Lloyd’s appoints new headhunting firm to find Beale’s successorLloyd’s has formally begun the search for Inga Beale’s successor as the Corporation’s CEO by appointing a different executive recruitment firm than its usual headhunting duo of Odgers Berndtson or the Zygos Partnership, re-Insurance.com can reveal.
Marine insurers must adapt to the new normal: BealeThe out-going CEO of Lloyd’s Inga Beale has told marine insurers to adapt to the “new normal” of low prices and increased loss ratios in order to become sustainable again.
The 18 frontrunners to replace Inga BealeFollowing the announcement on Friday that Lloyd’s CEO Inga Beale will leave the Corporation later this year, re-Insurance.com looks at the likely candidates that will be considered by the Corporation’s chairman Bruce Carnegie-Brown to succeed her…
Search begins for the Lloyd’s (wo)man of all seasonsThe classic 1966 film A Man for all Seasons reveals the impossible task of the devout Sir Thomas More when he is ordered by Henry VIII to persuade the Pope to annul his marriage to Catherine of Aragon.
Lloyd’s begins hunt for Beale’s successorLloyd’s has confirmed that Inga Beale will step down in 2019 after five years as CEO as it begins a search for her successor.
Lloyd’s CEO Beale to step downThe chief executive of Lloyd’s Inga Beale is to step down after four years at the helm of the Corporation.
Chaucer expects casualty premiums to fall 11%Up-for-sale Lloyd’s carrier Chaucer expects its casualty book to shrink over the next two years according to a business plan seen by re-Insurance.com.
Advent pulls the plug on hull and cargo bookFairfax-owned Lloyd’s syndicate Advent has become the latest carrier to pull out of marine classes, after it stopped writing hull and cargo lines earlier this week, re-Insurance.com can reveal.
Up-for-sale Chaucer hikes 2018 reinsurance spendLike its fellow up-for-sale (re)insurer Aspen, Lloyd’s carrier Chaucer has dramatically hiked its reinsurance spend in 2018 after last year’s heavy losses, re-Insurance.com can reveal.
AmTrust shutters its Lloyd’s marine bookAmTrust has jettisoned its Lloyd’s marine business - which is thought to be worth up to £30mn ($39.9mn) - in a shock decision announced earlier this week, re-Insurance.com can reveal.
Lloyd’s hones in on underperforming marine classesLloyd’s has issued yet another warning to syndicates writing various marine classes that profitability must improve or they face being barred from operating in the segment, re-Insurance.com can reveal.
TMK loses long-serving Prifti in A&H restructureThe head of accident and health (A&H) at Tokio Marine Kiln, Tim Prifti, has resigned amid a “reshaping” of the department.
Barbican swoops on Chubb to expand cyber teamBarbican has appointed Lauren Webb as a class underwriter for cyber within its Lloyd’s Syndicate 1955.
Enstar weighs Atrium and StarStone sale in frothy M&A marketLegacy giant Enstar has confirmed the appointment of investment bank Evercore to sell its two live underwriting businesses.
Hyperion takes 10% stake in Apollo PartnersHyperion - which owns brokers Howden and RKH, as well underwriting agency Dual - has acquired a 9.9 percent stake in the holding company for Lloyd’s managing agency Apollo.
Berkshire Hathaway’s Abel made Aegis London non-execBerkshire Hathaway’s chairman of non-insurance business operations and potential Warren Buffett successor Greg Abel has been made a non-executive director of Aegis London’s board.
ArgoGlobal hires credit and political risk underwriter from Aspen Argo’s Lloyd’s operation has hired Aspen’s acting global head of credit and political risk Daniel Byrne.
Brit takes Talbot’s COO GouldBrit has hired Michael Gould to take over as chief operating officer after Nigel Meyer left for Canopius.
Aviation goes live on PPLAviation risks can now be quoted and bound on electronic placing platform PPL, it was announced today.
Markel enters Lloyd’s India to write reinsuranceUS carrier Markel has been granted a license by the Indian regulator to write reinsurance business in the country through the Lloyd’s India platform.