Lloyd’s/London
Hiscox expects to hit £1bn in 2012 on Syndicate 33
Hiscox has said it envisages a 2012 capacity of £1bn for Syndicate 33, an increase of £100m from 2011.
Scheffel replaces Berger as Allianz corporate boss in London
Allianz Global Corporate & Specialty has confirmed new CEOs from within its existing management team for two of its most important regions with effect from October.
Lloyd’s pays out 40% faster during claims pilot
Claims transaction times at Lloyd’s have been cut by 40% from 25 to 15 days, during the pilot phase of the Claims Transformation Programme.
AM Best affirms Lloyd’s Syndicate 1084 rating and withdraws Chaucer Holdings rating
AM Best Europe has affirmed the financial strength rating of Lloyd’s Syndicate 1084 as A (Excellent) and the issuer credit rating (ICR) of “a+”.
BIA 2011 Achievement Award winner Scott: Market reaction
Having been crowned Achievement winner at the British Insurance Awards last night, a number of high profile market faces have today lauded Sandy Scott for his work at the Chartered Insurance Institute.
Amlin sees international cat renewal rates rise by 50%
Lloyd's insurer Amlin estimates net claims from the two major US tornadoes during April and May 2011 of approximately $50m.
Antares appoints deputy underwriter
Antares has appointed Oliver Goodwin to the role of deputy underwriter in the marine excess of loss team.
Beazley appoints energy leader
Beazley has appointed Matthew Holmes to lead its energy team.
UK General capacity deal 'first of many'
The capacity deal signed between UK General and Lloyd's insurer Catlin is likely to be the first of many, as the Leeds-based underwriting agency looks to branch out into high-risk liability.
Post history - 20 years ago: Yugoslavia has mixed reaction
Looking back through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Post history - 30 years ago: Insurers take £1 premium for fireworks
Looking back through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Lloyd's warns FSA over SII box-ticking
Lloyd's finance director Luke Savage has warned the Financial Services Authority against the perils of hiring "rookies" to approve businesses' internal capital models for Solvency II.
Aviva UK plots Lloyd's return in international push
A strategic review considering areas of expansion for Aviva's UK corporate business, will include assessing the viability of opening a trading box at Lloyd's and targeting international risks.
Career development & CSR: Rugby player work placement
Harlequins player Will Skinner has spent a week-long work placement within QBE's marine, energy and aviation division. The placement was organised by the insurer in conjunction with the Rugby Players' Association's player development programme, which…
Post Magazine – 7 July 2011
The latest issue of Post Magazine is now available to subscribers as a digital and interactive e-book.
TSC re-opens premiums inquiry - Insurance News Now – 7 July 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories which include chair of the Transport Select Committee, Louise Ellman telling Post that motor insurers will be called back to parliament for further questioning…
Marsh launches global mining practice
Marsh has set up a new global practice to target mining organisations that want to pursue growth opportunities outside their home countries.
Amlin adds to bloodstock underwriting team
Amlin has appointed Julian Lloyd, head of LMA’s livestock business panel, to its bloodstock underwriting team.
Gallagher Heath brand launched
Heath Lambert is to begin trading as Gallagher Heath with immediate effect following its acquisition by Arthur J Gallagher & Co.
Travelers appoints underwriting duo
Travelers has recruited two chief underwriting officers within its UK business.
UK General strikes capacity deal with Catlin
UK General has signed a capacity deal with leading Catlin.
Chaucer takeover completed
Chaucer has confirmed its takeover by US-based The Hanover Insurance Group has been completed.
Novae-Omega merger falls through
Novae has announced to the London Stock Exchange that “it is unlikely a transaction can be structured in its interest” with fellow Lloyd’s insurer Omega.
Post history - 20 years ago: US blamed for Lloyd's record losses
Looking back through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.