Lloyd's of London News – Page 36
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Crawford takes aim at escape of water with new specialist team
The move is aimed at tackling the rising cost of EoW claims
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Two companies pursued for £8.1m in Gable fallout
A Lloyd’s insurer and specialist broker among companies chased by Danish guarantee fund in the fallout of Gable
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London Market announces new chairman
Beazley CEO announced as the new chair of the London Market to see the group into Brexit
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REG speeds up GDPR agreements to help clients
REG hopes to help clients meet GDPR deadline by reducing cost and time of issuing TOBAs
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The Hanover considering selling Chaucer amid strategic shake-up
The American company says the sale of its specialist insurer and Lloyd’s syndicate is possible as it looks for strategic alternatives
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LexisNexis launches motor-risk scoring system to help better predict losses
Attract™ for Motor launched to give insurance providers an immediate understanding of risk
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Flood Re backs “Flood Performance Certificate” for homeowners
Homeowners could benefit from having a certificate which shows how well prepared for a flood it is, suggests think tank
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Integro and Tysers to merge
The wholesale division will trade under the Tysers name after the merger with Integro
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Aspen shares jump amid takeover talk
Rumours are swelling that Aspen Insurance could be on the verge of a takeover
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One in 10 Brits will not have travel insurance for their Easter getaway – survey
15% of British people admit to never purchasing travel insurance, according to a Give as you Live survey
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RSA boss Stephen Hester lands £5m after strong 2017
RSA chief executive, Stephen Hester pockets £4m on top of his £1m salary after a strong year which saw record underwriting results
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Liiba names next chairman
New Liiba chair pledges to focus on PPL, supporting members and the regulator, and Brexit
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LV= names new GI chief risk officer
Kieran O’Keeffe will begin his new position at LV= on 1 April
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Catastrophes to blame for Lloyd's of London's £2bn loss
Lloyd’s reports its first annual loss in six years
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Car giant parks driverless cars following fatal Uber crash
A pedestrian was killed on Sunday night after a collision with a driverless Uber
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Ageas partners with SSP for Flood Re products
Ageas becomes the latest insurer to partner Flood Re and SSP for high-risk housing
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XL Catlin outlines 'innovative' Brexit continuity clause
The clause addresses the uncertainty of contracts written by its London-based entities after the March 2019 deadline
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SSP business extends contract with RAC until 2024
Extension means RAC will continue to be SSP-owned Keychoice’s breakdown partner for the next six years
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Munich Re in talks to buy new London skyscraper - reports
The reinsurer is in talks with Brookfield Properties about acquiring the One Leadenhall plot.
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Markel ceases London open market property writing
Dean Pitts and Guy House will leave Markel as it ceases open market property writing, saying the “market has been against them”