Lloyd's of London News – Page 70
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R&Q suffers ‘weak’ first half with £898k loss
Result hit by transaction delays and timings of payments, says chief executive Ken Randall
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AM Best gives reinsurance a negative outlook
Underwriting discipline diminishing as companies sacrifice profit for market share
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Flood claims push Amlin UK to first-half underwriting loss
Bad weather boosted Lloyd’s insurer’s UK COR to 102%
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Catlin appoints Andrew McMellin as London chief executive
Nick Sinfield departs are three years in the role
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Brit boss admits he would have liked a warmer stock market welcome
Mark Cloutier revels in insurer’s first-half performance
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IPO and foreign exchange costs eat into Brit’s first-half profit
Insurer’s profit before tax would have risen 71% without costs
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David Dale’s Lloyd’s syndicate takes QBE’s Tim Butcher
Butcher to join Syndicate 2525 as senior class underwriter in December
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Hurricane Bertha brings chaos to UK
Floods warnings remain in place across England, Scotland and Wales
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Gable signs new reinsurance partner
Gen Re to provide additional capacity across the European Network
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Catlin beats expectations with 118% profit surge
COR improves by 3.1 points to 85% despite catastrophes and Malaysian Airlines loss
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Lancashire founder takes home £80m after stepping down in April
Richard Brindle’s exit package wiped more than one-third off shareholders’ return on equity
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Capita Insurance Services hires shared services director from the LMA
Doug Humberstone joins insurance outsourcer
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Expenses spike cuts Lancashire profit by 22%
Cathedral acquisition and Richard Brindle retirement added to costs