London market
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London D&F underwriters are seeing rate rises of 15% on average on clean business, while loss-affected accounts are seeing their rates double. -
Joe Gordon also reiterated plans to switch off PPL’s older Ebix Europe platform later this year, claiming some participants see friction with brokers “when it’s not there”.
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Blenheim’s withdrawal from property treaty highlights questions around London’s role as a reinsurance centre of excellence.
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Plus all the latest executive moves and the top news of the week.
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To stay relevant, intermediaries are being forced to scale up, broaden their suite of services and quantify their value.
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PPL is looking to enhance its capabilities around generating a CDR in a pilot that could also demonstrate how a CDR validation process could work for many firms under the Lloyd’s Blueprint Two programme.
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Last week’s headline results were in line with preliminary figures, but here are three Lloyd’s stories you may have missed.
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With chairman Bruce Carnegie-Brown’s third term expiring in June 2025, the organisation needs to start laying the ground for broader changes.
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The combined ratio reported by Lloyd’s for 2022 would put it in the top half of Insurance Insider’s peer group, analysis of preliminary results shows.
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With brokers shifting to new providers to place certain classes, and competition among e-trading firms intensifying, the placement platform landscape has reached a crucial turning point.
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Bay Risk will become part of Gallagher Re’s Global Programmes practice group, led by Andrew Moss.
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AdvantageGo has secured agreements with Acord, Verisk, Vipr and Zywave to establish a collaborative ecosystem of London market data and technology vendors, which will help carriers modernise and prepare for the Lloyd’s Blueprint Two programme.
Most Recent
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Aon's McTear departs for Marsh contractor team
02 June 2023 -
SiriusPoint names Masojada as chair of board
02 June 2023 -
Everest Insurance appoints Maritzen as global CUO
01 June 2023
