Commercial Lines related articles – Page 98
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Lloyd’s margins are ‘too thin’ for major catastrophe losses
Declining reserves and thin underwriting margins concern analysts at half-year results
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Neal ‘devastated’ by Lloyd’s sexual harassment report
Culture survey following harassment report findings to be discussed next week
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Lloyd’s posts £2.3bn profits but underwriting deteriorates
Lloyd’s boosted by strong investment performance but much work remains on underwriting
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Aon sees Lloyd’s facing pivotal moment ahead of blueprint report
Aon offers its broker’s-eye-view on chief executive John Neal’s plans for the future at Lloyd’s, ahead of its blueprint publication on 30 September
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Argo syndicate to exit most hull business amid ‘unsustainable’ combined ratios
Syndicate 1200 also set to stop underwriting operations in Asia
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Aon MGA pulls out of solicitors PI market
Several Lloyd’s capacity providers previously supporting Aon MGA Maven had withdrawn their capacity as part of the Lloyd’s profitability review
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Canopius partners with property AI start-up Arturo
New property analysis capability to be integrated into Canopius to aid in pricing
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Gallagher Bassett expands London market presence with acquisition
Gallagher subsidiary picks up assets of Welsh claims management firm
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RSA keeping future of London commercial business under review
RSA chief executive Stephen Hester says remaining London commercial business “will stay under careful review”
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RSA returns UK personal lines to profit at expense of premium
RSA takes a disciplined approach to personal lines pricing, resulting in a return to underwriting profit
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Arch acquires Lloyd’s insurer Barbican
Arch builds its presence at Lloyd’s with Barbican deal
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Lloyd’s broker Paragon bought by Australian insurance group
The deal will take PSC’s controlled premium at Lloyd’s to around £500m
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Beazley poised for profits bounceback as it focuses on broker relationships
Half-year profits soar by 189% compared to 2018
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Lloyd’s raises electronic placement targets for syndicates
Syndicates are expected to place the majority of their business through an electronic placement system, with the target amount increasing up to the end of the year
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Lloyd’s delays launch of new modernised platform until 2020
John Neal says that the insurance industry cannot wait until 2023 for “The Future of Lloyd’s” to have an impact
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Lloyd’s transformation strategy continues as £53m emerging risks facility launched
Facility gives Lloyd’s underwriters scope to experiment with new risks
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Ardonagh-owned firm hires three to launch new security risks unit
Large UK corporates with international security risk exposure are the target market for the new practice
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Lloyd’s suspends member for ‘inappropriate’ drunken comments
Lloyd’s chief executive John Neal reveals suspensions have already been issued to members as part of efforts to drive out sexual harassment and bullying
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Lloyd’s details plans for delegated authority market
Speaking at a conference this week, further specifics were given on planned changes to the delegated authority market
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Amanda Blanc and Greg Case drafted in to help thrash out Lloyd’s future
The committee will be responsible for supporting the creation of Lloyd’s prospectus