Lloyd’s of London
“Challenging conditions” cause Lloyd’s profit slip
Pre-tax profits have fallen to £1.22bn for the first six months of 2017 compared to £1.46bn last year.
Dive In: 71% of insurance workers want culture change
Survey reveals insurance staff believe culture within firms needs to change as diversity festival Dive In kicks off.
#Insagepeople: 25 September - 1 October
Keep up to date with all the latest people moves.
Leadenhall Market evacuated after “suspicious package”
A number of insurance brokers are based around the historic market which was closed by City of London Police while investigations took place.
CFC launches dark web monitoring tool
MGA says CFC BreachAlert will notify policyholders in real-time if any of their data is posted on the dark web.
ERS launches agriculture operations team
Insurer says move follows feedback from brokers wanting easy access to its agricultural operations.
Tokio Marine Group picks Luxembourg as post-Brexit base
According to the firm its aim is to have the new insurance company incorporated and capitalised within the first half of 2018.
Servca launches wholesale medical malpractice policy
Policy is underwritten by Lloyd's and London market ‘A’ rated capacity.
Broking break: Your Top Five
Deals, bribery offences, Arnold Schwarzenegger and Kanye West hit the headlines this week and make up the five most popular stories.
Lloyd's syndicates file counterclaim in Kanye West $10m insurance claim
Insurers file countersuit to rapper’s demand for payout for cancelled dates, saying it has found discrepancies in his medical history.
ABI slams “unnecessary, unworkable and unfair” motor ruling
ABI warns that owners of vehicles like golf buggies and motorised lawnmowers could be forced to take out third party insurance unless the European Commission takes action.
Tasker Insurance names Robert Organ as new CEO
Former Bluefin CEO replaces founder and current chief executive Paul Tasker.
Quizzical questions: 04 August 2017
Test your knowledge of the week's news with our topical quiz.
Inga Beale named as new CII president
In addition, Jonathan Clark is elected as new CII deputy president.
Kanye West sues Lloyd’s over cancelled gigs
The rapper is suing a number of Lloyd’s syndicates for $10m.
Financial Surety launches travel facility
Products include cover for airline failure, supplier failure and terrorism.
Direct Group launches commercial combined product
Product is aimed at SMEs with average premium under £10,000.
Major cyber attack could trigger losses of £40.5bn, says Lloyd’s
Lloyd’s research has shown that an extreme cyber attack could cause losses equivalent to a catastrophic natural disaster.
Nexus buys trade credit MGA Equinox
Current management team to stay on following the deal.
Blog: The post-Brexit market move
What does it mean for the UK insurance sector that insurers are moving parts of their businesses to other countries?
Diversity festival Dive In 2017 opens for registration
Delegates can now get tickets for the third Dive In festival for diversity and inclusion.
Axis buys Novae for £468m
The board of the Lloyd's insurer to "unanimously recommend" the offer.
FCA in the cold on European Brexit talks
Chief Andrew Bailey confirms that the regulator is not involved in all regulatory discussions on the UK’s EU exit.
#Insagepeople: 03 - 09 July 2017
Keep up to date with the latest people moves.