GRP sees gross written premium climb 27% to £700mn
Specialist insurance consolidator Global Risk Partners has seen gross written premium exceed £700mn, up 27 percent on 2016/17 as the Peter Cullum led firm builds on ambitions to be a £1bn GWP business.
Barbican takes CNA Hardy’s former property treaty underwriter Watson
Lloyd’s insurer Barbican has appointed Emma Watson class underwriter for property treaty.
Lloyd’s in search of next cohort of InsurTech start-ups
Lloyd’s Lab - the innovator accelerator launched by the Lloyd’s market last September – has launched a global search for the next cohort of InsurTech innovators.
Cali wildfire disclosures, data now pointing to circa $15bn loss
2018 now appears odds on to have exceeded last year in terms of insured losses from the California wildfires following a series of disclosures and loss estimates late last week.
WTW demonstrates PPL credentials ahead of 2019 broker league table
Willis Towers Watson (WTW) has backed up its reputation as a London market “good citizen” by publishing data showing its own usage of the e-placement platform, PPL, in the third quarter.
Labuan Re reassures after AM Best outlook downgrade; cuts back at Lloyd’s
Malaysian reinsurer Labuan Re has written to its markets today reassuring them of its “strong fundamentals” following AM Best’s decision to reduce its outlook on its A- financial strength rating on the carrier from stable to negative.
Axa commits to Lloyd’s following $15.3bn XL deal
The Lloyd’s market remains a key part of Axa XL’s distribution capability, Axa XL CEO Greg Hendrick told investors yesterday, as the executive affirmed the carrier’s commitment to Lime Street.
Arch acquires Ardonagh’s commercial lines business
Arch Insurance Europe is to take over the UK commercial lines business of The Ardonagh Group.
BGC Partners acquires London market broker Ed
Private equity’s interest in London market brokers has continued this morning with news that BGC Partners has acquired Ed.
Miller snaps up London (re)insurance broker Alston Gayler
Miller has confirmed it has entered into a definitive agreement to acquire Dutch-owned London market wholesaler Alston Gayler, as previously predicted by Re-Insurance.
Barbican takes CNA Hardy’s former property treaty underwriter Watson
Lloyd’s insurer Barbican has appointed Emma Watson class underwriter for property treaty.
CNA Hardy hands Carl Day active underwriter role
CNA Hardy has named Carl Day as Active Underwriter of Syndicate 382, taking on the role from Patrick Gage.
Lloyd’s appoints Christian Noyer to Council and Brussels’ board
Former French central bank governor Christian Noyer has been appointed non-executive director of the Lloyd’s Council, and independent non-executive director of Lloyd’s Brussels’ with effect from 2 November.
Guy Carpenter’s Carter to join Lloyd’s Council in 2019
Reinsurance powerbroker Vicky Carter will become the second female member of the Lloyd’s Council in 2019, Re-Insurance can reveal.