Commercial Lines articles – Page 82
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NewsSyndicate goes into run off as remediation efforts fail
Lloyd’s of London said it will continue to purge the market of business it believes is not delivering
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NewsPrivate equity firm and Singapore wealth fund to buy WTW’s Miller
The deal marks the first step in Cinven’s new financial services-focused strategy
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NewsHowden and Ki enter long-term partnership
Ki’s chief executive said that the partnership represents “another significant milestone”
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Online onlyAXA XL makes senior underwriting hire
Internal promotion puts new hire in charge of marine, energy and aerospace, UK and Lloyd’s market
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NewsLloyd’s told new blueprint requires total London Market support
Lloyd’s reveals Blueprint Two priorities, including the use of AI to streamline costs
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NewsFCA outlines key drivers of harm for Lloyd’s and London Market in new ‘Dear CEO’ letter
The letter, which is targeted at Lloyd’s and the London Market intermediaries and MGAs, provides an overview of the areas of focus within the regulator’s supervision strategy
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NewsLondon Market sees greater influx of US casualty and property premium
The tightening of US markets and hardening London rates are seen as pull factors attracting US business to London
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NewsRate rises fuel premium income growth for Hiscox
The insurer also saw no further rises in its Covid-19 claims estimate
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NewsAfrican-Caribbean Insurance Network partnership highlights role of insurance in black lives
Eleven stories demonstrating the role of insurance in black people’s lives will be published
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NewsLloyd’s to increase London Market BAME representation in long-term plan
A study from Lloyd’s found that 70% of black respondents saw their visual diversity as a barrier to promotion
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NewsERS reveals new chief exec as Ian Parker to step down
The specialist motor insurer has also announced plans to expand its cover
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NewsCovid-19 to drive Lloyd's workplace innovation - John Neal
Neal said that Lloyd’s transformation is about reducing cost of doing business
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Breaking NewsStructural defects insurer enters administration as FSCS steps in to save policyholders
Buildings guarantee insurer has been struggling with the volume of high-value claims in recent months
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NewsLloyd’s reveals ‘off the shelf’ business interruption policy
The new product will use a parametric model
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NewsConvex Group announces new chief executives in Bermuda and London
Co-founder Paul Brand steps down to make way for two internal promotions
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NewsNew funding for Brit’s digital syndicate Ki adds ‘firepower’ to expansion plans
Ki plans to ‘rapidly scale the business’ as it gears up to launch later this year
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NewsLloyd’s of London backs FCA BI test case ruling
Following the ruling from the High Court on the FCA business interruption test case, Lloyd’s and LIIBA explain their stances
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NewsLloyd’s of London expecting to pay out £5bn in claims, despite reporting stronger solvency position
Lloyd’s of London announces its half year results for 2020, but says its in a ’strong solvency position’ despite Covid-19 claims and ongoing pandemic
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NewsBrit’s digital syndicate Ki names chief executive
The syndicate aims to launch next year, and is backed by Brit and Google Cloud
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NewsLloyd’s of London becomes target for climate campaigners as underwriting room reopens
Lloyd’s of London workers were met with some climate protesters raising their concerns as they returned to work after its underwriting room has remained shut since March due to the coronavirus pandemic
