Lloyd’s of London
Beazley’s pre-tax profit halves in 2018
Results impacted by catastrophe claims but provider continues to see broker opportunities from Birmingham base.
#Insagepeople: 4 - 8 February 2019
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PRA CEO letter warns action is needed on cyber
Regulator calls on providers to cover more ground on cyber in relation to risk management, risk appetite and strategy, and pledges to continue to keep cyber insurance underwriting risk under review.
#Insagepeople: 28 January - 3 February 2019
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Hiscox and Lloyd’s respond to 9/11 hacker reports
The providers confirm they have not suffered a cyber breach in relation to this incident and Hiscox says that the information was originally stolen from a US law firm last year.
Quizzical questions: 04 January 2019
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CPP Group and DeCyber launch online security products for sports clubs
New solutions are provided in combination with cyber cover from Lloyd’s and are available for brokers to sell.
China Re completes Chaucer deal
Regulatory approval followed sale price of $950m being confirmed last September.
#Insagepeople: 17 - 23 December 2018
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Review of the year: August 2018
During the August heatwave brokers were more interested in Allianz taking its first step into Lloyd's, Co-op Insurance being up for sale, Broker Network exclusively revealing its spending spree prices and broker commission than the hot weather.
MGA Fiducia and Hiscox sever marine cargo ties
The MGA stated that the timing of the the Lloyd's review was a contributing factor in the decision.
Professional indemnity rates set to harden
Less capacity to drive up rates as Loyd's syndicates cut back or pull out of PI.
InsurTech Futures: Lloyd’s Lab starts search for second tech start-up cohort
First global talent search drew in almost 220 applications from 36 different countries.
Schemes and insurers jet in for brokers after Ageas’ partial travel exit
Providers “hungry” for business.
#Insagepeople: 26 - 30 November 2018
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Chief operating officer Shirine Khoury-Haq to leave Lloyd's
She will stay on until the first half of 2019.
#Insagepeople: 05 - 09 November 2018
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Miller buys Alston Gayler and Co
Alston Gayler is an independent London market broker and Miller said the move would enhance its wholesale and specialist broking capability.
Tasker set to make acquisitions
CEO Robert Organ on bringing the business together, learnings from Bluefin and why Tasker will not become a new consolidator.
Axa XL names new CUO for London market wholesale
Dan Curran takes over from Paul Greensmith who was recently appointed UK CEO of Catlin Underwriting Agencies and XL Catlin Insurance.
PIB’s purchase prices revealed
Consolidator moved into Ebitdae profit in 2017.
The Blog Spot: Dive in and take action
As this year's Dive In Festival takes place, Ida Axling calls on the industry to change its ways.
Quizzical questions: 21 September 2018
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Lloyd’s first half profits fall again
Market reports £600m pre-tax result.