Latest Lloyd's & London Market News
The firm pinned a decline in net investment income of roughly 90% for the first half of the year on rising interest rates in the US, although chief executive Andrew Horton is adamant that these hikes will offer increased returns by year's end.
Liberty expands team with two senior underwriting roles filled by ex-AIG underwriting managers.
The insurance industry must create solutions for a sharing economy and needs to modernise its traditional ways, says a joint study from Lloyd’s and Deloitte.
Ian Curtin, formerly of Marsh, has joined Miller to lead its energy construction team.
Capacity and regulation are the biggest concerns for MGAs, ahead of worries about the possible impacts of Brexit on their businesses.
Charles Taylor Managing Agency has appointed Colin Grint as its new CEO, replacing interim Robert Andrews.
A statistic being frequently cited in the industry alarmingly suggests that 98.9% of underwriters will be replaced by automation in coming years. Reactions considers this, and whether incumbent underwriters should be worried.
Damian Cleary joins BLM as head of London Market, and Gavin Coull as head of reinsurance, both join from the London office of US based law firm Foran Glennon.
Former MS Amlin senior real estate underwriter Christopher Box has joined European Property Underwriting Ltd as it looks to grow into the UK and European property owner risks space.
One of the first brokers to build a book of cyber business, Chris Cotterell explains that the cyber market has come full circle.
Unstructured and underused data may be a gold mine for re/insurers according to CSC and Xchanging.
Xceedance CEO Arun Valakrishnan highlights the wealth of Indian tech talent that re/insurance businesses are failing to employ.
Willis Re’s chief executive John Cavanagh remains optimistic at his company’s future growth prospects even though market conditions are tough.
BMS has undergone a comprehensive revamp – strategically and financially – since June last year. One year on, Reactions talks with BMS Group CEO Nick Cook to find out more about the ambitious five year strategy the broker is implementing.
Hiscox Re has scaled back at recent renewals, reducing its concentration on property catastrophe.
Pool Re CEO Julian Enoizi spoke to Reactions about the new deal struck with the Treasury and the changes he is now driving through to modernise the UK'?s terrorism risk reinsurance pool.
Profiles: Contrary to the diverse consumer base insurance serves, most industry C-suites are dominated by white, older men. Reactions speaks to some of the industry’s most renowned women as well as what can be done to get more women in the industry.
Novae can start considering acquisitions rather than being acquired since share value has soared above book value, Novae’s CEO tells Reactions.
In this month's Reactions