London Market

Kaufman’s Cranbrook makes healthcare move with Dual hires

Cranbrook Underwriting has made a move into the healthcare space with the hires of Gareth Absalom and Carolyn Pritchard from Dual Corporate Risks.

BGC “confident” it will find transaction for Corant

BGC Partners said today it is open to a broad range of options including a public listing or private sale for its Corant Global business, which saw its brokerage revenue rise to a record-high $52.4mn during the first quarter.

City Corporation aims to attract tech-led businesses to Square Mile

The City of London Corporation has unveiled its vision to remain a “world-class business ecosystem” with an increased focus on encouraging technology-led businesses to the Square Mile.

Aon’s Case: Industry must improve offering for systemic risk solutions

The (re)insurance market needs to urgently usher in a “new era of innovation and partnerships” if it is to address and provide cover against systemic risks on behalf of clients, Aon CEO Greg Case has said.

Chaucer moves to The Scalpel

Chaucer has relocated to The Scalpel from its current office location at 30 Fenchurch Street.

Aon adds Love to Reinsurance Solutions UK leadership team

Aon has added Ben Love to the UK leadership team at its Reinsurance Solutions unit.

Howden Re head of treaty claims is first to arrive as GC UK hires now edge close to 30

The Insurer has now tracked 26 resignations from Guy Carpenter’s London team who are expected to join Howden once their notice periods are complete.

The Hartford – PPL and a digital journey in London

Colin Sprott, chief international underwriting officer, and Matt Pasterfield, chief international operating officer, at The Hartford in London talk about their transformational journey and the role PPL has played.

MPs warn over Bain Capital’s LV= takeover bid

British MPs are to release a report later this week which will outline a series of concerns over the Liverpool Victoria (LV=) Group’s plans to demutualise and sell itself to US private equity group Bain Capital.

TMK’s Neil Robertson leads London’s property underwriting rankings

Tokio Marine Kiln’s Neil Robertson has topped this year’s Gracechurch Leading London Underwriters rankings for the property class.

UK and US launch talks to ease (re)insurance regulation

Policymakers from the UK and US have held their first meeting to discuss how the two countries can ease the regulatory burden for (re)insurers following Britain’s exit from the European Union.

Five reasons for optimism at One Lime Street…

While headline figures showed a fourth consecutive year of underwriting losses and a combined ratio of 110.3 percent, the mood among senior management at the Corporation was one of optimism.

LSM underwriter claims top spot in London aviation and space ranking

Aviation market veteran Bill Halligan has landed top spot in this year’s Gracechurch Leading London Underwriters ranking for the sector, The Insurer can reveal.

Lloyd’s underlying performance improves in 2020 as it books rate increases of 10.8%

Lloyd’s of London would have posted a 2020 combined ratio of 97.0 percent excluding claims relating to Covid-19 as well as an underwriting profit of £757mn ($1.04bn), as the underlying performance of the market continued to improve.

AM Best hands London market a stable outlook

AM Best has handed the London (re)insurance market a stable outlook on the back of upward premium rate momentum, greater consistency and clarity of wordings and market modernisation efforts.

London’s leading cyber and casualty underwriters revealed in new poll

Brit Global Specialty’s Ben Maidment has regained the number one position in the Gracechurch Leading London Underwriters Cyber Ranking, The Insurer can reveal.

London’s leading underwriter rankings revealed in new survey

MAP’s Richard Trubshaw has retained his position at the top of an annual ranking of London underwriters voted for by his peers in the underwriting and broking community, The Insurer can reveal.

Marine veteran Newton joins Antares

London market marine veteran Paul Newton has joined Antares as a marine hull and liability underwriter following a short stint at Willis Towers Watson, The Insurer has learned.

Liiba stresses importance of Lloyd’s room post-pandemic

The London and International Insurance Brokers’ Association (Liiba) has stressed a need to retain the physical Lloyd’s underwriting room when the market returns to the City in the wake of the Covid-19 pandemic.

Zurich’s Robinson: Low SME BI take-up highlights need to educate policyholders on risks

Business interruption take-up among UK SMEs remains low with cover against terrorism and pandemic risks “vary rarely bought”, according to Zurich’s UK chief underwriting officer Hayley Robinson.

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