Commercial Lines related articles – Page 89
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News
Newly launched London market broker begins trading
A new independent intermediary has been founded by two London market brokers
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Fourth 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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John 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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Lloyd’s Brexit transfer gets final High Court approval
This transfer will be effective just after midnight on 30 December 2020
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Three 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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Howden buys cyber and technology-focused broker
The company says the purchase ‘supercharges our growth in this important market’
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Take 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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Brit’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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Sponsored Content
How online data could transform the insurance sector’s relationship with corporate risk – Luminati
Luminati’s vice president of APAC and EMEA Tamir Roter tells Insurance Times how data could improve how the insurance market deals with corporate risk
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News
Lloyd’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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Lloyd’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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Automated underwriting is a ‘huge opportunity’ for the insurance industry – Ki
Harnessing data could help brokers and insurers maintain a competitive edge
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Syndicate 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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Private 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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Howden and Ki enter long-term partnership
Ki’s chief executive said that the partnership represents “another significant milestone”
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Online only
AXA 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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News
Lloyd’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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FCA 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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News
London 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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News
Rate rises fuel premium income growth for Hiscox
The insurer also saw no further rises in its Covid-19 claims estimate