All London Market articles – Page 4
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Guy Carpenter appoints Enoizi as CEO of Europe
The former Pool Re CEO takes up his new position at Guy Carpenter, the reinsurance broking arm of Marsh McLennan, effective immediately.
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Convex promotes new Bermuda CEO and group deputy CUO
Paul Simons will become Bermuda CEO and Christophe Chandler will become group deputy chief underwriting officer reinsurance.
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Hiscox performance improves at H1 – driven by reinsurance and London market arms
“Leaning into the hard market”, the group allocated additional organic capital to the Hiscox Re & ILS business.
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Lloyd’s appoints Clement as its corporate affairs director
Rebekah Clement takes up what is a newly created role for Lloyd’s of London.
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London market in the vanguard of Ukraine reconstruction plans
What has been agreed in London to support Ukrainian reconstruction? Marsh McLennan, Lloyd’s, Aon and VIG joined G7 Governments in pledging their support to rebuild Ukraine’s shattered economy.
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Turk appointed to CUO role at Lloyd’s
Lloyd’s has appointed Rachel Turk, formerly head of strategy at London market re/insurer Beazley, to a new chief underwriting officer role for the insurance and reinsurance market.
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Tokio Marine restructures London market teams
London market marine, energy and renewables reshuffle at Tokio Marine HCC International.
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Munich Re Specialty Group targeting ‘the E in ESG’
Green Solutions launched in a bid to take a leading position in the London market’s sustainability ambitions.
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Energy pricing, transition pushing back climate focus – Beazley
Current fears about energy prices and the need to transition may be blinding insureds to the existential threat that climate change poses, London market specialty insurer Beazley warns.
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Warning for London insurance market despite ‘stable’ rating issued
’Failure to prepare for risks could have capital implications,’ says rating agency
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Lloyd’s provides Blueprint II progress update after ‘great’ 2022
’2023 will be an important year for the delivery of Blueprint II,’ says chief executive
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Cyber MGA Intangic launches with AXA XL-backed parametric policy
The policy has two triggers: the level of malicious activity targeting a company, and a subsequent loss in value
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Zoomers and Millennials to play increasing role in market plans
Putting younger professionals at the centre of the London insurance market’s modernisation is LIIBA’s focus for 2023
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UK regulations have ‘suffocated’ London’s competitive edge
The news comes as Prime Minister Liz Truss is set to announce sweeping reforms to the financial services industry
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London market still catching up on admin backlog caused by pre-pandemic ‘creaking systems’
London market firms are ‘leaning into the need to move to a digital marketplace’, causing a technology ‘revolution’
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Sompo International agrees sale of EAL to ‘withdraw’ from Lloyd’s
The move marks the culmination of the firm’s strategy to divest itself from Lloyd’s and focus on the London market
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Liz Truss moots FCA and PRA merger
The frontrunner to be next UK prime minister has pledged a shake up of the City of London regulators
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Cyber rate rises of 300% ‘not uncommon’ - Miller
Despite ‘no material change in exposure’, insurers are upping premiums by 100% on average and reducing capacity
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Hiscox appoints Stéphane Flaquet as chief operating officer
He is currently group chief transformation officer and Interim chief executive officer for Hiscox UK
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Lloyd’s commits to One Lime Street
The Lloyd’s market will remain in the iconic Richard Rogers-designed building until at least 2031