Commercial Lines related articles – Page 94
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News
Peter Cullum in talks to sell Lloyd’s of London broker to US firm
Cullum could rake in up to £800m for the sale of GRP
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FM Global appoints new UK operations manager
The firm’s new hire has previously worked at Cobham and GlaxoSmithKline
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Ecclesiastical scoops former Beazley veteran
He is also a non-executive director at Lloyd’s of London
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EXCLUSIVE: Beazley puts UK marine book into run-off
As of today, the underwriter will no longer underwrite UK regional cargo, freight liability and commercial hull risks
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Lloyd’s confirms business classes set to participate in modernised syndication pilot
The trial forms part of the market’s Future at Lloyd’s strategy
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McLarens hires new C&E head for UK and Ireland from Advanta
This is one of three new appointments for the global loss adjuster
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AFG places Neon Underwriting into run-off
The insurer plans to exit the Lloyd’s of London market this year
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AXA UK and Brokerbility Academy offer management training for broker leaders
The sessions target prevention and intervention around themes such as bullying
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MGA group buys Newbridge Risk Partners for undisclosed sum
It extends the MGA group’s niche expertise
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Agenda
Increased fire risk highlights insurance concerns on bigger container ships
The risk from undeclared or misdeclared hazardous cargo has grown substantially
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IUA targets cyber warfare and climate change in 2020
The IUA will also update members on Brexit-related issues
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Tulloch takes u-turn on Aviva’s potential break-up plans
The chief executive says the insurer is ‘stronger together’
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Brokerfest 2020: What does the future hold for brokers?
https://www.abacuscloud.info/content-display/gallery-layout-and-image-overlay/119.article
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Amlin confirms run-off date for four of its UK P&C lines
The move is part of the insurer’s wider strategic reorganisation
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Helios Underwriting acquires Lloyd’s limited liability member at 16% discount
The listed investment organisation extends underwriting capacity with new purchase
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Berlin-based WeFox set to launch app in UK
But uncertainty surrounding Brexit delays parent company’s launch of UK-based insurer
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MGA Victor sets up Lloyd’s syndicate
It will be effective from January 2020 and provide opportunities for capital partners to participate in risks underwritten by its various hubs
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Lloyd’s secures £300m loan to fund Future at Lloyd’s blueprint
The market has taken advantage of low interest rates to implement first phase of manifesto
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Brit offers diversified risks with new ILS fund
The fund will enable investors to access the Lloyd’s market