News

Insurance

Cloud service failure could cost $15bn

An extreme cyber incident that takes a top cloud provider offline in the US for 3 to 6 days would result in economic losses of $15 billion and up to $3 billion in insured losses, according to a Lloyd’s Jan. 23 press release.   23 January 2018

Insurance

Mosaic names head of political risk citing rising social unrest

The appointment has held similar roles at Pembroke Syndicate 4000, AXA ASR and CNA Hardy.   17 May 2021

Insurance

S&P revises Lloyd’s to stable

Rating agency Standard & Poor’s (S&P) has revised the outlook of Lloyd’s of London to stable from positive as conditions in the reinsurance sector deteriorate.   14 October 2014

Insurance

NN Group increases profits in Q3; reiterates its desire to acquire Delta Lloyd

NN Group's net result and gross premium income increased in the third quarter of 2016. The company has also reiterated its commitment to bringing consolidation to the Dutch insurance market and its proposed acquisition of Delta Lloyd.   17 November 2016

Insurance

Standard Syndicate 1884 hires reinsurance head from Lloyd's

Charles Taylor-managed Standard Syndicate 1884 has appointed Ian Smith to the role of hull class underwriter, and Courtney Naylor as head of reinsurance.   17 October 2017

Insurance

Latin America an important part of Lloyd’s growth strategy

Latin America is an important part of Lloyd’s future growth strategy, according to Juan Carlos Realphe G, Lloyd’s Colombia general representative. “Lloyd’s is opening representative offices in Colombia and Mexico, providing valuable capability and expertise to local markets and across the region,” he said.   26 October 2015

Insurance

Global players eye LatAm seeking growth and improved results

LatAm re/insurance executives are seeing more interest from global market players as the region presents opportunities for growth and to improve results for businesses already established in the mature markets.   1 March 2024

Insurance

Chubb reshuffles financial lines leadership in growth push

The insurer has appointed a new head of management liability responsible for London Market wholesale and Chubb's Lloyd's platform.   12 May 2020

Insurance

PartnerRe adds experienced banking exec to its board

The new director has spent 34 years in financial services and has served as CEO at large European banks.   27 May 2021

Insurance

‘Please don’t leave’: how to hold on to your talent

Support employees to become as good as they can possibly be, said Kevin Hopton, head of UK talent management and performance at Sedgwick, during an Intelligent Insurer virtual panel.   1 July 2024

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