Commercial Lines related articles – Page 116
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Willis unveils senior leadership roles in GB business
Under the changes Ailsa King will head up client organisation in the UK
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Mitsui’s £3.5bn Amlin takeover to complete on 1 February
Court hearing to sanction takeover scheme scheduled for 28 January
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RSA moves into Lloyd's building
Insurer takes ten desks to grow London Market wholesale business
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Ex-Lloyd's of London boss Ward joins Direct Line
Ward impressed with Direct Line’s results since 2012 flotation
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New MGA Accelerate Underwriting in 3-year sports deal with JRW
JRW says deal will help group achieve ambitious plans
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Guy Carpenter sets up advisory council as it plots growth in EMEA
Council is composed of senior figures from Guy Carpenter and wider reinsurance industry
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FSCS refunds premiums owed to 2,600 customers of failed insurer ERIC
FSCS says it is working with ERIC to determine the payment details of the remaining policyholders
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Innovation Broking hires two directors and opens London office
Start-up broker looks to Stackhouse Poland and Gallagher for new directors
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RSA expands marine management team with appointments
Insurer says hires will help it to meet the challenges and opportunities in marine insurance market
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Allianz to launch mid-corporate print, publishing product
Offering will target companies with a premium of between £5,000 and £100,000
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Investment in acquisitions drives fall in Cobra pre-tax profits
But surplus funds from disposals have produced profits of £800,000 in current year and enabled Cobra to reduce bank debt
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Wholesale, multinational to be significant business sources - Aviva
But Aviva’s chief distribution officer stressed that chasing premiums would not be part of the insurer’s growth strategy
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Besso secures funding from Clydesdale Bank
Finance will pay off BP Marsh loans and fund future growth
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25% of London Market to rely on investments for profit in 2016
PriceWaterhouseCoopers sees average London Market COR of 98%, or 95% with investment returns
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Lloyd's Tom Bolt to depart in 2016
As director of performance management Bolt is responsible for the commercial performance of Lloyd’s
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Risk managers, underwriters reach deal on late payment law
New law allowing policyholders damages for late payment to include a one-year cut-off
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Hiscox appoints Red24 to advise product liability clients
Deal provides technical, regulatory and public relations support
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Xchanging to provide software for Aon London Market operations
Deal follows 20 smaller contracts
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London Market Group to survey insurance skills gaps
Survey to identify talents needed in future insurance market