A majority stake in managing general agent Avid has been sold to Beech Tree Private Equity.
The political risk map of Europe is being changed by a toxic combination of uncertainty — both political and economic, populism, geopolitical changes, political violence and technological advances
Lloyd’s syndicates placed 60.2% of in-scope risks electronically during the second quarter of 2019, surpassing the 50% target set in December.
Specialist motor insurer ERS has reported a profit of £3.1m, a decrease on £5.6m for the same period last year.
Lloyd’s has selected 11 insurtech companies to join the market’s incubator at the beginning of September.
ERS has made changes to its senior team, as chief finance officer Kate Wade has chosen to take some time out of the market.
RSA UK & International CEO Scott Egan hailed progress in the first half of 2019, but said the insurer will remain “vigilant” where it comes to its London Market business.
Arch Capital has agreed to buy Lloyd’s insurance group Barbican.
Nexus has acquired financial and professional lines managing general agent Plus Risk Limited.
The London insurance market is facing a huge skills shortage as insurance firms struggle to compete for talent. While a huge number of baby boomers are retiring from the sector and taking those long-held skills with them, there is also a distinct lack of…
Beazley saw double-digital premium growth in the first six months of the year, posting a pre-tax profit of $166.4m (£133.9m) largely driven by “exceptional” investment returns.
Miller CEO Greg Collins has emphasised the need to root out ‘unpleasant and unhelpful views’ in the industry ahead of the fifth year of diversity and inclusion festival, Dive In.
Six proposals to modernise Lloyd’s, including setting up two digital platforms, have received widespread backing from market participants following a 10-week consultation.
This week the best and brightest in the insurance community gathered in the Royal Albert Hall for the 25th British Insurance Awards.
Allianz was among the big winners at the 25th British Insurance Awards at the Royal Albert Hall scooping three individual awards including General Insurer of the Year.
This month’s issue looked at reputational issues the sector is facing and what needs to be done to improve the industry's reputation going forward.
Lloyd’s market participants will soon be required to clearly state whether policies cover cyber-related losses, such as cyber-attacks and loss of data.
Lloyd’s has confirmed electronic placement targets for the rest of 2019, mandating syndicates place at least 60% and 70% of risks electronically in the third and fourth quarters respectively.
Lloyd's CEO John Neal has addressed concerns about the workplace culture at Lloyd’s, saying “whatever we’ve done so far, it’s not enough”.
Every three seconds across the world, someone develops dementia. With this in mind Benedict Burke, chief client officer, global client development, Crawford & Company, explains why you should get behind Insurance United Against Dementia at the 2019…
BGC has appointed Philip Smaje as CEO of its global aviation and space reinsurance brokerage.
Allianz Insurance has appointed Tom Leonard as its London regional manager.
The Ardonagh Group’s Price Forbes has launched a security risks practice, as JLT staff move to the broker.