Lloyd's/London
Interview: Patrick Tiernan, Aviva
Aviva Global Corporate & Specialty's new managing director Patrick Tiernan is confident of profitable growth. He tells Jonathan Swift how he hopes to take the business to the next level.
Berkshire becomes third-largest reinsurer on back of AIG deal
Warren Buffett’s Berkshire Hathaway became the world's third-largest reinsurer in 2017, ending European dominance over the top four.
Roundtable: Digital innovation in commercial lines
The terms commercial lines and digital aren't often spoken together - is the problem that the industry doesn't talk about it or is it really not happening in the market?
This week in Post: GDP what?
My colleagues have come up with a creative idea to celebrate the General Data Protection Regulation. First you create a GDPR cocktail with gin, Drambuie, prosecco and rum. Then you take a sip every time you receive an email asking you to update your…
Lloyd's Brussels gets regulatory green light, Vandendael named CEO
Lloyd’s has received regulatory approval from the National Bank of Belgium for its Brussels subsidiary.
Interview: John Ludlow, Airmic
With business models facing increasing threats from more directions than ever before, John Ludlow, CEO of the Association of Insurance and Risk Managers, spoke to Post weeks before its members gather in Liverpool and he warned risk managers need to be at…
Analysis: How Lloyd's is faring in the Middle East
As economies in the Middle East diversify, new opportunities for insurers and reinsurers are beginning to show themselves. Is the London Market taking full advantage?
Analysis: 2018: A space policy
The UK is contemplating liability options as it wants to allow satellite launches from its soil.
Airmic’s John Ludlow on why diversity and equality have become a business imperative
John Ludlow, CEO of the Association of Insurance and Risk Managers, on lessons learnt the hard way and why diversity makes good commercial sense.
Lloyd’s severs links with NRA following inquiry
Lloyd’s has instructed underwriters to no longer do business with the National Rifle Association of America, following fines on Chubb and Lockton.
Analysis: Tracking rail risks
Railways are travelling through a changing landscape of severe weather risks and terror perils, but perhaps none so arresting as the cyber threats raised by their new reliance on digital connectivity
Charles Taylor Insuretech to lead Lloyd's delegated authority solution
Charles Taylor Insuretech has been chosen to deliver a delegated authority solution to the Lloyd’s and London market.
Lancashire profit jumps 48% in Q1
Property and casualty insurer Lancashire Holdings saw a 48% jump in pre-tax profit for the first-quarter.
Lloyd's CFO Parry to depart in 2019
Lloyd’s chief financial officer John Parry, has decided to leave the Corporation after 17 years.
Rate increases remain inconsistent, says JLT
Rate increases remain inconsistent with rises largely limited to loss effective lines of business, according to Jardine Lloyd Thompson.
Insurers should re-examine attitude to chemical weapons following Salisbury incident
The insurance sector should re-examine its attitude towards business interruption and chemical weapon exclusions in the wake of the Salisbury incident, according to Pool Re.
Lloyd’s starts hiring for Brussels subsidiary
Lloyd’s has started hiring staff for its Brussels subsidiary.
Lloyd's appoints partners on insurtech lab
Lloyd’s has appointed insurtech specialist L Marks and The Boston Consulting Group to support the set up and operation of its Innovation Lab.
AIG moves European business to new UK and Luxembourg units
AIG has formed new insurance companies in the UK and Luxembourg that will see all business transferred to the new entities ahead of the UK leaving the European Union.
Brexit sends Anglo-American trade deal into disarray
The uncertainty surrounding Britain’s departure from the European Union has sent the prospect of a possible Anglo-American trade deal into question, the Lloyd’s market has heard.
Business leaders ‘turning their backs on Europe’
UK business leaders have turned their backs on Europe as political uncertainty and regulatory concerns see decision-makers’ focus on the domestic market, according to survey findings.
Silent cyber holding back insurance market, survey claims
Silent cyber risk is the largest inhibitor to the growth of cyber insurance, according to a Post survey.
London Market launches permanent body to manage market services
The London Market Group has launched London Insurance Market Operations & Strategic Sourcing, a permanent body to manage market services.
Blog: Can GDPR alter the public mindset on data protection?
GDPR could help build a culture where protection of virtual assets is seen to be as important as locking the front door. Paul Dix, the vice president of insurance at CGI, explains the opportunities for insurers if this scenario works out.