Lloyd's syndicates' 2020 stamp capacity change

A third of Lloyd’s syndicates greenlighted for +10% growth

2019-11-28T15:41:00+00:00

Nearly a third of syndicates have received business plan approval from Lloyd’s to increase their stamp capacity by 10 percent or more in 2020, analysis by The Insurer can reveal.

Chubb voting – Lloyd's

Greenberg’s vote of Lloyd’s confidence…

2019-11-27T15:54:00+00:00

How quickly the tides of sentiment can change…

Lloyd's rotten apple

Is Lloyd’s really rotten?

2019-11-25T12:07:00+00:00

Lloyd’s has a rotten culture, according to the Sunday Times and its business editor, Oliver Shah.

Lloyd's building

Pioneer becomes fourth full syndicate to close since Hancock warning

2019-11-14T19:27:00+00:00

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.

Vibe Lloyd's

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

2019-11-08T16:05:00+00:00

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.

Auction-1-2018-vs-Auction-1-2019

Will the pricing mismatch continue in the second Lloyd’s capacity auction?

2019-10-29T15:28:00+00:00

The second Lloyd’s capacity auction begins tomorrow and observers will be scrutinizing closely to see whether the marked gap between buyers and sellers’ expectations narrows.

Lloyd's building

Pioneer becomes fourth full syndicate to close since Hancock warning

2019-11-14T19:27:00+00:00

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.

Barbican Project and Burns & Wilcox

Kaufman to acquire Lloyd’s carrier Barbican’s UK MGA

2019-11-25T20:34:00+00:00

HW Kaufman Group, the US intermediary that owns wholesaler Burns & Wilcox, is poised to acquire a UK MGA owned by Barbican once the Lloyd’s insurer’s sale to Bermudian Arch Capital completes.

Grahame Chilton - Capsicum Re

Clock ticking for Gallagher to trigger Capsicum Re buyout option

2019-11-22T12:38:00+00:00

Time is running out for AJ Gallagher (AJG) to call in its option to acquire the 80 percent it doesn’t currently own in the London market reinsurance intermediary Capsicum Re.

Mike Bruce

GRP acquires Gauntlet Insurance Services

2019-11-18T09:23:00+00:00

UK broker consolidator Global Risk Partners (GRP) has acquired London-based private client broker Gauntlet Insurance Services.

Aaron Woodhams – Iprism

Iprism names Arch’s Woodhams underwriting manager

2019-12-04T12:50:00+00:00

Property and high net worth MGA Iprism has hired Aaron Woodhams for the newly created role of underwriting manager.

Rokstone logo

Rokstone swoops on Alesco’s Anson

2019-11-22T16:45:00+00:00

Rokstone Underwriting, the ambitious London-headquartered MGA, has hired Alesco energy broker Ian Anson as lead underwriter within its burgeoning property team, The Insurer can reveal.

Travelers – Lloyd's

Travelers to cease writing cargo at Lloyd’s

2019-11-20T08:54:00+00:00

US carrier Travelers is exiting cargo business at Lloyd’s, The Insurer understands.

city skyline London

CFC names AIG’s Marshall transaction liability head

2019-11-19T10:39:00+00:00

London-based MGA CFC has appointed Angus Marshall as its transaction liability practice leader, as it targets growth in the US and “further afield.”