Lloyd's/London
RSA suffers £43m underwriting loss in second 'disappointing' year
RSA UK & International have announced a second consecutive year of UK losses, recording an unprofitable combined operating ratio of 101.4%.
Profits at Hiscox treble as insurer completes preparation for Brexit
Hiscox reported a 250% rise in its 2018 profit, following its move to exit from unprofitable areas in the London market business.
British Insurance Awards at 25: The judges reflect on the changing market
With the deadline for entering the British Insurance Awards getting ever closer, what better time to introduce the judges who will be casting an eye over these years submissions? Post canvasses them for their favourite memories of previous BIAs and their…
Court hears first installment in Besso and Bloody Bay legal action
Exclusive: The first hearing in the case of Besso v Bloody Bay was heard today in the commercial court.
David Duclos appointed NED at Lloyd’s Global Network
David Duclos has been appointed non-executive chairman of Lloyd’s Global Network.
FCA gives wholesale broking market a clean bill of health
The Financial Conduct Authority has closed its market study of wholesale insurance brokers, saying it had “not found evidence of significant levels of harm that merit the introduction of intrusive remedies”.
Former Lloyd's chairman Sir David Rowland passes away
Lloyd’s has confirmed Sir David Rowland, its chairman from 1993 to 1997, has passed away at the age of 85.
Cloutier steps up at Aspen as Apollo deal completes
Aspen’s chairman Glyn Jones and group CEO Chris O’Kane have stepped down, with the completion of Apollo’s acquisition of the Lloyd’s insurer.
Canopius looks to acquire Amtrust Lloyd’s business
Canopius is looking to acquire Amtrust’s Lloyd’s syndicates, making it one of the top five managing agents in the market.
Bruce Carnegie-Brown to leave Money Supermarket
Bruce Carnegie-Brown is set to stand down as a chairman of Money Supermarket after nine years.
Insurers face Part VII transfer delays as Brexit looms
Exclusive: The government is mulling an extension to the deadline for insurers to get legal permission to move books of business from the UK to Europe.
711 jobs at risk as Axa XL embarks on next phase of integration
Axa XL has outlined a new target operating model and organisational structure that could see it cut 711 positions for its European workforce.
This month: Brace for Boris
As the Brexit negotiations rumble interminably on, it can sometimes feel impossible to imagine life after 29 March. The British Insurance Brokers' Association gave the industry something to look forward to, announcing the keynote speaker for its…
Beazley profits halve as it feels nat cat impact
Beazley saw profits fall 55% last year owing to the continuing affect of natural catastrophe claims on underwriting margins.
Interview: Andrew Rear and Mark Dennis, Digital Partners
One of the first movers in the insurtech space, Digital Partners now works with over 20 start-ups and wrote £100m of gross written premium in 2018. Its CEO Andrew Rear and chief operating officer Mark Dennis spoke to Jonathan Swift about how a…
Lloyd's names Allianz's Burkhard Keese as new CFO
Allianz Deutschland’s Burkhard Keese has been confirmed as Lloyd’s of London next chief financial officer.
Duck Creek looks to break into London Market with messaging deal
Duck Creek Technologies hopes to attract new London Market clients following a partnership with Web Connectivity Limited.
John Neal to chair LMG's TOM steering board
John Neal, CEO of Lloyd’s, will chair the steering board of the London Market Target Operating Model with immediate effect.
Lloyd's appoints former US senator to council
Lloyd’s has appointed former US senator, John Sununu, as a member of its council.
Roundtable: Modernisation in the London market
Post, in association with WNS, held a roundtable with London market leaders, to discuss whether Lloyd’s modernisation is gaining momentum, and what the state of play is for the technology drive
Tapoly seeks £2m of investment as it sets its sights on global expansion
Exclusive: The founder and CEO of insurtech start-up Tapoly, Janthana Kaenprakhamroy has called out the insurtech investment community for overlooking the potential of female founders, as it raises funds aiming for £2m to grow its product and technology…
Ed placed two thirds of business using PPL
Ed has backed calls for a league table of brokers using electronic placement.
British Insurance Awards: Young blood - Young Achiever Winners then and now
To celebrate the 25 years of the British Insurance Awards. Post caught up with a host of winners of the Young Achiever of the Year Award
Aston Lark signals Ireland ambitions with acquisition of Robertson Low
Aston Lark has acquired Irish broker Robertson Low, making the Dublin-based company its first international purchase as the group looks beyond the UK.