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The London Market and Lloyd’s have overcome many challenges in their long history and come out stronger. But with a potential exit from the EU on the horizon and intense competition from other global hubs, can the world’s historical centre for risk transfer remain ahead of the curve for much longer? Intelligent Insurer reports. 14 September 2015
Reinsurance
Amid the turmoil and power struggles that have blighted other mergers and acquisitions in the industry this year, the XL-Catlin union has stayed out of the headlines. Here, Greg Hendrick, the chief executive of XL Catlin’s global reinsurance operations, reveals to Intelligent Insurer what happened the first time the new reinsurance leadership team met and why he sees the firm as well positioned in a rapidly changing reinsurance landscape. 14 September 2015
News
Lloyd’s insurer Canopius Group has formed an integrated unit to manage the assumed reinsurance business previously written separately by Canopius and Sompo Japan Nipponkoa Insurance. 14 September 2015
Insurance
The growth of Hamilton Insurance Group since its formation in late 2013 has been much faster than Brian Duperreault, the company’s chief executive, could have imagined, he told Monte Carlo Today. But dislocation in the market caused by consolidation means new opportunities for the firm—and he won’t rule out hitting the acquisition trail himself. 14 September 2015
Insurance
Against a backdrop of continued consolidation in the industry, Stuart Shipperlee, managing director, and Karin Clemens, senior consultant, at Litmus Analysis, consider what the rating agencies focus on in a merger or acquisition, and why. 14 September 2015
Insurance
The Loch Ness Monster, flying frozen duck carcasses and Bigfoot are among some of the strangest risks ever underwritten, according to respondents in a recent Intelligent Insurer survey, held in the run-up to the Monte Carlo Rendez-Vous. 14 September 2015
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has unveiled plans for Lloyd’s insurer Novae’s Zurich-based credit and surety reinsurance team to transfer to LSM 13 September 2015
Insurance
Barbican Insurance Group has received in principle approval from Lloyd’s to manage a syndicate funded by Credit Suisse’s ILS team. 13 September 2015
Insurance
Folgate Insurance Company has returned to active underwriting a year after being acquired by APC Underwriting. 13 September 2015
News
Reinsurer Everest Re has received in principle approval from Lloyd’s to found Everest Syndicate 2786. 13 September 2015
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