Lloyd's has announced that Ian Faragher has been appointed chief operating officer of its new Chinese onshore reinsurance operation in Shanghai, Lloyd's Reinsurance Company.

Faragher was previously responsible for the Liberty Mutual and Chubb operations in China.

The new company will give Chinese insurers access to the Lloyd's market, enabling its underwriters to support the development of the local market and the Chinese economy.

Director of Worldwide Markets, Julian James, said: "[His appointment] will be crucial as we continue our work with the Chinese authorities to get the new operation up and running in the autumn."

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.