Lloyd's/London
Investment returns drive Beazley half-year profit as it strengthens cat reserves
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.
Opponents of diversity 'shouldn’t be working in this marketplace': Miller CEO
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.
Lloyd's modernisation proposals receive positive consultation response
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 in Post: 25 years of the British Insurance Awards
This week the best and brightest in the insurance community gathered in the Royal Albert Hall for the 25th British Insurance Awards.
Allianz and LV win big at 2019 British Insurance Awards: Full list of winners
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: Reputation, climate change and technology
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 cracks down on silent cyber risk with new mandate
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 issues e-placement targets as Neal outlines future performance review regime
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 response to culture concerns 'not enough' says Neal
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”.
Blog: How you can make a difference by supporting Alzheimer's Society at the 2019 BIAs
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 recruits Willis' Smaje to head aerospace brokerage
BGC has appointed Philip Smaje as CEO of its global aviation and space reinsurance brokerage.
Allianz appoints Tom Leonard as London regional manager
Allianz Insurance has appointed Tom Leonard as its London regional manager.
Price Forbes launches security risks practice
The Ardonagh Group’s Price Forbes has launched a security risks practice, as JLT staff move to the broker.
This week: Court's adjourned?
Arnold Schwarzenegger’s decapitated head kicked off its last outing on our television screens this week as the FCA counts down to the PPI deadline on 29 August. However, as one battle comes to an end, another may be just beginning.
Lloyd's assembles industry leaders to guide modernising efforts
Lloyd’s of London has established two advisory committees featuring prominent industry figures to support its ongoing modernising strategy.
Tokio Marine Kiln Insurance to enter run-off next month
Tokio Marine Kiln Insurance will enter run off, as the group refocuses its UK business on Lloyd’s.
Industry pays tribute to former Lloyd’s executive Mike Wilson
Mike Wilson, the former head of Lloyd’s Policy Signing Office in Kent has died.
Guy Carpenter suspends senior boss following harassment claims
Exclusive: A senior boss at Marsh sister company Guy Carpenter has been suspended over “rude and offensive” comments about a female member of staff.
Insurtech Gateway targets up to £30m of investments with insurer fund
Incubator Insurtech Gateway has launched a new investment fund today backed by insurance companies that is aiming to raise and inject up to £30m in start-ups between now and 2023.
CII launches historic website as Insurance Museum project gathers momentum
Exclusive: The working group looking into the feasibility of an insurance museum in the Square Mile has rejected the idea of hosting exhibits within the new Museum of London in favour of a stand-alone site, should there be enough interest.
Stubben Edge looks to growth after £1.2m investment led by Saracens chairman
Exclusive: Tech firm and managing general agent Stubben Edge is seeking growth after a £1.2m raise led by Saracens chairman Nigel Wray and analyst Eamonn Flanagan.
Analysis: Diversity and Inclusion: A marked shift in commitment
Diversity and inclusion have moved from buzzwords to being embraced by the insurance industry for all the right reasons but is it doing enough?
Crawford boosts senior team with Axa and Zurich hires
Crawford & Company has bolstered its client relationship function with a trio of senior hires from major insurers.