Lloyd’s of London
Brexit and PPL top of the agenda for Liiba
The London and International Insurance Brokers’ Association is to focus on getting brokers signed up to electronic trading platform Placing Platform Limited over 2018.
Volante launches first London Market MGA
Volante has launched Edison Motor, its first London Market-based managing general agent.
Axis faces $130m nat cat loss in fourth quarter
Axis Capital estimates it will take a $130m hit as a result of fourth quarter catastrophe and weather-related losses.
Beazley predicts to beat analysts on 2017 earnings
Lloyd’s carrier Beazley said it expects to post a pre-tax profit for 2017, ahead of market expectations and in despite of hefty nat cat bills in the fourth quarter.
Nexus names insurance CEO ahead of potential IPO or sale
Nexus Group has named Mike Sibthorpe as CEO of its insurance and reinsurance business as the business gears up for a potential sale in 2018.
Lloyd's to open Brussels hub in January 2019
Lloyd's will open its Brussels unit by January next year, according to reports.
Lloyd’s goes to court to stop climbers of its iconic building
Lloyd’s of London is to take on daredevil climbing enthusiasts by seeking an injunction to stop people from climbing its iconic Lime Street building.
Legal expenses in Asia: Q+A with Antares' Mark Waters
Mark Waters, legal expenses underwriter at Lloyd's (re)insurer Antares, on promoting legal expenses cover for Asian businesses.
Blog: Driving efficiency and automation by breaking down data silos
Some underwriters are still reviewing data manually but Rodrigo DeCossio, UK insurance lead at Mark Logic, suggests 2018 might be the year to automate these processes and drive more efficiency in underwriting.
Axis to consolidate Lloyd’s business into Syndicate 1686
Axis Capital has initiated plans to consolidate its Lloyd’s business into Axis Syndicate 1686.
PCS to launch terrorism risk model
Property Claim Services is to launch a specialty lines loss aggregation solution for terror in the first quarter of 2018.
Neon launches UK’s first ILS vehicle
Lloyd’s carrier Neon has launched the first Insurance Linked Securities vehicle in the UK, NCM Re and raised third party capital to support the UK’s first ILS transaction.
John Nelson awarded CBE in honours list
Former Lloyd’s chairman John Nelson received an accolade in the Queen’s honours list.
Post Power List 2018
2018 is likely to be a year dominated by data regulation, more Brexit negotiations and further Ogden reform and, as such, the key influencers reflect this
Post Power List 2018: Inga Beale
CEO, Lloyd's of London
Post Power List 2018: Bronek Masojada
Group CEO, Hiscox
Analysis: The new Brexit landscape
Insurers look for alternative bases
Lloyd’s insurers add £3bn in capital following storms
Lloyd’s carriers have added £3bn in capital in the wake of natural disasters in 2017.
Vibe launches MGA Plus Risk
A Lloyd’s managing general agent, Plus Risk, has been established by Vibe.
Legal Update: Conflicts of interest in the insurance distribution chain
As they prepare for the Insurance Distribution Directive, insurers and brokers need to be wary of conflicts of interest, which the Financial Conduct Authority has been monitoring closely, explain Roseyna Jahangir and Juanita Morrison, associate and…
PIB Group acquires Citynet
PIB Group has bought Citynet Insurance Brokers.
Structured Data Capture now live for all classes of business
The first phase of Structured Data Capture is now complete and live across all classes of business in the Lloyd’s market.
BP Marsh takes £5m stake in EC3 Brokers
BP Marsh has taken a 20% equity stake in Lloyd’s broker EC3 Brokers for a cash consideration of £5m.
Marsh names Moody as CEO of UK specialties
Broking giant Marsh has named Paul Moody as CEO of its UK specialties division.