News

Insurance

Market cautiously optimistic on organisational changes at Lloyd’s

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

Miller bolsters professional and financial lines with dual appointment

The incoming execs join from PIB Insurance Brokers and Price Forbes.   8 November 2024

Insurance

Lloyd’s issue not complex: Ed

Lloyd’s may appear to be leading the way on championing underwriting discipline, but all re/insurers should charge an appropriate price and also be disciplined on the terms and conditions they offer, Robert Wildbore, director of reinsurance at Ed Broking, told Baden-Baden Today.   24 October 2018

Insurance

Lloyd's broker Avid hires ex-Ageas chief Cliff to drive growth strategy

The appointee has been CEO of Brightside Group, worked at AXA, and is also deputy chair of a BIBA board.   24 August 2020

Reinsurance

Consilium sets ambitious target after 2024 growth spurt

The re/insurance broker is eyeing £800m GWP by the end of this calendar year.   16 December 2024

Technology

CRC launches cyber threat solution offering up to $10m in coverage

The offer targets the ‘most frequent forms of loss’ with heightened cybercrime limits.   16 August 2024

Insurance

Margins safe post-peak, ‘fragilities’ put floor on rate downside: Ark

Casualty remains defiant of loss trend; youngish Ark has yet to be truly tempted.   10 June 2024

Reinsurance

Greenlight Re shrinks on non-renewals; cats ruin property margin

Portfolio in flux: property was halved, select casualty cut, specialty gains weight.   5 November 2024

Insurance

Hiscox eyes Lloyd’s fallout

Rate increases have tapered off since the January 2018 renewal, with lower, single-digit rate increases in the June and July renewals, according to Megan McConnell, director of underwriting London at Hiscox Re & ILS.   10 September 2018

Insurance

Professional indemnity market softens ‘at greater pace’ than expected

Gallagher Specialty believes increased capacity and a desire for growth amongst insurers have fuelled competition.   4 November 2024

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