Commercial Lines – Page 97
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NewsLloyd's insurers launch cyber scheme for large non-US corporates
The consortium will provide cover against data breaches to non-US businesses with revenues in excess of $5bn
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NewsArgoGlobal, Asia Capital Re set up China syndicate
Special purpose syndicate to underwrite Chinese risks
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NewsPremiership clubs buy more cover amid injuries and higher wages
The insurance will enable Premier League clubs to claim back salary when players are injured
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NewsEx-QBE Re underwriters to lead cat bond investor's London office
Bermuda based insurance-linked securities firm ILS Capital will focus on specialty reinsurance
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NewsTowergate owner takes majority stake in Price Forbes
Backing from Highbridge will accelerate Price Forbes growth plans
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NewsCredit Suisse gets approval for new £90m Lloyd’s syndicate
Credit Suisse gets approval for £90m Lloyd’s syndicate Barbican to manage Syndicate 1856, which will start writing in January 2016
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News‘Strong notes of caution’ in Lloyd’s results despite good first-half
Market’s finance director warns of pricing pressure as five business lines report CORs over 100%
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NewsLloyd’s first-half profit falls 28% as rate cuts bite
Results also hit by falling investment returns, which almost halved
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NewsAllied World looks to Zurich for new casualty team hires
James Emerton and Martin Fisher will build the insurer’s UK and international corporate business
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News43% of consumers do not trust driverless cars - uSwitch
More than a third expect the introduction of driverless cars to drive up their insurance premiums
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NewsEx-Lloyd’s director Sue Langley to chair Gallagher UK
New non-exec role marks Langley’s return to insurance industry
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NewsCharles Taylor hopes to benefit from ‘long list’ of Lloyd’s hopefuls
Chief executive David Marock says company is also seeing strong pipeline of acquisition opportunities
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News
Integro buys film and TV MGA
Entertainment Risk Management bosses John Green and Karl Crawford will continue in their leadership roles
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NewsDrone insurance demand to ‘surge’ – Lloyd’s
New report highlights five key risks affecting growing drone sector
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Online onlyProfessional indemnity and D&O sector to hit £1.5bn GWP by 2019
Growth driven by directors’ rising public exposure through social media and increasing regulatory activity
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NewsNexus buys £21m MGA EBA Insurance Services
Acquisition bolsters underwriting agency’s presence in Europe
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NewsPrivate equity firm Odyssey to buy Integro
Deal is expected to be completed in the fourth quarter of 2015
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NewsForeign exchange losses depress Novae profit
First half pre-tax profit down 21%, but underlying profit rises 28% and COR improves to 89.8%
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Online onlyTowergate launches regional restructuring
The broker is rebranding a number of its regional management areas
