Issues

Lockton International has sought to burnish its credentials as a partner to London market carriers by pointing to its lack of market-derived income.

A number of key energy brokers have tendered their resignations at AJ Gallagher's energy-focused London market wholesale arm Alesco, The Insurance Insider can reveal.

Pressure on the UK government to rework the Ogden discount rate has intensified with an intervention from a Conservative peer and former senior insurance industry figure.

Food analogies can be a lot of fun, as long as they don't go stale.

Aon Benfield is in the latter stages of putting together its second regional facultative reinsurance facility to package up capacity for UK, European and Middle Eastern clients, The Insurance Insider can reveal.

Insurance-linked securities (ILS) returns have outpaced yields from stocks and investment grade corporate bonds over the past 15 years, according to analysis from Lane Financial

Cat bond sponsors took advantage of strong investor demand in the second quarter of 2017 to bulk up on insurance-linked securities (ILS) cover, with the upsizing of transactions adding $1.9bn to quarterly volumes.

The 1.5x multiple Axis has agreed to pay to acquire Novae has sparked a market debate around the attractiveness of the deal for both parties.

Novae's exit from the public markets will leave Beazley, Lancashire and Hiscox as the only London-listed insurers at Lloyd's, well short of the sector's heyday when a basket of Lloyd's stocks would have included more than 10 firms.

Novae finally looks set to exit the public markets after years of speculation, but questions remain over whether the 700-pence-per-share recommended bid from Axis could encourage other would-be acquirers to lodge a counter offer.

When Stephen Catlin entered the insurance industry in 1973 after failing to make it to dental school, Lloyd's was rife with "cerebrally challenged" toffs and unscrupulous East End "barrow boys".

Ed has launched a new placing exchange that it estimates will cut its own front-end costs per slip by more than 5 percent from as early as next year, with even larger savings likely once the broker integrates the system into its back-office functions.