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Brexit could lead to a loss of business for Lloyd's of London unless the UK government is able to negotiate passporting arrangements to maintain access to the European Economic Area (EEA), according to a report by Fitch Ratings. 1 September 2016
Insurance
Channel Syndicate 2015 at Lloyd’s has made a series of appointments within the international and North American lines of its property direct and facultative (D&F) division, with Claudia Adkins named as its head. 1 September 2016
Insurance
Integro, a broker and risk management firm, has expanded its presence in Latin America in an agreement with HR Latinoamerica (HRL) to serve as its exclusive London wholesale reinsurance trading partner. 30 August 2016
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has agreed to acquire the business, staff and assets of Wholesale Binding Authorities (WBA), an Italian Lloyd’s coverholder. 25 August 2016
Insurance
Beazley, backed by the Beazley Elements consortium of Lloyd’s insurers, has doubled its capacity for operational and fixed-site environmental risks to $50 million to cover the environmental liabilities of large multi-national companies. 23 August 2016
Insurance
ArgoGlobal, a Lloyd’s insurer and member of Argo Group, has appointed Steve O’Gorman as head of marine, as the former head Philip Thorpe-Apps takes on an expanded position as global head of marine and energy. 22 August 2016
Insurance
In order to protect margins in the current low interest rate and soft market environment, QBE is determined to fend off brokers’ demand for fee increases, strengthen direct distribution and avoid business in the Lloyd’s market as this comes at higher cost. 17 August 2016
Insurance
Allianz Global Corporate & Specialty (AGCS) has expanded its crisis management team with the appointment of Stewart Eaton to the role of head of product recall for regional unit London (RUL), effective immediately. 17 August 2016
Insurance
Now that the immediate post-referendum dust has settled, the re/insurance industry is taking a close interest in the nature of the UK’s negotiations around leaving the EU and what it will mean for cross-border trade. Intelligent Insurer reports. 16 August 2016
Insurance
Interest in setting-up at Lloyd’s remains strong despite the market’s performance dipping last year on the back of competitive market conditions. 16 August 2016
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