see its combined operating ratio hit 100% for the first time in six years, according to market observers.
Liberty sets sights on ‘significant multiples’ of GWP
Liberty Mutual has doubled its gross written premium in UK commercial lines for the first half of the year, as it looks to open up a Leeds office.
Online this week - Top Ten Post Stories - 8 September 2011
The top ten stories from www.postonline.co.uk
9/11 A personal reflection: Remembering the unforgettable
As the horror of 11 September 2001 unfolded, the insurance industry was not only reeling from the inevitable financial consequences. It was struggling to conceive a much more immense loss, a personal one
BIS Countdown: Sir John Grieve - In the eye of the storm
As deputy governor of the Bank of England, Sir John Gieve was in the centre of the worst financial crisis for a century. What has hindsight revealed and what are his views on the subsequent regulatory shake-up?
From the archives - 9/11 Terrorism: Ten years later...
A decade has passed since the attacks on the World Trade Center in New York. How has the market for terrorism policies responded and recovered in that time?
9/11 Contract certainty: The first steps taken
A rush of legal cases always followed a catastrophic loss before contract certainty was introduced. The attacks on 11 September 2001 thrust the issue into the spotlight but were other factors at play?