Lloyd’s/London
Alea losses spark crash
The market this week said it could not countenance any more bad news from Alea Group, after the comp...
Events
1 February - Insurance Institute of London Lunchtime Lectures - The long-term future of the airline ...
Fraud trial to end out of court
Willis and its fellow defendants in the controversial Pender Insurance fraud trial are likely to rea...
Lloyd's pulls out of redundant Kinnect
Lloyd's may never attempt to build its own electronic infrastructure again, after finally pulling th...
Lloyd's pulls plug on multi-million pound Kinnect
Lloyd's has decided to withdraw funding for the Kinnect programme following a review. In a statement the Lloyd's Franchise Board said it had decided that the platform was not optimal in ensuring more efficient business processes for the Lloyd's and…
Events
19 January Insurance Institute of London Lunchtime Lectures - Inheritance tax mitigation Lloyd's O...
Events
10 JANUARY - Insurance Institute of London Lunchtime Lectures - Contract Certainty. Lloyd's Old Libr...
Former Marsh staff join Leeds broker
Marsh's Leeds office has lost three members of its new business development team. They have joined u...
LMA appoints technical executive
The Lloyd’s Market Association has appointed Allison Goddard as Technical Executive. Ms Goddard is responsible for leading on business process reform initiatives on behalf of LMA members.
Events
10 January - Insurance Institute of London Lunchtime Lectures - Contract Certainty. Lloyd's Old Libr...
Names' agent re-launches private investment fund
Lloyd's members' agent CBS has re-launched its collective investment fund Insurance Capital Partners.
American Re upgraded by Moody’s
Moody's Investors Service has upgraded the insurance financial strength rating of American Re-Insurance Company (ARIC) to Aa3 from A2, and upgraded the senior debt rating of American Re Corporation (ARC) to A2 from A3. The rating action concludes a…
Alea collapse blamed on agencies
The virtual collapse of London-listed insurer Alea Group has seen the company take a swipe at the ra...
Marsh and Aon witnesses
Employees at brokers Marsh and Aon are likely to be called as witnesses in the Pender Insurance tria...
Offshore reinsurance - Greenlight Capital Re arrives in the Cayman Islands
Investment manager Greenlight Capital has formed a new offshore reinsurance company, Greenlight Capi...
Events
7 December Post Magazine Management Briefing - Environmental Claims Haberdashers' Hall, London ...
Greenlight Re arrives in Caymans
Investment manager Greenlight Capital has formed a new offshore reinsurance company, Greenlight Capital Re, in the Cayman Islands to capitalize on growing demand for insurance products, according to company founder David Einhorn.
£80m fraud trial continues
Christopher Valentine, one of the key defendants in the £80m fraud trial against former employees at...
Trading platform opens up service to stump Kinnect
Reinsurance trading platform RI3K is opening up its service to wholesale commercial risks placed at ...
Lloyd's given China go-ahead
Lloyd’s has announced today that it has been given the green light to establish an on-shore reinsurance operation in China.
Alex Forbes PI staff in dramatic U-turn
The attempt by a rival start-up company to attack Alexander Forbes Professions has been thwarted, the broker announced today. It claims nearly half the 28 staff tipped to leave have now committed to the company.
Alexander Forbes "can cope" with staff loss
Broker Alexander Forbes will not be rushing to replace any of the employees that recently quit its p...
Events
3 November Insurance Institute of London Lunchtime Lectures - With a worldwide book of business, wh...
Lloyd's insurer to raise £72.8m
Lloyd's insurer Kiln this morning announced a rights issue to raise £72.8m. At least £40m of the net proceeds will be used to acquire capacity on Syndicate 510.