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Insurance
Helios Underwriting, which provides investors with a limited liability direct investment into the Lloyd's insurance market, has used a fully collateralised quota share reinsurance contract to release capital, allowing it to seek new opportunities. 30 June 2014
Insurance
A growing number of big brands are buying death and disgrace insurance coverage through Lloyd’s to protect themselves against financial losses incurred on campaigns involving celebrity athletes, musicians, and film stars where the celebrity in question either behaves inappropriately or is unable to continue to represent the brand. 30 June 2014
Insurance
Allianz Global Corporate & Specialty (AGCS) has appointed David Wilson, formerly of Torus, as global head of energy claims based in London. 30 June 2014
Insurance
Talks regarding the sale of Sportscover’s Syndicate 3334 and SCI Capital to financial services group Haverford have ended. 30 June 2014
Insurance
AM Best has identified the top 10 threats or events that may have devastating effects on the financial strength of insurers or the market within which they operate. 30 June 2014
Insurance
RSA has appointed Steve Lewis, formerly of Zurich, as chief executive officer (CEO) for the UK and Western Europe. He will join the company with effect from January 2015. 27 June 2014
Insurance
The London market is in danger of lagging behind global competitors by not working collectively to aggregate and analyse the wealth of data held by brokers and carriers. 27 June 2014
News
Cooper Gay has appointed Alan Main, formerly of Towers Watson, as director of reinsurance. 27 June 2014
Insurance
Despite the belief that the changing climate is impacting London businesses’ operations, few are quantifying the financial costs and, as a result, are failing to invest in suitable risk mitigation strategies. 27 June 2014
Insurance
Aviva has appointed Chris Wei, the former chief executive officer (CEO) of Great Eastern, to oversee the company’s life-insurance business. 27 June 2014
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