All the headlines from our Lloyd's Topic Page, ordered by recency.
Mar 3 2015 // MSIG at Lloyd’s has moved into the bloodstock market with the appointment of specialist underwriters Rebecca Attridge and Phil Needham.Attridge and Needham both report to Caroline Koczerzat, underwriting manager,...
Feb 27 2015 // The proposed acquisition of Brit plc by Fairfax Financial Holdings is “credit positive” for Fairfax, according to Moody’s, which noted that the deal will significantly boost Fairfax’s underwriting...
Feb 24 2015 // Lloyd’s has appointed Jin-Yung Sun as its first general representative in South Korea. Sun has worked in the (re)insurance industry for 35 years as both an underwriter and a Lloyd’s broker. He spent the first...
Feb 19 2015 // The Navigators Group, Inc. announced that Navigators Underwriting Agency Ltd., its wholly owned Lloyd’s managing agency subsidiary, has created an International Casualty unit, which will “offer a range of...
Feb 17 2015 // Lloyd’s of London insurers Lancashire Holdings plc and Novae Group plc may be the next in line for takeover offers after Brit plc became the second U.K. firm within weeks to be acquired.Lancashire, which gained...
Feb 6 2015 // Beazley plc is targeting 5 percent growth for 2015 as the insurer looks to its U.S. unit to help offset falling prices for coverage at its Lloyd’s of London business.Beazley, the first of its peers to report results,...
Feb 4 2015 // Lloyd’s announced that Mark Cloutier, CEO of Brit PLC, will be joining the Lloyd’s Franchise Board, as of April 1, 2015. He has been the CEO of the Brit Group since October 2011, and has more than 35...
Feb 3 2015 // Lloyd’s, the specialist insurance and reinsurance market, has appointed Christopher Mackinnon as its new general representative in Australia.Mackinnon starts in early February and brings with him more than 21...
Jan 20 2015 // The Bermuda-based Hamilton Insurance Group, which operates P&C reinsurer Hamilton Re and the organization’s U.S. property casualty insurance operations Hamilton USA, announced that Dermot O’Donohoe, former...
Jan 9 2015 // XL Group Plc said it would buy underwriter Catlin Group Ltd. for about 2.79 billion pounds ($4.22 billion), increasing the Dublin-based insurer’s share of business written in the Lloyd’s of London market to...
Dec 24 2014 // USI Insurance Services has launched a new terrorism insurance product to address the expiring Terrorism Risk Insurance Program Reauthorization Act (TRIPRA), which ends Dec. 31.Unlike TRIPRA however, USI’s Terrorism...
Dec 11 2014 // The Council of Lloyd’s has appointed John Parry as Lloyd’s Director of Finance with immediate effect. He will also become a member of the Lloyd’s Franchise Board. Parry has been acting Director of Finance...
Dec 10 2014 // Pioneer Underwriters announced that its Pioneer Special Risk (PSR), led by President Gary Dubois, has commenced underwriting via its New York based division.The bulletin explained that “Pioneer Special Risk has been...
Nov 21 2014 // China Reinsurance (Group) Corporation has received approval from Lloyd’s to transform its existing special purpose syndicate into a stand-alone syndicate that will underwrite a diversified book of business, initially...
Nov 20 2014 // Three of the largest U.S. wholesale firms — CRC, AmWINS Brokerage, and Swett & Crawford — have launched a $25 million public directors and officers insurance program at Lloyd’s of London called the CAS...
Nov 18 2014 // Hamilton Insurance Group, the Bermuda-based holding company for property-casualty reinsurer Hamilton Re and insurer Hamilton USA, announced it has entered into a share purchase agreement to acquire Sportscover Underwriting...
Nov 7 2014 // CNA Financial Corporation announced a number of changes to the Property team of London-based Hardy (Underwriting Agencies) Limited, an independent wholly-owned indirect subsidiaries of CNA.The Property Business Unit will...
Nov 6 2014 // Lloyd’s announced that Mark Cooper has been appointed as the market’s first Country Manager for Dubai. Beginning in February he will head up Lloyd’s new operation in the Dubai International Financial...
Oct 29 2014 // Lloyd’s of London is offering Ebola coverage for first responders through its U.S. distributor, Specialty Insurance Advisors, as an added benefit to its pre-existing Needle Stick and Workplace Violence coverage. The...
Oct 21 2014 // Since January the rating agencies have become increasingly negative on their outlook for ratings in the reinsurance sector overall, while in practice affirming or even increasing individual reinsurer* ratings. Standard and...