Lloyd’s/London
La Playa achieves Lloyd’s status
Boutique broker La Playa has been approved as a registered Lloyd’s broker.
Axis appoints Brown to lead London PL and MGA growth
Axis has appointed Julian Brown to lead its London market professional lines managing general agency growth.
Fowle succeeds Slabbert as Chaucer CEO
Chaucer's Chief underwriting officer John Fowle has been promoted to CEO of Chaucer Syndicates, parent company Hanover has announced.
Airmic's John Hurrell on why insurers should assess risk culture
It is a well-established practice for underwriters to take into account risk management performance when assessing the risk profile of a business.
Bruce Carnegie-Brown confirmed as next chairman of Lloyd’s
Bruce Carnegie-Brown is to become the chairman of Lloyd’s of London.
RSA's Thomas on how partners can serve your customers better than branches
The future of overseas trading for UK businesses is somewhat clouded by the uncertainty of a post-Brexit world. But what's clear is that it is not just the giants of UK industry that have to grapple with how to work within new rules and channels for…
Week in Post: Moves and booze
For the first time ever, I had to purchase home insurance this week and despite working with the insurance industry, I had no idea how to go about it. So I ended up on an aggregator site.
Aegis Syndicate 1225 posts £56m profit
Aegis London’s Lloyd’s Syndicate 1225 delivered profits of £56m for the year ending 31 December 2016.
Tokio Marine Kiln syndicate hits 2014 forecasts
Tokio Marine Kiln’s Lloyd’s Syndicates have delivered profits for the 2014 year of account, with 510 and 557 achieving their highest return on capacity in recent years.
'They can try and take our pints but they'll never take our freedom'
Lloyd's may have called time on its staff drinking during work hours, but by early afternoon yesterday the bars were thriving with raucous brokers and underwriters.
ILS market hits $75bn in 2016, says WCMA
Non-life insurance-linked securities grew to $75bn (£60bn) in 2016 overcoming a tough operating environment, according to Willis Capital Markets & Advisory.
Catastrophe bonds: A good year for disaster
Catastrophe bonds were invented in the early 1990s to help insurance companies mitigate the risk of major disasters. With storms brewing both politically and environmentally, can the catastrophe bond market open new doors to insurers in 2017?
Lloyd's employees given business hours alcohol ban
Around 1000 employees worldwide at Lloyd's of London will no longer be able to consume alcohol during business hours from Monday to Friday.
Neon appoints Pritchard as property head
Neon has appointed of Nick Pritchard as head of property reinsurance.
Talbot launches Lloyd's led terror facilities
Validus subsidiary Talbot Underwriting has launched three Lloyd’s led terror facilities in the Singapore, Latin American and Dubai markets.
Novae promotes Trueman to chief innovation officer
Novae has promoted Dan Trueman to the role of chief innovation officer
Liberty syndicate adds onshore energy & construction
Liberty Specialty Markets is to expand its syndicate business in Lloyd’s to include onshore energy and construction.
Hiscox backs cyber capacity for Towergate MGA Fusion
Towergate-backed managing general agent Fusion has launched a cyber and data product offering limits of up to £5m.
Argo completes Ariel Re deal
Bermuda-based Argo has closed its acquisition of Lloyd's insurer Ariel Re.
Nexus Group's Colin Thompson on the evolution of MGAs
With more than 300 UK-based managing general agents underwriting roughly £5bn - circa 10% of the UK general insurance market - the MGA is already firmly established within the London market providing a key access point to local markets and the ability to…
Brit appoints programmes VP
Brit has appointed Tim Chesson as senior vice-president of programs for Brit’s US Global speciality business.
Beazley acquires Creechurch Underwriters
Beazley has expanded its Canadian footprint with the acquisition of specialist managing general agent, Creechurch Underwriters.
XL's Jadine and Brit's Wilson join LMG board
The London Market Group has appointment Paul Jardine, executive vice president and chief experience officer of XL Group and Matthew Wilson, Group CEO of Brit, to its board.
Beazley posts 3% profit boost thanks to strong investment returns
Beazley reported a 3% increase in full-year pre-tax profits of $293.2m (£234m) thanks to strong investment returns and a benign claims environment.