Lloyd's of London News – Page 67
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NewsMGA reveals insurer plans for former Towergate run-off firm Folgate
New owner APC Underwriting says Folgate will underwrite niche commercial and liability products
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NewsNexus wins backing from Amlin and Beazley
Speciality MGA’s underwriting capacity increases to £109m
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NewsCheesegrater loses third bolt
Investigation reveals fractured steel bolt had been caught by safety netting
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NewsQBE takes Canopius claims head Mike East
Canopius promotes deputy claims head Fiona Sperry to replace him
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NewsHiscox agrees MGA purchase from R&Q
R&Q says disposal of the two high-net-worth agencies does not signal strategic shift
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NewsEx-Gallagher international broking boss Hastings-Bass named as BMS chair
John Hastings-Bass will also chair the BMS Risk and Compliance committee
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NewsMitsui at Lloyd’s underwriting director departs after three years
Martin Hudson’s responsibilities to be assumed by Lloyd’s insurer’s underwriting team
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NewsDUAL targets regional brokers with fourth development manager hire
Hiring regional development managers and underwriters is key to UK expansion plans
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NewsXL to pay £2.79bn for Catlin as companies agree merger terms
Stephen Catlin (pictured) to become executive deputy chairman of combined company
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NewsBig UK motor insurers retaining less risk – Guy Carpenter
At least two reinsurers have stopped offering non-capitalised PPO cover, broker says
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NewsLloyd’s promotes Philip Godwin to head of claims
Former senior claims manager replaces David Lang
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Online onlyInsurers will pay compensation for victims of downed AirAsia flight
Insurer liability was initially in doubt because of airline’s lack of a flight permit for route
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NewsLloyd’s start-up Acappella launches
Company to operate an MGA and fund management company, and has plans for a Lloyd’s managing agency
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NewsLloyd’s insurer ProSight signs capacity deals worth £20m
Insurer to underwrite Corgi HomePlan products and back Oliva’s new scheme for UK builders
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NewsBrit launches Bermuda sidecar
Versutus will reinsure a share of Brit’s existing worldwide property catastrophe excess of loss portfolio
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Online onlyDownward pressure on reinsurance rates continues – Willis Re
Alternative capital and low levels of losses to blame
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NewsCatlin sells £85m stake in Insurethebox to Japanese insurer
Japanese insurer MS&AD has bought a 75.01% stake in Insurethebox for £105m
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AgendaXL in £2.5bn talks to buy Catlin
XL Group boss says combined firms will be “better positioned and stronger”
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NewsPeter Cullum-backed consolidator funds Plum Underwriting MBO
Specialist household MGA will use investment to fund expansion
