Commercial Lines related articles – Page 99
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Canopius to become top five Lloyd's player with acquisition of AmTrust book
The transaction will see AmTrust end its direct interest in Lloyd’s although it does take a double digit minority stake in Canopius through the deal
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Lloyd's in line for £1.6bn policy amid F1 insurance shake up
Lloyd’s of London to benefit as Formula 1 firms look to ease insurance costs
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BGC completes Ed acquisition
Ed chief executive Steve Hearn will head up the group’s insurance division, which also includes Besso
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McLarens Aviation announces new MD as Minett retires
Minett retires after 27 years at McLaren’s, and 43 year in the insurance industry
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Brightside’s MGA Kitsune finally launches
The insurance broker planned to launch in September 2017 but was held back due to the changes in the Ogden rate
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Ex-Catlin pair plan new Lloyd's product, sparking overcapacity fears
Hull rates have been hardening following a difficult year
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China Re completes $950m Chaucer deal
China Re plans to transfer it’s Lloyd’s syndicate to Chaucer’s managing agency
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Citynet acquires wholesale business of Lloyd's broker
Staff are moving to Citynet as part of the deal
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Ratings agency delivers negative 2019 sector outlook for UK general insurers
Fitch’s assessment of the year ahead suggests home and motor markets could have a particularly difficult year
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One week left for SMCR conversion notifications warns FCA
Insurers will have until midnight on the 2 December to submit a conversion notification
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Four more insurers sign up for Women in Finance Charter
The new signatories take the number of those signed up to 300
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Insurance uptake tumbles for sole traders and micro-SMEs
The SME insurance market is estimated to be worth £8.3bn by 2020
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A.M. Best issues Folgate BB+ rating ahead of relaunch
Folgate chief executive Brian Russell said he would look to improve the rating in the months following the relaunch in December
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Shirine Khoury-Haq resigns as Lloyd’s COO
Khoury-Haq has been in the role for nearly five years
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Folgate eyes former Lloyd's business as it announces MS Amlin partnership
MS Amlin will join from the insurer’s relaunch in December, allowing Folgate to offer greater capacity to the broker market
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Covéa chief executive resigns from Scor board
In September Kessler “hit out” at Covéa’s acquisition offer, fiercely resisting its 8.2 euro ($9.65bn) takeover bid
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Jobs at risk as RSA exits three lines and slashes London market premium
RSA’s London market business will now focus on four key specialisms
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Arcus Syndicate increases property capacity in 2019 plan
Lloyd’s is currently reviewing the 2019 business plans of its syndicates