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.
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.
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.
Malaysian reinsurer Labuan Re has had its AM Best A- financial strength rating put on negative outlook as it contemplates another year of underwriting losses in both its international and domestic boom.
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.
CNA Hardy has named Carl Day as Active Underwriter of Syndicate 382, taking on the role from Patrick Gage.
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.