Insight and Intelligence on the London & International Insurance Markets

4 February 2012

Lloyd’s welcomes new (re)insurers Allied World and Chubb

4 June 2010

US insurance giant Chubb and Bermudian (re)insurer Allied World Assurance Company (AWAC) will both begin underwriting at Lloyd's later this month for risks incepting on 1 July.

Although both have modest initial capacity, they are the latest in a long line of established industry (re)insurers to have received authorisation to form underwriting platforms at Lloyd's in recent years.

Both were widely trailed - The Insurance Insider predicted the arrival of Allied World as early as December 2009 - but nonetheless...

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