Lloyd’s underwriting room to stay closed until 17 May
Lloyd’s is set to reopen the underwriting room on 17 May, with the Corporation offices scheduled to partially reopen on 12 April.
ERS posts FY 2020 CR of 91.9% as pivot to specialty lines continues
Aquiline-backed ERS has reported a combined ratio of 91.9 percent for 2020, an improvement of 7.8 points year on year.
Mosaic hires former Axa XL cyber specialist Tuplin to head international book
James Tuplin has joined Mosaic as head of international cyber underwriting following his recent departure from Axa XL, The Insurer understands.
Lancashire Syndicate 2010 outperforms forecast to return profit for 2018 YoA
Lancashire Syndicate 2010 has returned a profit for the 2018 Lloyd’s year of account (YoA) following a 6.9 percentage point improvement on its previous forecast range.
Lloyd’s accelerates Covid-19 response initiative ReStart as workstreams go live
Lloyd’s is moving forward with its delayed SME-focused pandemic response ReStart, with working groups reconvening this week and working to an accelerated six-week timetable period to develop solutions, The Insurer can reveal.
Lloyd’s syndicates Argenta 2121 and Coverys 1991 to keep 2018 YoA open
At least two Lloyd’s syndicates are not currently in a position to close their 2018 years of account (YoA) due to Covid-19 loss uncertainty and run-off.
Lloyd’s latest culture survey shows improvements but booze and bullying still prevalent
A Lloyd’s-commissioned survey suggests there has been a reduction in the number of cases of inappropriate behaviour following the introduction of tough new measures to improve the market’s culture by CEO John Neal.
Compre unveils Lloyd’s RITC deal for Sportscover portfolio
Recently acquired run-off firm Compre has completed a second deal through its new Lloyd’s syndicate with the legacy specialist announcing a reinsurance-to-close (RITC) transaction for Syndicate 3330’s 2018 year of account.
Mosaic hires former Axa XL cyber specialist Tuplin to head international book
James Tuplin has joined Mosaic as head of international cyber underwriting following his recent departure from Axa XL, The Insurer understands.
Arch Managing Agency appoints Tucker as managing director
Louis Tucker has been appointed managing director of Arch Managing Agency Limited, replacing Ben Canagaretna in the role.
Willis Re names PartnerRe’s Büker as head of Lloyd’s capital
Willis Re has appointed former PartnerRe executive Michel Büker to the dual role of head of Lloyd’s capital at Willis Re Specialty and head of production, customised solutions for Europe, Middle East and Africa.
Industry veteran Brosnan named CEO at WR Berkley Syndicate Management
WR Berkley has hired ex-CNA Hardy CEO David Brosnan to head up its own Lloyd’s managing agent, succeeding Alastair Blades who will remain CUO as the carrier separates the roles.