Lloyd’s/London
Career Development: CII’s New Generation Group launches for 2016
The Chartered Insurance Institute’s New Generation Group, class of 2016, met for the first time at the launch event held in London on 23 October.
CFC expands healthcare offering with medical malpractice account
Lloyd's managing general agent CFC is to enter the medical malpractice market and has poached two people from WR Berkley to run the account.
Lloyd's India agreement imminent, says head of global markets
Vincent Vandendael, director - global markets, Lloyd's has told Post an agreement for a Lloyd's reinsurance market to open in India is imminent.
Diversity on the agenda as industry welcomes succession planning scrutiny
Clearer guidance on succession planning for boards is needed across the insurance industry, with analysts and industry players agreeing the Financial Reporting Council’s discussion paper on the issue is a timely step.
Changes on board for Tokio Marine Kiln group
Tokio Marine Kiln will merge the board leadership at two of their businesses with changes to come into effect from 1 January next year.
London heads to Dubai for inaugural Islamic Insurance conference
The Islamic Insurance Association of London (IIAL) will hold its first conference with the Islamic insurance and risk community in Dubai next Sunday (8 November) to see how the sector can move to the next level.
Tokio Marine and PICC agree to offer IP protection for Chinese companies
Tokio Marine Kiln has agreed with Chinese giant PICC to provide intellectual property infringement liability insurance to Chinese companies.
Asta granted 'in principle' approval for £46m GWP Skuld syndicate
Asta Managing Agency has been granted 'in principle' approval from Lloyd's to set-up special purpose syndicate 6126 that has planned gross written premiums of £46m for 2016.
Argo Global hires marine leader in China
Lloyd's syndicate Argo Global has hired Willis China's former head of trade and logistics Yan Jun as its China marine underwriting manager.
Interview: Heather Wheeler: Picking up the baton
Heather Wheeler MP has taken over as chair of the All Party Parliamentary Group for Insurance and Financial Services. She talks to Post about her leadership style and what issues are on the agenda
Product liability comes to fore as motor manufacturers take on autonomous vehicle liability
Motor manufacturers accepting liability for autonomous vehicle crashes does not signal the demise of motor insurance, according to industry experts, who have suggested developments will instead lead to product liability playing a more prominent role.
IUA hires Mullan to oversee modernisation projects
The International Underwriting Association has appointed Caroline Mullan as a project management consultant to help with implementing London market modernisation projects.
Marketform announces quartet of hires to M&A team
Specialist Lloyd's underwriter Marketform has hired four mergers and acquisitions specialists to spearhead a new team launched today (23 October).
Lloyd's approves first Mexican insurer to join platform
Lloyd's has given in principle approval for the Mexican insurer Patria Re to join its platform.
Lloyd's pledges co-operation with China Taiping Insurance Group
Lloyd's has signed a Memorandum of Understanding with the China Taiping Insurance Group, marking a significant level of co-operation between the two.
London market claims system Write-Back goes live
Write-Back, the system that allows the IT systems of Lloyd’s managing agents to interact fully with the market’s central claims systems, went live on 17 October, supported by eight carriers.
Inga Beale tops list of most influential LGBT executives
Lloyd's CEO Inga Beale has topped a list of the leading lesbian, gay, bisexual and transgender executives in the country.
Absence of specialist underwriters sees Lloyd's cyber risk appetite shrink
Absence of a specialist underwriter and failing to recognise cyber exposure in pricing and capital models have been cited as reasons for Lloyd's potentially limiting the amount of cyber insurance it writes, as UK government data estimates 2.5 million…
Powell to lead terrorism division at Acappella Syndicate 2014
Acappella Syndicate 2014 has appointed Jonathan Powell as divisional head of its new war, terrorism and political violence division.
Lang joins ArgoGlobal as COO
ArgoGlobal has hired Lloyd's former chief data officer David Lang as its new COO.
Ferma 2015: Lloyd's and Ferma to launch ‘masters' training programme
The Federation of European Risk Management Associations and Lloyd's today (6 October) launched the third edition of their joint professional development programme, including a masters' day for experienced risk managers.
Compre given capital backing for acquisition trail after CPBE deal completes
Private equity house CBPE Capital has pledged that extra capital will be available to fund acquisitions following the completion of its takeover of UK-based legacy specialist Compre for an undisclosed sum.
Willis sells stake in Miller to US giant
BB&T IHC International is buying a 16.9% stake in Miller Insurance from Willis for an undisclosed sum.
Impact Forum: Insurers need to reclaim the aviation market
Insurers need to regain control of the aviation market before it is too late, according to Olivier Marre, senior vice-president of aviation at Allied World.