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June 2014/1

  • Lloyd's is in negotiations with property developer TIAA Henderson Real Estate about a move to a new development on Leadenhall Street that has been dubbed Gotham City, according to reports.
  • Lloyd's chief lobbyist Sean McGovern has spoken out against the tide of anti-EU sentiment that swept the recent European parliamentary elections, arguing that the London insurance market would suffer if the UK were to pull out.
  • Cat bond lite; Kemper loss; Towergate Q1 loss increase; Reinsurer ratings under pressure: S&P; Canadian hire; Markel appoints; AmTrust affirmed; Vietnam riots; Hiscox Re promotes; Fraud up; Guy Carp hires; Atrium recruits; Canopius hires; SSIC deal doubt; AIG outlook; market forces; Aon Benfield appoints; MSIG confirms; AJG acquires; Willis buys; Xuber launch
  • Lloyd's specialty (re)insurer Chaucer has appointed Michael Dawson to head the energy practice for its Syndicate 1084, The Insurance Insider can reveal
  • Private equity-owned 2006 start-up Ironshore has appointed two major investment banks to spearhead an IPO that it hopes to get away this summer with a possible $2.5bn valuation, The Insurance Insider has learned
  • Cultural differences are often revealing. For instance, here in the UK the most prestigious time to have a pop song at the top of the charts always used to be at Christmas. Nowadays in the age of iTunes and free streaming the idea of a hit parade has become an anachronism
  • Serial acquirer Validus is the frontrunner in the sales process currently being run by privately owned US insurer Western World, The Insurance Insider has learned.