Lloyd's of London News – Page 60
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NewsExor sees off AXIS to buy PartnerRe for $6bn
AXIS will receive a $315m break-up fee from PartnerRe as a result of merger agreement being terminated
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NewsNew MGA Pelican enters UK solicitors’ PI market with Munich Re
Munich Re division Great Lakes to provide capacity to newly formed underwriting agency
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News
Zurich/RSA deal should focus on strengthening specialty offerings
But brokers warn that consolidation based on commoditisation of business would be negative
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NewsLloyd’s chairman joins prime minister’s advisory group
L&G chief executive Nigel Wilson also appointed to new group
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NewsInsurance Times Awards entry deadline extended
Nominations for the insurance industry’s most prestigious awards must be in by 7 August
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Online onlyBeazley’s profits surge 16% despite rates pressure
Premiums generated by US underwriters rise 25%
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NewsEurozone debt could hurt insurers Solvency II capital – PRA
Sovereign debt risk should be factored into internal capital models
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NewsTokio Marine Kiln launches Lloyd’s aviation consortium
Consortium also includes Allied World, Amlin and Hiscox
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Online onlyAdmiral announces 280 jobs across its south Wales offices
Admiral say their main focus is to boost the workforce at their Newport office
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NewsAxis sweetens PartnerRe bid with higher dividend
Offer matches rival’s terms for preferred shareholders
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NewsLloyd’s insurer Marketform hires QBE cargo underwriter
Company names Alistair Marriott cargo class underwriter and deputy head of marine
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NewsSMEs fail to protect against unforeseen risks
Lack of foresight could create long-term problems, Aon study finds
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NewsWillis GB’s Nicolas Aubert joins LIIBA board
Aubert also appointed as LIIBA representative of the London Market Group
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Online onlyFormer Towergate broker Matthew Pini joins Direct Insurance
Pini joins the company after 3 years at Towergate
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NewsReinsurers broadened UK professional liability cover at 1 July renewals
Reinsurance price drops moderated, says Guy Carpenter
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NewsAltitude adds Indian reinsurer to capacity providers
General Insurance Corporation is world’s fifteenth largest reinsurer
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NewsEx-PartnerRe boss urges shareholders to reject Axis offer
Patrick Thiele says Exor deal offers better value
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