Lloyd's/London
Less than a third of Lloyd’s brokers using PPL
Exclusive: Fewer than a third of the brokers that operate through Lloyd’s are signed up for Placing Platform Limited.
The evolution of risk modelling in insurance
Regulation might have helped to speed up the evolution of risk modelling but technology advances, especially cloud computing, are now taking this development to the next level. Edward Murray explores the benefits this is bringing and how insurance…
LMA appoints Ascot CEO as new chairman
The Lloyd’s Market Association has appointed Andrew Brooks, CEO of Ascot Underwriting, as its next chairman.
Liiba welcomes Lloyd’s Brexit pledge
The London and International Insurance Brokers’ Association has welcomed Lloyd’s assurance that it would continue to honour policies in the event of a ‘no deal’ Brexit.
Interview: Chris Lay, Marsh
Chris Lay enjoyed his time in Canada but Marsh’s new UK and Ireland CEO has no doubt that London is the place to be. “The UK is a priority for Marsh,” he told Cecile Brisson, just before the world’s biggest broker bought off London-based broker Jardine…
Marsh UK CEO defends broker facilities amid FCA's market-wide probe
The CEO of the UK's largest broker has defended broker facilities, amid an official probe into allegations the practice is anti-competitive.
Insurance Fraud Awards 2018 - full list of winners
Keoghs partner James Heath, pictured, was handed the achievement prize at the Fraud Awards last night in what proved to be a fruitful night for the law firm.
Coverys outlines growth plans for Lloyd's business
Coverys is in talks about buying three large books of business in run-off, the company said.
More hires expected as MGA Ascent plucks cyber head from Brit
Cyber and specialty lines managing general agent Ascent Underwriting has appointed Caspar Stops as head of cyber.
Brit executive chairman Mark Cloutier departs for Aspen
Brit executive chairman Mark Cloutier is leaving the Lloyd’s insurer, to become CEO and chairman of Aspen
Top 100 UK insurers 2018: AM Best commentary: Under pressure
In 2017, the combined underwriting results of the largest 100 UK non-life insurers improved but remained in the red. How well did insurers perform under pressure from strong competition and unfavourable claims trends?
This week in Post: Swipe right for Swinton
As Swinton meets its match in Ardonagh, the insurance courtship game has continued to hit headlines.
Dive In: Lloyd’s chairman Bruce Carnegie-Brown unveils future female leaders programme
Lloyd’s has developed a programme it hopes will propel women in to more senior roles, chairman Bruce Carnegie-Brown told delegates at Dive In Festival.
Dive In: Marsh UK CEO decries lack of female 'pipeline' for senior roles
Marsh UK CEO Chris Lay has decried the lack of a 'pipeline' of women in line for senior roles, urging for flexible working as a possible solution.
Pioneer names former XL Catlin CEO as boss
Former XL Catlin UK CEO Andrew McMellin has been named CEO of Pioneer Underwriters.
Axa XL announces replacement for Paul Jardine
Paul Greensmith has been appointed CEO of the newly-formed company Axa XL, replacing Paul Jardine.
ERS owners explore potential sale
The owner of Lloyd’s motor insurer ERS is exploring the potential for a sale of the business.
Lloyd’s sees diminished results even as it shrugs off 2017 losses
Lloyd’s H1 pre-tax profit was down 51% on the same period last year, even as the Corporation saw improvements in its combined ratio.
Hurricane Florence insured losses in the billions, flooding may still 'worsen'
Insured losses from Hurricane Florence are likely to be between $1.7bn and $4.6bn, Air Worldwide estimates.
Docu-Video: The future of drone regulation
Kennedys experts from around the globe discuss the future of drone regulation
Argo selects Harris for Asia and Europe role
Lloyd's international specialty underwriter and reinsurer the Argo Group has appointed former AIG director Matt Harris to lead the company’s Europe and Asia operations
LMA's Lee Elliston on taking action on delegated claims
The 300-year-old Lloyd's market is changing, says Lee Elliston, claims director, Lloyd's Market Association. The Target Operating Model has seen Lloyd's focus on boosting efficiency and bringing business benefits to market participants. Now the LMA is…
China Re snaps up Chaucer from The Hanover
The Hanover has sold Chaucer to China Re for a total price of $950m (£726m).
Incoming Lloyd’s CEO John Neal will start next month
Former QBE CEO John Neal will take over the role of Lloyd’s CEO next month, the Corporation confirmed.