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Insurance
Novae Group, the specialist Lloyd’s insurance group, has warned that its combined ratio for the whole of 2016 will be high than anticipated because of the continued prevalence of larger individual risk and catastrophe losses. 8 December 2016
Insurance
While there is a sense of cautious optimism around the reforms revealed by Lloyd’s this week, a majority of market participants believe they will not be enough to adequately change the market. 7 December 2016
Insurance
Global Risk Partners (GRP), the specialist investment vehicle for brokers and MGAs, has said it is seeking further acquisitions and remains on track to become a £1 billion business by 2018 as it posted its results for the year ending March 31, 2016. 6 December 2016
Insurance
The market has reacted with cautions optimism to comprehensive organisational changes including the formation of new units and teams revealed by Lloyd’s yesterday (Monday December 5), which the market claims will make it more effective and efficient. 6 December 2016
Insurance
Lloyd’s insurer ArgoGlobal has appointed Michael Thompson as hull class underwriter. He will report to head of marine Steve O’Gorman. 5 December 2016
Insurance
The British Insurance Brokers’ Association (BIBA) has launched of a new commercial insurance scheme for businesses that will also include flood cover for many commercial premises and let properties located in areas at risk from flooding. 5 December 2016
Insurance
Lloyd's private capacity provider Helios Underwriting has acquired Salviscount, a limited liability member, for £800,000 in cash. 5 December 2016
Insurance
Marine insurance provider Skuld has hired Peter Coleman from Pembroke Syndicate 4000 as head of direct and facultative (D&F) of Agora, the special purpose arrangement it formed in January under the leadership of Mike Pritchard. 1 December 2016
Insurance
California-based data centre operator Equinix has collaborated with Lloyd's and the Lloyd's Market Association (LMA) to improve its catastrophe risk modelling platform, The Oasis Loss Modelling Framework. 30 November 2016
Insurance
Neon, a specialist insurer operating in the Lloyd's market, has appointed Geoff Riddell as a non-executive chairman. 30 November 2016
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