Lloyd's of London News – Page 41
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Allianz-backed insurtech company announces new CEO and £2.5m of capital
Quantemplate announces David Lundgren and new investment capital to support further expansion into UK, US and European markets
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Ardonagh appoints new chief executive of healthcare
Ardonagh announces second appointment in two days as Iain Laws joins the Group
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Pool Re to co-fund university terrorism risk management professorship
Professor Andrew Silke will fill the new position, which is co-funded by Pool Re, for an initial five-year period
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Kennedys hire five from Mayer Brown in further expansion
David Chadwick, Ingrid Hobbs, Tim McCaw, Andrew McGahey and Andrew Westlake brings the total number of partner hires this year to 33
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Marsh UK to resume full control of its Norwich operations from Capita
Capita Insurance Services will continue to provide support to Marsh’s UK operations through its offshore facility in Pune, India
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Zurich pays 99% of UK claims totalling nearly £1bn in H1
54 general insurance claims were for over £1m each
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ABI launches blueprint to reduce fire and flood risk
It is in response to the government’s budget plans to build 300,000 new homes a year by the mid-2020s
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ABI give a first estimate of the value of trade credit cover on risk after P&H collapse
The wholesaler went into administration on Tuesday after rescue talks broke down
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LMG submit proposal for EU and UK to keep access to markets post-Brexit
LMG says clients need uninterrupted access to London’s breadth of expertise and specialist risk capacity
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Controlled explosion takes place in London’s insurance district
All-clear given after controlled explosion took place in London’s insurance district, The Guardian reports.
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Pool Re to extend cover to include physical damage from cyber terrorism
Pool Re cover will now include physical damage from cyber terrorism from April 2018
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Senior insurance leaders join CII women’s taskforce
CII forms task force of senior insurance leaders to tackle women’s risks
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Data and advanced analytics "changing the motor insurance landscape"
89% of insurers believe that data and analytics are either extremely or very useful to their business
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PERILS announces market loss of €60m because of Storm Ophelia
The storm hit Ireland and the UK in October 2017
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Insurers must look for opportunities in climate risk after an expensive year - ClimateWise
ClimateWise urges insurers to look for the opportunities in climate risk following an expensive year
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Neon hires growth-smart CFO following expansion action
Neon hires CFO with a history of overseeing integrations as it continues on growth push
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UK users among 57 million affected by huge Uber data breach
The ICO confirms that UK users are affected by a giant data breach that was covered up by Uber late last year.
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Majority of London market fear Amazon-type firm will heavily disrupt them
Survey reveals London market fear fintech is on the march
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Munich Re predicts “small profit” for 2017 after huge Q3 loss
Munich Re posts huge Q3 loss after catastrophe claims bill
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Beazley expects to break even on underwriting after cat claims
Cat claims will push Beazley COR to “around 100%”