Lloyd’s of London
Vandendael to leave Lloyd’s and take up CEO role at Everest
Lloyd’s chief commercial officer, Vincent Vandendael, is to leave the Corporation after almost six years, moving to Everest Insurance as CEO of International Insurance in early 2019.
This week in Post: Do you know who's on the other end of the phone?
We have all experienced that heart-stopping moment when our phone rings and our eyes are greeted with the dreaded: "No caller ID."
Lloyd’s underwriters given go ahead to insure Canadian cannabis risk
Underwriters at Lloyd’s of London have been informed that they can underwrite Canadian cannabis risk.
A museum of insurance: opening up the past to attract the future
When the Chartered Insurance Institute leaves Aldermanbury this month for a new home in the City, it will not be able to bring along many of the artifacts it has in storage. Post spoke to former president Reg Brown about how these could be rehoused in a…
Beat Capital snaps up Paraline syndicate
Venture capital firm Beat Capital Partners and Bermuda-based insurance holding company Paraline are to merge.
Losses expected as Hawaii bunkers down for cat 4 Hurricane
The insurance and reinsurance industry is braced for losses as category 4 Hurricane Lane continues to track towards the islands of Hawaii.
Lloyd’s managing agents call for greater ILS use
Some 80% of Lloyd’s managing agents would like to see insurance-linked securities become a permanent fixture in the reinsurance and insurance market.
Top 30 European insurers 2018: A year of steady growth for insurers
Overall, top-line growth for the 30 largest European insurers has been steady, reflecting the underlying economic conditions throughout Europe, explain Tim Prince and Yvette Essen, director of analytics and director of research at AM Best
Analysis: Military recruitment: A call to arms
As insurance tries to attract talent and adapt to emerging risks, the London market is increasingly turning towards the military for new recruits
LMG names Lebecq as CEO
The London Market Group has named JLT Speciality operation director Clare Lebecq as CEO.
Blog: MGAs need to know how secure their capacity is
Managing general agents are facing a capacity crunch and the 'decile 10' initiative by Lloyd's to remove underperforming business is increasing pressure, explains Chris Hardcastle, managing director of Capsicum Delegated Authority.
CNA Hardy's Dave Brosnan: "The bottom line is: diversity matters"
Dave Brosnan, CEO of CNA Hardy, explains why diversity is a business issue.
Interview: Jonathan Davidson, Financial Conduct Authority
Insurance has come under fire for the way it prices policies. Jonathan Davidson, director of retail at the Financial Conduct Authority, discusses the problem with Martin Croucher
Market must use consortium model to attack expense base, says Hiscox chair
Carriers in the London market must work together in consortiums to spread risk, combat rising expenses ratios and mitigate underwriting pressures, Hiscox chairman Robert Childs said.
Hiscox Retail helps drive 27% boost in group profit at H1
Hiscox saw pre-tax profit climb 27% to $164m (£125m) in the first half of 2018, with the insurer’s retail arm contributing more than half of that figure.
This week in Post: Insurance industry captures the heart and mind of at least one Millennial
Two years ago, when I told my friends that I got a job as an insurance journalist, they were baffled. They still are.
Video: Pauline Miller (Lloyd's), Jason Groves (Marsh) and Matthew Fosh (Axis) on Dive In 2018 and #time4inclusion
Time for inclusion is the theme of the fourth edition of the Dive In festival, which will take place in late September to encourage diversity in the insurance industry.
Lancashire sees premiums and profit dip at Q2
Bermuda-based Lancashire saw profits slip 15% and gross written premiums dive 4.3% in the second quarter of 2018.
Former Lloyd's chairman calls for second referendum on Brexit
Former chairman of Lloyd’s John Nelson has called for a second referendum on Brexit, urging UK business to galvanise the public to understand “the true realities” of what the UK is facing.
This week in Post: World Cup, Wimbledon, and Westminster
With the World Cup firmly in French hands and Novak Djokovic and Angelique Kerber crowned Wimbledon champions, it’s back to work for the insurance industry with all eyes turning to Westminster.
Beazley takes lead on £10m capacity PI consortium
Specialist carrier Beazley has launched a professional indemnity consortium large law firms based in the UK.
Blog: Lloyd’s successfully predicts World Cup winner for second time
This year’s World Cup in Russia has widely been regarded as one of the best ever.
Charles Taylor Managing Agency names Grint as CEO
Charles Taylor Managing Agency has appointed Colin Grint as CEO.
US sanctions a threat to Lloyd’s Iranian business
The return of US sanctions on Iran are likely to prevent the use of a Lloyd's IT platform for any Iranian insurance business, the markets chairman has said.