Helios grows 2021 YoA capacity to £133mn following 21 LLV acquisitions
Lloyd’s investment vehicle Helios has grown its total 2021 year of account capacity to £132.9mn ($177.1mn) following the acquisition of 21 limited liability vehicles over the past three months.
Syndicate forecasts show modest improvement as Covid-19 reserves remain stable
Syndicate forecasts for the 2019 year of account look set to improve further ahead of closing at year end as Covid-19 reserves continue to remain stable at Lloyd’s.
MPS granted final approval for SPA 1892 to become full syndicate
The Medical Protection Society has been granted final approval for its Asta-managed Special Purpose Arrangement 1892 to transition to a full syndicate.
Lloyd’s DRF launches parametric cyclone product for North Australia
The Lloyd’s Disaster Risk Facility (DRF) has unveiled an innovative parametric cyclone insurance product for retail clients based in Northern Australia, with Beazley leading the new offering supported by Axa XL, Hiscox and RenaissanceRe.
Lloyd’s confirms Aviva’s Arklie to land in January as cyber head
Lloyd’s has confirmed that Neil Arklie will take on the newly created role of head of cyber in January, with the Aviva cyber leader set to help the Corporation achieve “sustainable and profitable” performance in the class at One Lime Street, where roughly a fifth of global premium is written. ...
Apollo receives Lloyd’s approval to convert SPA 1971 into standalone syndicate
Expansive Lloyd’s insurer Apollo Syndicate Management has received the green light from Lloyd’s to establish and manage gig economy-focused Ibott Syndicate 1971 for the 2022 year of account, having received in-principle approval in July 2021.
Lloyd’s brings in Aviva’s Arklie for new head of cyber underwriting role
The Corporation of Lloyd’s has hired Aviva’s head of cyber Neil Arklie as it looks to strengthen its oversight of the growing class, The Insurer can reveal.
Lloyd’s 2022 medical start-up syndicate seeks ILS, Names capital
The former QBE underwriting team behind the 1.1.22 Lloyd’s medical start-up syndicate are expected to attract backing from both ILS funds and third-party Names’ capital, The Insurer can reveal.
Lloyd’s confirms Aviva’s Arklie to land in January as cyber head
Lloyd’s has confirmed that Neil Arklie will take on the newly created role of head of cyber in January, with the Aviva cyber leader set to help the Corporation achieve “sustainable and profitable” performance in the class at One Lime Street, where roughly a fifth of global premium is written. ...
Lloyd’s brings in Aviva’s Arklie for new head of cyber underwriting role
The Corporation of Lloyd’s has hired Aviva’s head of cyber Neil Arklie as it looks to strengthen its oversight of the growing class, The Insurer can reveal.
Munich Re’s London stalwart Hoare returns to Lloyd’s Council
Munich Re Syndicate group CUO and active underwriter Dominick Hoare will return to the Lloyd’s Council in February 2022 after a close to one-year absence.
Lloyd’s names Cooper as head of UK in host of branch appointments
Lloyd’s Insurance Company (LIC) has appointed Mark Cooper as head of its UK branch in addition to his current role as head of European branches and chief market development officer.