Lloyd’s of London
Editor's comment: Time for turning
As a mother, finding a consensus that makes all family members happy is often an issue.
Everest Re gains approval for Dublin post-Brexit hub
Everest Re has been granted in principle regulatory approval for a Dublin-based subsidiary.
Hiscox forecasts rates rise and $225m in Harvey and Irma claims
London market insurer Hiscox anticipates the combined net cost of claims from hurricanes Harvey and Irma to be around $225m (£170m).
Analysis: Modernising the market: how Lloyd’s of London is grappling with the task
Lloyd’s of London is again proving its appetite for development
Beazley anticipates $150m hit from Atlantic hurricanes and Mexico earthquakes
Beazley expects to take a $150m (£112m) hit on earnings as a result of hurricanes Harvey, Irma and Maria as well as the recent earthquakes in Mexico.
Lloyd's suspends H1 profit release to take stock of Harvey and Irma impact
Lloyd's has suspended the release of first-half profits until it can accurately assess the financial impact of Harvey and Irma, the market's chief financial officer has said.
More cost cutting for Lloyd’s, says CFO
Lloyd’s of London will remain focused on cutting costs, as the market continues to face pressure from mounting operating costs.
Lloyd’s sees 16% profit slip from ‘challenging’ conditions
Lloyd’s has seen a 16% fall in its pre-tax profits owing to “challenging” market conditions, its CEO said.
Charles Taylor win delegated authority contract from LMG
Charles Taylor InsureTech has been named as the London Market Groups preferred vendor for its delegated authority data project.
Dive in 2017: Diversity and inclusion must be authentic
Small firms needn't fear their lack of resources will make being diverse a challenge but must be authentic, a London market audience has been told.
Dive In 2017: Industry must do more to keep older talent
The insurance industry should be doing more to keep older talent in the workplace, a conference of industry professionals has heard.
Lloyd's names Scor cat modeller as risk aggregation chief
Lloyd’s of London has named Scor’s EMEA catastrophe head, Kirsten Mitchell-Wallace as head of risk aggregation.
Thomas Miller Specialty launches general aviation business
Thomas Miller Specialty has taken aim at the aviation insurance sector with the launch of a general aviation facility.
Dive In 2017: Workplace culture 'needs to change', says insurance sector
Seven out of ten insurance professionals believe their workplace culture needs to change, according to survey findings.
Skuld and Asta launch Agora syndicate 3268
Marine insurer Skuld and third-party managing agent Asta have received in principle approval from Lloyd’s to establish Agora syndicate 3268.
Pioneer and Asta to establish Lloyd's syndicate
Pioneer Underwriters and Asta have received “in principle” approval from Lloyd’s to establish a syndicate.
Lloyd’s and MGA market are growth areas for Davies Group: Saulter
Davies Group eyes up Lloyd's and MGA market as opportunity for growth, says CEO Dan Saulter.
Hurricane season highlights need to maintain adequate catastrophe loading, says Lloyd’s
The active hurricane season is a timely reminder for underwriters to maintain discipline and adequate catastrophe loading on rates, Lloyd’s Jon Hancock has said.
Harvey and Irma are not market turners, says Hancock
The financial fallout from hurricanes Harvey and Irma will not be enough to turn the market, according to Lloyd’s performance director Jon Hancock.
Lloyd’s sets sights on underinsured markets: Vandendael
Underinsured markets represent a major opportunity for Lloyd’s, the markets chief commercial officer has said.
Lloyd’s executive slams 'unsustainable' low interest rates
Lloyd’s of London chief commercial officer, Vincent Vandendael has slammed low interest rates as "unsustainable".
Am Trust applies to combine three syndicates
Am Trust has applied to Lloyd’s for approval to combine its three fully aligned non-life syndicates under one management.
Sciemus to rebrand after securing investing partnership
Specialty Lloyd’s managing general agent Sciemus is set to rebrand after securing an investing partnership with HSCM Bermuda.
Beale calls for ‘urgent’ flood insurance reform
Hurricane Harvey and Irma both highlight the problem of inadequate flood insurance and need for reform in the United States, Inga Beale has said.