Lloyd's/London
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.
Nexus snaps up Altitude in third deal of the year
Managing General Agent Nexus has completed the acquisition of Altitude Risk Partners from Castel Underwriting.
This month in Post: A way through the whiplash quagmire?
The controversy over the proposed Civil Liability Bill has centred on whether the changes represent a good deal for consumers or for the insurers.
John Neal to succeed Beale as Lloyd’s CEO
The former head of QBE, John Neal, is in line to replace Inga Beale as Lloyd’s CEO, it has been reported.
Bluefin Underwriting swept up in Victor rebrand
UK-based managing general underwriter Bluefin Underwriting will rebrand as Victor Insurance.
Interview: Jacqueline McNamee and Elliot Biggs, C-Quence
Keen not to be lumped in with the insurtech movement, new managing general agent C-Quence is ready to launch in Q3 backed by Primary and Arch. Its CEO Jacqueline McNamee and chief information officer Elliot Biggs outline to Jonathan Swift why data, a…
Lloyd’s courts disruptive technology with accelerator launch
Lloyd’s of London’s innovation accelerator Lloyd’s Lab launched today, following a global hunt for technology talent.
Trireme acquires Lloyd’s broker MGB
U.S. Risk Insurance Group subsidiary Trireme Insurance Group has purchased MGB Insurance Brokers for an undisclosed sum.