Commercial Lines related articles – Page 111
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NewsTowergate makes senior hire to lead new London market unit
Unit will sit alongside casualty and liability units
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NewsJapanese insurer appetite for London not dulled by Brexit
There are fears that Lloyd’s could lose out if free trade between UK and EU is restricted
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NewsHiscox completes sale of DirectAsia's Hong Kong arm
Deal will allow Hiscox to develop other existing DirectAsia brands
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NewsAIG in talks to sell Ascot stake - reports
Lloyd’s insurer Ascot Underwriting provides insurance for marine hulls and cargo
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NewsAXA plots more mid-market wins with training scheme
Scheme will help AXA underwriters take advantage of period when brokers are deciding on insurer
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NewsAmlin launches e-trade product as it plots regional SME expansion
MS Amlin has significant growth ambitions for the UK
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NewsCharles Taylor syndicate expands range of cover and grows team
Syndicate 1884 outlines new underwriting appointements and risk covers
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NewsFCA in u-turn over client money rules
FCA abandons changes to client money rules following industry feedback
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NewsSurprise Brexit gains help boost ERS first-half profit
Lloyd’s motor insurer reports £7.3m profit
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NewsLancashire profit drops 36% as earned premiums fall
Specialist London-based insurer Lancashire Holdings made a profit before tax of $56.6m (£43.1m) in the first half of 2016, down 36% on the $88.6m profit it made in the same period last year. The main cause of the profit reduction was a 16% drop in net ...
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NewsBP Marsh hires bank to advise on sale of Besso stake
The board of Besso and its shareholders have hired investment bank and financial advisory firm Canaccord Genuity to carry out a strategic review for the Lloyd’s broker. Venture capitalist BP Marsh which is led by Brian Marsh (pictured), has a 44.97% stake in the broker announced ...
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NewsBrexit: Hiscox mulls setting up EU-based insurance company
Hiscox has said it is considering setting up a new EU-based insurance company as trading arrangements become clearer following the UK decision to leave the EU. Following the release of the half year results this morning the Lloyd’s insurer said it was preparing for a range ...
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NewsHiscox UK and Europe profits up 42.4%, appetite for larger risks grows
Lloyd’s insurer Hiscox’s UK and Europe division made a profit before tax of £65.2m in the first half of 2016, up 42.4% on the £45.8m in the same period last year. The division’s combine ratio improved by 6.9 percentage points to 79.9% (2015: 86.8%). Gross premium ...
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NewsTowergate makes hire from RKH to accelerate London Market growth
Towergate has confirmed the appointment of Neil Pearce as managing director of its London Market division. Pearce will join Towergate on 5 September and report directly to group chief executive David Ross. News reports in May had suggested Pearce was heading to Towergate. The broker says that Pearce’s appointment signals ...
