Lloyd’s/London
Ex-Zurich corporate boss Green joins broker as director
Former Zurich corporate boss Steve Green has joined broker Anthony Jones as a director.
ICA claims revised Australia insurance code is "self-regulation benchmark"
Australia's revised General Insurance Code of Practice came into full effect today (30 June) after a 12 month transition.
Marketform launches specialist M&A insurance team
Lloyd's underwriter Marketform has appointed Astrid O’Reilly as its first mergers & acquisitions insurance underwriter as it expands into the specialist class.
Post news editor Callum Brodie declared journalist of the year at Biba awards
Post news editor Callum Brodie won a hat-trick of awards at the British Insurance Brokers’ Association journalist of the year awards this afternoon, including the top prize.
Market Moves - 22 June 2015
Find out who has moved where in the world of insurance this week.
Lloyd's issues stark El Nino food supply warning
Lloyd's has commissioned research which shows the potential huge impact an El Nino year could have on the world's food supplies.
Toby Esser resigns as CEO of Cooper Gay Swett & Crawford
Toby Esser has decided to step down as group CEO of Cooper Gay Swett & Crawford, the broking group has announced. Martin Sullivan, the non-executive chairman of CGSC, will assume Esser's responsibilities until a successor is announced.
LMA and IUA release Insurance Act guide
The Lloyd's Market Association and the International Underwriting Association have published a guide to the Insurance Act 2015 to help readers understand any potential challenges under the new law.
Fidelis model could usher in era of 'responsible underwriting', says Brindle
The business model pioneered by new insurance start-up Fidelis could stoke a move towards more “responsible underwriting”, according to CEO and chief underwriting officer Richard Brindle.
Career File: Bronek Masojoda - Hiscox CEO takes Pool Re non-exec role
Pool Re has appointed Hiscox CEO Bronek Masojoda as non-executive director.
Lancashire looks internally for CRO appointment
Lancashire Holdings has appointed group internal audit head Louise Wells as its group chief risk officer, effective 28 July.
Career development: Recognition for Chaucer's graduate scheme
Chaucer, the specialist Lloyd's insurance group, has been chosen as the ‘top company for graduates to work for in accountancy and insurance', for companies that take on less than 30 graduates a year, by The Job Crowd, a UK-based graduate job review…
AIG gives London market platform £6.5m capacity boost
AIG has increased the capacity available through its London market platform by $10m (£6.5m) across all financial lines and casualty products and for the exclusive use of the international wholesale market.
ANV adds three to syndicate consumer products team
ANV Holdings has appointed three people to its eight-strong consumer products team within Syndicate 5820 reporting to recently appointed active underwriter Bruce Whitmee.
Novae hails success of Syndicate 2007
Novae's gross written premium for Q1 2015 was £257.6m (Q1 2014: £195.1m), an increase of 32% (27.5% at constant exchange rates).
Hiscox sees Q1 GWP rise 12%
Hiscox has reported a 12% increase in gross written premiums for the three months ended 31 March 2015 to £561.7m (Q1 2014: £501.6m).
Markel reports 83% Q1 combined ratio
Markel Corporation saw a more than 10 percentage point improvement in its combined ratio for the first quarter of 2015 to 83% from 95% in Q1 2014.
XL Catlin company name to be launched as protracted takeover is concluded
The takeover of Catlin by XL will result in the combined entity being marketed as XL Catlin as part of a global advertising campaign to be launched next week.
Scheme of arrangement for XL's takeover of Catlin becomes effective
The scheme of arrangement under section 99 of the Companies Act 1981 pursuant to which XL Group has acquired the entire issued and to be issued share capital of Catlin Group has become effective.
Zhang to exit Markel after Shanghai office opening
Steven Zhang, chief representative of Markel's Beijing office, will be leaving the company after helping establish the Shanghai office.
Quotas not seen as the cure for lack of London market diversity
London market professionals have acknowledged more needs to be done to overcome its historic lack of inclusivity, but have stopped short of backing a quota system as a means to increase diversity in the marketplace.
Penny Black’s Insurance Week - 30 April 2015
Penny has some sympathy for company recruiters these days, with many fearful of cracking a joke in case a poorly judged remark lands them on the wrong side of an employment tribunal.
Brit appoints South America expert from Swiss Re
Guillermo Eslava has left Swiss Re to become vice president, casualty reinsurance for Latin America and the Caribbean at Brit.
Aspen ‘operating on all cylinders' in Q1
Aspen Insurance Holdings has reported a net income after tax of $128m (£85.5m) for the three months ended 31 March 2015 alongside a 7.4% increase in gross written premiums.