Pairing the talent shortage and the skills gap: CII panelInsurers have been warned the current talent dynamic is not sustainable in the long-term, with half of the London market workforce now aged 40 or over.
Chaucer appoints Chekanava as senior innovation underwriterChaucer has appointed Lloyd’s Iryna Chekanava as a senior innovation underwriter.
Acrisure Re adds Sharpe to lead London specialty reinsurance teamAcrisure Re has hired Pete Sharpe to lead its London-based specialty reinsurance team.
LMA adds Duncan Dale and Sarah Stanford to boardThe Lloyd’s Market Association (LMA) has added Sarah Stanford, CEO of Aspen UK, and Duncan Dale, CEO of Dale Underwriting Partners, to its board.
LMA adds Duncan Dale and Sarah Stanford to boardThe Lloyd’s Market Association has added Sarah Stanford, CEO of Aspen UK, and Duncan Dale, CEO of Dale Underwriting Partners, to its board.
Canopius puts space portfolio into run-offCanopius has ceased writing new space business and has placed the portfolio into run-off.
Postcard from Dive In 2024With this year’s Dive In Festival attracting participants across a record 48 countries over more than 130 sessions, the three-day event has continuously highlighted that inclusion is a business imperative which requires focus and commitment all year round.
Helios posts £10.8mn underwriting result for H1 2024Helios Underwriting has revealed it plans to strategically reduce new syndicate participations for 2025 to better navigate the underwriting cycle.
Industry welcomes PRA plans to speed up Lloyd’s authorisations and cat bond approvalsThe UK’s Prudential Regulation Authority has today announced a raft of upcoming proposals for its oversight of the insurance sector, including reforms to the insurance special purpose vehicle regime and its oversight of Lloyd’s managing agents.
Neal warns consequences for managing agents that fail to address cultureThose that fail to view culture and inclusion as a core business principle will have to face consequences, Lloyd’s CEO John Neal has warned.
PPL launches express contract functionalityLondon market placement platform PPL has launched an express contract functionality aimed to improve the speed and ease with which brokers can bind risks.
MS Amlin names DLG’s Snowdon to lead capital management and investmentsMS Amlin has bolstered its senior finance leadership team with the appointment of Emma Snowdon as head of capital management and investments.
AUB names Wilson as Tysers CEOAUB Group has appointed Tom Wilson as CEO of Tysers and Bob Pybus as CEO of AUB UK Retail.
HSCM exits listed Lloyd’s investor Helios after selling remaining 5.8 million sharesMichael Millette’s Hudson Structured Capital Management has sold its remaining position in London-listed Helios Underwriting after offloading its stake of ~5.8 million shares earlier this week, The Insurer can reveal.
Lloyd’s adjusts syndicate fee charge to 1% of GWP up to £3bnLloyd’s is set to adjust its syndicate fee structure to introduce a flat charge of 1 percent of gross written premium from 1 January 2025.
Aegis London names Smart international casualty class underwriterAegis London has appointed Jeremy Smart as class underwriter in its international casualty team.
Axa XL expands UK cyber team with BHSI and LSM hiresAxa XL has expanded its UK and Lloyd’s cyber team with a raft of appointments across the underwriting and claims functions.
Aon’s Kus joins London Market Group boardThe London Market Group has added Aon’s Tracy Lee Kus to its board as a representative of London & International Insurance Brokers’ Association.
MGA Spring Insure secures Bridgehaven UK capacityHowden-backed MGA Spring Insure has secured enhanced capacity across its existing product lines after an agreement with hybrid carrier Bridgehaven Specialty UK.
Abraham named CEO of Amwins Global Risks with Mathis returning to USNick Abraham is set to take over from Nate Mathis as CEO of London-based specialty distributor Amwins Global Risks at the start of 2025, The Insurer can reveal.