Lloyd's of London News – Page 55
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Beazley profits up by 8.4% as demand for cyber cover grows
Insurer is planning to return head office to London to increase operational efficiency of group
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Beazley chief exec Andrew Horton to take break in March and April
Chief underwriting officer Neil Maidment will serve as acting chief executive
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Canopius UK retail boss Tim Rolfe to depart
March departure ends five-year stint at Lloyd’s insurer
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Willis unveils senior leadership roles in GB business
Under the changes Ailsa King will head up client organisation in the UK
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Mitsui’s £3.5bn Amlin takeover to complete on 1 February
Court hearing to sanction takeover scheme scheduled for 28 January
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RSA moves into Lloyd's building
Insurer takes ten desks to grow London Market wholesale business
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Ex-Lloyd's of London boss Ward joins Direct Line
Ward impressed with Direct Line’s results since 2012 flotation
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New MGA Accelerate Underwriting in 3-year sports deal with JRW
JRW says deal will help group achieve ambitious plans
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Guy Carpenter sets up advisory council as it plots growth in EMEA
Council is composed of senior figures from Guy Carpenter and wider reinsurance industry
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Swiss Re names new UK and Ireland chief executive
Middle East and Africa head Frank O’Neill replaces Russell Higginbotham
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Solvency II is changing reinsurance buying – Guy Carpenter
Reinsurance broker detected a shift to proportional reinsurance at 1 January
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FSCS refunds premiums owed to 2,600 customers of failed insurer ERIC
FSCS says it is working with ERIC to determine the payment details of the remaining policyholders
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Innovation Broking hires two directors and opens London office
Start-up broker looks to Stackhouse Poland and Gallagher for new directors
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Reinsurance rate falls slowed at January 1 – Guy Carpenter
Property catastrophe reinsurance prices fell by between 7% and 10%
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RSA expands marine management team with appointments
Insurer says hires will help it to meet the challenges and opportunities in marine insurance market
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Willis/Towers Watson merger completed
Willis GB boss Nicholas Aubert named as head of Great Britain for the combined entity
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RFIB Group broking director Stephen Hirst to retire
Hirst joined RFIB in August 2005 as a board director and managing director of the marine division
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Allianz to launch mid-corporate print, publishing product
Offering will target companies with a premium of between £5,000 and £100,000
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Investment in acquisitions drives fall in Cobra pre-tax profits
But surplus funds from disposals have produced profits of £800,000 in current year and enabled Cobra to reduce bank debt