Commercial Lines articles – Page 81
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NewsLloyd’s to stop insuring fossil fuel projects by 2030
The London market will aim to reduce premium income from fossil fuel to just 2% of premium income by 2022
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NewsCatastrophe losses cost insurers $83 billion in 2020
Losses from secondary peril events are forecast to increase, driven by climate change - Swiss Re sigma
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NewsRSA confirms managing director for London Market business
The interim posting has been made permanent
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NewsNovidea looking to grow internationally following specialist broker on-boarding
Novidea is targeting commercial non-commoditised business
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NewsData sharing needs to improve for London Market to lead in cyber insurance
A panel of industry experts highlight why London is the natural “hub” for cyber insurance provision and what the market needs to do to lead from the front in this product line
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NewsBrit appoints new group chief financial officer from RSA Scandinavia
The new hire will start in May 2021
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NewsSpecialist motor insurer boosts expansion plans by backing Lloyd’s syndicate
The insurer will work with Arch Managing Agency Limited to transfer managing agency responsibilities in the next few months, but this is subject to Lloyd’s approval
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NewsInsurance Times Awards finalist 2020 Q&A: CDL’s Hummingbird syndicate puts insurance providers in the cloud
This month the winners for Insurance Times Awards 2020 will be revealed at a virtual ceremony on 9 December
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NewsLondon market startup received launch go-ahead
The London market startup has also appointed the former president and chief executive of AIG’s Lexington Insurance
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NewsNewly launched London market broker begins trading
A new independent intermediary has been founded by two London market brokers
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NewsFourth consecutive year of rate rises gives Lloyd’s tail wind to deliver its plans
Lloyd’s of London anticipates it will pay £5bn in Covid-19 claims, but John Neal says this is good news
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NewsJohn Neal reveals Lloyd’s of London’s ultimate goal
In a Q3 trading update, the Lloyd’s boss revealed his ultimate goal for the marketplace and why it continues to focus on performance agenda
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NewsLloyd’s Brexit transfer gets final High Court approval
This transfer will be effective just after midnight on 30 December 2020
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NewsThree ex-Hiscox bosses set up new Lloyd’s insurance group
NatWest Group’s Sir Howard Davies has been appointed as the group’s chairman
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NewsHowden buys cyber and technology-focused broker
The company says the purchase ‘supercharges our growth in this important market’
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NewsTake greater heed of climate risks, insurers warned
Law firm partner says insurers may need to take a leaf out of cyber insurance’s book with ‘explicit exclusions’
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NewsBrit’s syndicate Ki onboards its first broker trading partners ahead of New Year launch
Ki’s broker partners include Aon, Gallagher and Marsh among many others
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NewsLloyd’s broker enters professional indemnity and public liability cover for esports
The esports industry is estimated to generate $1.6bn (£1.2bn) by 2023
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NewsLloyd’s pandemic losses worse than predicted, says chairman Carnegie-Brown
The insurance market previous estimated losses would be around the $107bn mark, but has revised that figure upwards
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NewsAutomated underwriting is a ‘huge opportunity’ for the insurance industry – Ki
Harnessing data could help brokers and insurers maintain a competitive edge
