Lloyd's of London News – Page 60
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NewsWillis promotes internally for UK construction head role
Alex Clayton will start his role from 1 November
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NewsLloyd's chief warns against government's late payment of claims plans
Inga Beale says new rule could open door to speculative and vexatious claims for losses never covered first place
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NewsCharles Taylor sells last of non-life insurance companies in run-off
Sale is part of business strategy to reduce exposure to the ownership of non-life insurance companies in run-off
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NewsEx-QBE Europe motor head replaces DUAL boss Doyle as interim CEO
Shane Doyle is leaving the managing general agency to begin an independent venture
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NewsCyber crime to officially become UK's most common offence
The Office for National Statistics (ONS) plans to issue new statistics on Thursday which will include cyber crime for the first time
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NewsAsh Bathia’s new Lloyd’s syndicate starts underwriting
Probitas Syndicate 1492 to write international insurance and reinsurance portfolio
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News(Re)insurer Validus expects £42m hit from recent catastrophes
Company hit by Tianjin explosion and Chile earthquake
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NewsGRP’s property MGA in capacity deal with HDI, Liberty and Swiss Re
Existing capacity deal with QBE will now wind down
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NewsBank of England's Carney says prepare for climate change
Bank governor warns insurers they are in the front line
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NewsWarren Buffet sells down Munich Re stake below 10%
Buffett companies have held 12% of German reinsurer since October 2010
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Online onlyBrit invests in MGA Ambridge as US expansion continues
Ambridge is based in both London and New York
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Online onlyLloyd's broker Safeonline hires four as growth continues
The broker claims it wants to grow its cyber offering
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NewsR&Q warns on full-year results after £4.5m H1 loss
Company launches review of business model, but expects full-year profit
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NewsLloyd's insurers launch cyber scheme for large non-US corporates
The consortium will provide cover against data breaches to non-US businesses with revenues in excess of $5bn
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NewsArgoGlobal, Asia Capital Re set up China syndicate
Special purpose syndicate to underwrite Chinese risks
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NewsPremiership clubs buy more cover amid injuries and higher wages
The insurance will enable Premier League clubs to claim back salary when players are injured
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NewsEx-QBE Re underwriters to lead cat bond investor's London office
Bermuda based insurance-linked securities firm ILS Capital will focus on specialty reinsurance
