Lloyd’s/London
LMG adds three new lines to PPL
Three new lines of business will launch on the London Market electronic placing platform PPL on Monday.
London market costs 'unsustainable' says Argo CEO
The cost of doing business in the London Market is unsustainable, says Argo Group CEO Mark Watson.
Markel enters marine PI market with Galleon deal
Markel International has acquired specialist marine MGA Galleon for an undisclosed sum.
Blenheim brings together former Cathedral team
Blenheim syndicate has confirmed new appointments in its property treaty and direct and facultative property teams.
The secret battle at Lloyd's: Forgetting your Names
The capital provided by Names at Lloyd’s has fallen from 100% to just 10% – are we seeing the end of a long tradition?
Nephila Capital and Blenheim strike capital deal
Nephila Capital and Blenheim Syndicate have entered into a capital relationship.
Hiscox offers $1bn fine art consortium
Hiscox has launched a new $1bn fine art consortium to better handle placing large risks within Lloyd’s.
Blenheim Syndicate launches with capacity of £150m
Blenheim Syndicate has been granted permission by Lloyd’s to launch, with a capacity of £150m for year one.
Cobalt gets Lloyd's go ahead on Shariah compliant syndicate
Cobalt is to launch Lloyd’s first fully Shariah compliant syndicate, having received 'in principle' approval from the Lloyd's Franchise Board.
Hard Brexit puts £7.3bn of London premiums at risk
More than £7.3bn of premium in the London market will be potentially affected by a change to passporting arrangements following Brexit.
Besso in talks over possible sale
Investor BP Marsh is in talks with “various interested parties” over the sale of Lloyd’s broker Besso.
Foo Fighters withdraw suit against Lloyd’s insurers
A legal battle between the Foo Fighters and Lloyd’s of London insurers over compensation for cancellation of shows has been settled.
Asta promotes Peter Brightman to syndicate finance head
Asta has promoted Peter Brightman to head of syndicate finance succeeding Anthony Gordon, who is retiring.
Brexit a 'stumbling block' for globalisation, Lloyd's Asia boss warns
The head of Lloyd's Asia-Pacific has described Brexit as "one of the biggest stumbling blocks for globalisation".
Dashfield and Thorstensson step down from top jobs at Sirius
Sirius International Managing Agency has experienced senior management changes at its Lloyd’s managing agency.
Week in Post: Socials, swingers, and share sales
This week editorial staff at Post and sister title Insurance Age held their annual team social. After a popular vote, we took the unusual step of visiting a swingers club.
Torlea buys Lloyd's broker Kinetic
Torlea Group has bought Kinetic Insurance Brokers.
Besso Insurance Group reports 16% increase in brokerage as turnover hits £37.6m
Besso Insurance Group has reported a strong increase in its brokerage income in its 2015 results as turnover currently stands at £37.6m with pre-tax profits of £5.26m.
Lau swaps XL Catlin for Tokio Marine Kiln in Hong Kong
Tokio Marine Kiln has appointed Kin Lau as head of the international insurer's Hong Kong office.
Week in Post: Moving house, losing trust, and diversity
Having recently moved from the outskirts of London to Somerset to increase my rebellious teenage son's chances of staying at school, I now understand why Londoners might be considered slightly arrogant.
This week: Patronuses, start-ups and blockchain
As J K Rowling continues to delight fans with updated ebooks on her website Pottermore this week we learnt a bit more about our team mates on Post as a new feature was released.
Lloyd's may look to EU member states on a 'bilateral basis' following Brexit
Lloyd's of London may approach each EU member state individually following Brexit, with the possibility of setting up more than one European centre.
Video: Dive In - Hugh Hessing, Virginia Clegg and Pauline Miller on the importance of diversity and inclusion
With a week to go until Lloyd's Dive in festival Hugh Hessing of Aviva Ireland, Pauline Miller of Lloyd’s of London, and Virginia Clegg of DAC Beachcroft talk about why diversity in insurance is important.
AIG sells Ascot stake to Canadian pension firm
Insurance giant AIG has sold its 20% stake in Ascot Underwriting and fully-owned subsidiary Ascot Corporate Name to the Canada Pension Plan Investment Board for $1.1bn (£840m).