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Insurance
BGC Partners, a global brokerage firm, has completed the entire acquisition of Lloyd's specialist re/insurance broker Besso Insurance Group for £70.5 million on enterprise-value basis. 1 March 2017
Insurance
The Dutch central bank has fined insurer Delta Lloyd €22.8 million and ordered it to dismiss its chief financial officer (CFO) following an investigation into alleged improper gains in 2012. But the company has said it will fight the decision and stands by its CFO. 22 December 2014
Insurance
Property/casualty insurer Chubb has appointed Juan Luis Ortega as executive vice president, Chubb Group and president, overseas general insurance. 2 August 2019
Reinsurance
Rate increases moderating but not falling off the cliff, adequacy is largely intact. 26 September 2024
Insurance
For the first time a liquid ILS instrument has been created for cyber catastrophe risks. 9 January 2023
Insurance
Atlantic (UK) Brokers, the Lloyd’s broker that specialises in international marine and energy, has rebranded as ATL Marine & Energy. 2 October 2015
Insurance
SSL Insurance Brokers will be renamed Sturdy Insurance Brokers. 22 February 2021
Insurance
Lloyd’s has presented an innovative approach to managing accumulations of liability risk, a challenge the market claims has the potential to send shockwaves through the insurance industry. 16 October 2015
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Noel Praveen as senior underwriter casualty and professional lines – Dubai, effective immediately. 15 October 2019
Alternative Risk Transfer
Arcus Syndicate 1856 (Arcus 1856) has received approval from the Lloyd’s Franchise Board to begin trading as of 1 January 2016. 23 November 2015
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