July 2013/3

Contrary to the prevailing perspective in the market, Hiscox CEO Bronek Masojada does not feel that Richard Ward's successor as CEO of Lloyd's has to be a figure with direct experience of the London market.

Sir Elton John's management company is set to file a multi-million dollar claim with London market insurers that participate on a contingency policy affected by his recent illness and concert cancellations.

Peter Murphy, the final member of the AmTrust Europe team that undertook a bold play into the Italian medical malpractice market, has resigned his position at the firm, The Insurance Insider understands.

QBE Europe's imminent reorganisation is likely to see Lloyd's veteran Colin O'Farrell promoted to head of international wholesale operations, The Insurance Insider understands.

The share price of London-listed closed pension fund consolidator Phoenix leapt by 10 percent late last week after it confirmed it had entered merger talks with Swiss Re.

AJ Gallagher, Aon and Towergate are on the shortlist of potential buyers for UK broking consolidator Giles, The Insurance Insider revealed last week.

Generali downgrade; XL leads Canadian train cover; Losses flood in; Rowell departs; Torus under review

For London market technology watchers used to a decades-long line of blind alleys, false dawns, near misses and general frustration, the recent news that global broker Marsh has stopped using the (Aon-supported) Qatarlyst electronic placing platform will have caused little surprise.

The exodus of Alterra executives following its takeover by Markel earlier this year has continued apace, significantly shrinking the management structure at the former Bermudian (re)insurer, The Insurance Insider can reveal.