Lloyd’s/London
Cathedral leads consortia for Germanwings A320 war policy
Lancashire-owned Cathedral is leading the consortia on the Lufthansa war policy for the Germanwings Airbus A320 plane that crashed in France on 24 March.
Heritage Insurance granted Lloyd's registered broker status
Heritage Insurance has been granted Lloyd's registered broker status; a move that allows Heritage Insurance Solutions, the Financial Conduct Authority-regulated arm of Guernsey-headquartered Heritage Group, to place business directly with Lloyd's…
Editor's comment: Moving with the times
Cyber is the watchword of this generation and it’s hard to image how our world would function without all the technology we use every day.
Diverse recruitment required if London is to secure global cyber dominance
Greater cross-industry collaboration and a significant recruitment drive are needed if London is to fulfil its ambition to become a global cyber insurance hub, according to London market firms.
MGAA launches talent development programme
The Managing General Agents' Association has launched an initiative to increase talent development in the sector.
Employers' liability MGA Concordia launches
Employers' liability managing general agent Concordia has launched facilitated by Ambant Underwriting Services.
Under-35s urged to actively shape London market's future
Willis deputy CEO and London Market Group chair Steve Hearn has called on Lloyd's and London market employees under the age of 35 to play an active role in shaping the future of the sector.
Lloyd's opens licensed Beijing branch
Lloyd's has opened a branch in Beijing to capitalise on growth opportunities in China.
Insurance giants ready India investment after FDI law passed
There is expected to be a flurry of movement in the Indian insurance market following India's government decision to increase the FDI cap.
Lloyd's Asia to switch Singapore office
Lloyd's Asia will move out of Asia Square in the final quarter of 2015 to new offices in Raffles Place.
Lloyd's recruits Asia-Pacific broker head
Lloyd's has appointed Chris Rummery in a newly created role - senior market development manager for Asia-Pacific.
Ambant to extend MGA offering following Heritage investment
Guernsey-based Heritage Group has acquired a 33% stake in managing general agent launch specialist Ambant Underwriting Services.
Xchanging sees flat results for operating profit for 2014
Xchanging has posted 0.5% rise in operating profit for the full year 2014, according to its latest results.
Brit 2014 profits climb 40% as investment returns skyrocket
UK-based insurer Brit's after tax profits were £139m last year compared to £99.5m the previous year, up 39.7%, as its investment returns rocketed 38.4% year on year.
Broker Consolidation: When two become one
Merger and acquisition activity in the broker sector is set to continue in 2015. What are the potential pitfalls and how can they be avoided?
Novae tipped as next listed player to be sold as Lloyd's consolidation hots up
Pressure on profitability in the Lloyd’s market has been cited among the main drivers for consolidation by analysts, with Novae tipped to become the latest listed player to be snapped up.
Ascot and Beazley named among claims service improvers in Gracechurch report
Ascot, Beazley and RSA are among the London market insurers that have increased their net satisfaction ranking for claims service, according to research from Gracechurch consulting.
Who killed Lucy Beale has nothing on AJ Gallagher - Towergate for soapy intrigue
It is amazing how often words come back to haunt people.
CMA inviting comments on Willis and Miller merger
The Competition and Markets Authority is asking for comments on the anticipated acquisition by Willis Group Holdings of Miller Insurance Services.
Novae promotes Butcher to syndicates CEO
Novae has promoted Jo Butcher to Novae Syndicates CEO and Rob Forster to chief underwriting officer.
Ascot sees 2014 profits slide as CEO predicts 'challenging' year of trading
Ascot Underwriting CEO Andrew Brooks has vowed to maintain underwriting discipline amid a “challenging trading environment” in 2015, after the firm reported a dip in pre-tax profits last year.
ERS reports first full-year profit in five years
ERS has reported a full calendar year profit for the first time in five years, a £28m improvement year-on-year.
Charles Taylor announces double acquisition
Charles Taylor has announced two acquisitions from the Standard Club; a 50.1% stake of Almond One and a 100% stake of Almond Two.
Fairfax launches equity financing after Brit offer
Fairfax Financial Holdings has launched a C$650m (£337m) equity financing in light of the positive impact of its recommended cash offer for specialist insurer Brit on 17 February.