News
Insurance
COVID-19 has accelerated some long-awaited changes to the way business is transacted in the 330-year-old insurance marketplace. 2 June 2020
Insurance
Broker Marsh & McLennan Companies (MMC) is merging the Latin American facultative reinsurance operations of its wholly owned subsidiaries Marsh and Guy Carpenter with that of Jardine Lloyd Thompson Group (JLT). The combined business will be known as Carpenter Marsh Fac Re. 23 April 2019
Insurance
It will target multi-class portfolio business placed in the London specialty insurance market. 4 May 2022
Insurance
Altus Consulting has acquired specialty market consultancy Cognitive Risk. 1 November 2021
Insurance
The Lloyd’s Market has made good progress in preparing for Solvency II. But despite some £400 million having been invested so far, more work is needed to ensure it secures model approval, believes Luke Savage, director of finance and operations. 4 July 2014
Insurance
A cyber attack on the US power grid could cost the US economy over $1 trillion according to a report by Lloyd’s and the University of Cambridge's Centre for Risk Studies. 8 July 2015
Insurance
The platform initially piloted in the Australian market seeks to bridge risk protection gap in the M&A market. 2 February 2022
Insurance
A new class underwriter for renewable power is set to join the re/insurer in second quarter. 31 January 2022
Insurance
Cobalt Underwriting, the London market’s only Shariah compliant underwriting agency, has teamed up with Chaucer Insurance to offer Lloyd’s first Shariah compliant political violence product. 2 February 2016
Insurance
Insurance firms have been urged to take more action on ‘silent cyber’ - or non-affirmative cyber risk - in a letter from the Bank of England’s Prudential Regulation Authority (PRA). 4 February 2019
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