MS Amlins

MS Amlin to reduce 2020 stamp capacity by £250mn

2019-11-18T11:36:00+00:00

MS Amlin – the second largest Lloyd’s (re)insurer by 2018 GWP – is reducing its stamp capacity by £250mn next year as the remedial work on its under-performing Syndicate 2001 takes shape.

Allison Barrett – AIG

AIG hires Willis exec Barrett as head of multinational general insurance

2019-11-18T13:15:00+00:00

AIG has continued to add to its senior management ranks with the hiring of Allison Barrett from Willis Towers Watson as global head of multinational in the carrier’s core general insurance (GI) business.

Stephen Way

Way: primary and reinsurance hardening now seen 'in tandem'

2019-11-18T12:37:00+00:00

Industry entrepreneur Stephen Way says the primary and reinsurance markets are now acting “in tandem” as he announced a further $50mn injection into the operating companies owned by Houston International Insurance Group (HIIG).

Acappella 2014

Acappella 2014 becomes third November Lloyd’s syndicate closure

2019-11-18T12:07:00+00:00

Acappella’s Syndicate 2014 has become the third syndicate at Lloyd’s this month to confirm it is going into run-off following its acquisition earlier this year by the Bermudian (re)insurance group, Hamilton.

Nicola Stacey – Chaucer

Chaucer names Swiss Re’s Stacey group CUO

2019-11-18T09:50:00+00:00

Chaucer has appointed Nicola Stacey chief underwriting officer as John Fowle, the current joint chief executive and CUO, will condense his duties to the CEO role.

Allison Barrett – AIG

AIG hires Willis exec Barrett as head of multinational general insurance

2019-11-18T13:15:00+00:00

AIG has continued to add to its senior management ranks with the hiring of Allison Barrett from Willis Towers Watson as global head of multinational in the carrier’s core general insurance (GI) business.

Stephen Way

Way: primary and reinsurance hardening now seen 'in tandem'

2019-11-18T12:37:00+00:00

Industry entrepreneur Stephen Way says the primary and reinsurance markets are now acting “in tandem” as he announced a further $50mn injection into the operating companies owned by Houston International Insurance Group (HIIG).

Acappella 2014

Acappella 2014 becomes third November Lloyd’s syndicate closure

2019-11-18T12:07:00+00:00

Acappella’s Syndicate 2014 has become the third syndicate at Lloyd’s this month to confirm it is going into run-off following its acquisition earlier this year by the Bermudian (re)insurance group, Hamilton.

Nicola Stacey – Chaucer

Chaucer names Swiss Re’s Stacey group CUO

2019-11-18T09:50:00+00:00

Chaucer has appointed Nicola Stacey chief underwriting officer as John Fowle, the current joint chief executive and CUO, will condense his duties to the CEO role.



Lloyd's building

Pioneer becomes fourth full syndicate to close since Hancock warning

Pioneer Syndicate 1980 has become the fourth full syndicate to close following a Lloyd’s market meeting in May 2018 when the Society’s head of underwriting Jon Hancock launched remedial action to turn around the performance of the market and warned that a tougher regime would lead to syndicate closures.

Burberl Roller coaster

Axa XL’s Burberl was wrong – but only by two months

In March 2018, Axa’s youthful CEO Thomas Burberl was forced to defend his decision to pay $15.3bn for XL Catlin as his own company’s share price tumbled in response.

Vibe Lloyd's

Soros-backed Vibe becomes latest syndicate to close since Lloyd’s crack down

The George Soros-backed Vibe Syndicate 5678 has become the third full Lloyd’s syndicate to close as a consequence of the tough performance review led by the market’s head of underwriting, Jon Hancock.

Lloyd's building

Pioneer becomes fourth full syndicate to close since Hancock warning

Pioneer Syndicate 1980 has become the fourth full syndicate to close following a Lloyd’s market meeting in May 2018 when the Society’s head of underwriting Jon Hancock launched remedial action to turn around the performance of the market and warned that a tougher regime would lead to syndicate closures.

Burberl Roller coaster

Axa XL’s Burberl was wrong – but only by two months

In March 2018, Axa’s youthful CEO Thomas Burberl was forced to defend his decision to pay $15.3bn for XL Catlin as his own company’s share price tumbled in response.

Vibe Lloyd's

Soros-backed Vibe becomes latest syndicate to close since Lloyd’s crack down

The George Soros-backed Vibe Syndicate 5678 has become the third full Lloyd’s syndicate to close as a consequence of the tough performance review led by the market’s head of underwriting, Jon Hancock.



MIND THE GAP

Mind the gap…

There are now only three listed Lloyd’s (re)insurers so it’s particularly noteworthy when one initially falls over fourteen percent on the same day one of the others leaps over seven percent.

Mark Watson and Ed Noonan

Argo: Just a coincidence?

The timing of the Watson and Noonan departures may not have any significance but the Argo vacancy could be attractive for a seasoned executive looking for a platform in a fast-improving market dynamic…

Apollo and Athene

Flexible friends

Apollo’s recent news and RenRe’s continued pre-eminence are reminders that the provision of capital and originating and underwriting risk are flexible partnerships. They work best when there is a strong alignment of interest…

MIND THE GAP

Mind the gap…

There are now only three listed Lloyd’s (re)insurers so it’s particularly noteworthy when one initially falls over fourteen percent on the same day one of the others leaps over seven percent.

Mark Watson and Ed Noonan

Argo: Just a coincidence?

The timing of the Watson and Noonan departures may not have any significance but the Argo vacancy could be attractive for a seasoned executive looking for a platform in a fast-improving market dynamic…

Apollo and Athene

Flexible friends

Apollo’s recent news and RenRe’s continued pre-eminence are reminders that the provision of capital and originating and underwriting risk are flexible partnerships. They work best when there is a strong alignment of interest…