Lloyd’s/London
What the papers said this week
The Times England's top football clubs have turned to Lloyd's, seeking bespoke cover to pay the wag...
The LMA close to finalising transparency model
The Lloyd's Market Association has said it is close to finalising broker Marsh's transparency model....
LMA backs Airmic transparency threat
The Lloyd’s Market Association today welcomed what it called the clear statement from Airmic in favour of full transparency and an end to conflicts of interest in broker models.
Aon survey looks at company threats
The greatest threats to companies in 2005 are loss of reputation and business interruption, according to a survey of top UK companies by Aon.
Electronic platform Kinnect announces backing
Electronic platform Kinnect has announced that St Paul Travelers has backed the enterprise. The pled...
St Paul Travelers signs up with Kinnect
Electronic platform Kinnect has announced that St Paul Travelers is backing the enterprise.
Equitas releases financial results
Equitas, which was set up to reinsure and run off the 1992 and prior years’ non-life liabilities of Lloyd’s of London syndicates, has announced its financial results for the year ended 31 March 2005.
Kinnect continues to find favour
Eight of Lloyd's 10 largest managing agents back electronic platform Kinnect, after three more busin...
BPS Insure appoints administrators
General insurance brokerage BPS Insure has today appointed administrators from insolvency practitioners Begbies Traynor following a decision by the Financial Services Authority (FSA) on 5 May to withdraw its permission to sell new policies.
Zurich moves Irish business
Zurich is converting its Irish Eagle Star operation into an European Union-wide risk carrier for glo...
Appointment at Lloyd's Market Association
Ewen Gilmour, chief executive of Chaucer Holdings, has become chairman of the Market Processes Commi...
Kinnect awarded double gong
Kinnect, the electronic platform which securely exchanges risk data and wordings between brokers and underwriters, has won two awards from international standards body ACORD.
LMA appoints new chairman of Market Processes Committee
Ewen Gilmour, chief executive of Chaucer Holdings, has been appointed chairman of the Market Processes Committee of the Lloyd’s Market Association.
New chairman at Lloyd's Market Association
News in brief
Appointment at Devonshire Claims Services
Devonshire Claims Services has recruited Rob March to head-up its growing professional indemnity bro...
TOBA fails on confidentiality
Despite the Lloyd's Market Association coming to a decision over a unified terms of business agreeme...
LMA TOBA avoids client privilege
The Lloyd's Market Association has failed to address differences with Financial Services Authority r...
Brit boss wins Lloyd's vote
Dane Douetil, CEO of Brit Insurance, has been elected chairman of the Lloyd’s Market Association.
Lloyd's' agents back Kinnect
News in brief
Moody’s downgrades GE Insurance Solutions
Moody's Investors Service has downgraded the senior debt ratings of GE Insurance Solutions Corporation to Baa1 from A1. In the same action, Moody's downgraded the insurance financial strength rating of Employers Reinsurance Corporation to A1 from Aa2. GE…
Moody's expects RSA to maintain progress
Moody's Investors Service has upgraded the European Ratings of the Royal & Sun Alliance Group (Baa2 Insurance Financial Strength Ratings at Royal & Sun Alliance Insurance plc and Scandinavian subsidiaries) to Baa1 from Baa2.
LMA attacks broker transparency models
The Lloyd's Market Association has slammed recent broker transparency models, while pledging to agre...
CBS to set up new Lloyd's fund
CBS Private Capital Limited, a member agency within Lloyd’s of London, will set up a private investor fund focused on the Lloyd’s market over the summer.
Hastings continues Eastbourne tennis sponsorship
Motor insurance company Hastings Direct has announced that it will be continuing its association with Britain’s most famous female tennis player, Virginia Wade, as part of its title sponsorship of the Hastings Direct International tennis Championships in…