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Hancock: Lloyd’s now has foundations for ‘world-class’ underwriting

The performance management director said he is ready to return to the “cut and thrust” of commercial P&L accountability.

Catrin Shi, 14 January 2020
Hancock to step down as PMD and leave Lloyd’s

John Neal’s number two will leave at a yet-to-be-determined date.

Adam McNestrie, 14 January 2020
Tysers secures minority stake in Bermudian MGA Helix

The coverholder is the first multi-line, independent MGA to be incorporated in Bermuda.

Samuel Casey, 14 January 2020
Willis initiates Haley successor search; Gebauer internal frontrunner

CFO Mike Burwell and head of IRR Carl Hess are the other internal candidates.

Adam McNestrie, 14 January 2020
Iran tensions prompt rebound in marine war rates

Pricing had previously slipped back after spiking following attacks on vessels last May.

Samuel Casey, 14 January 2020
With its choice of words, the FCA risks creating an unnecessarily adversarial relationship with the insurance sector

As much of the western business world last week battled post-Christmas inertia, regulators at the UK’s FCA were already hard at it.

Laura Board, 14 January 2020
Clients go underinsured as limits slashed in excess casualty

Pricing continued to rise at 1 January amid a capacity squeeze and social inflation.

Bernard Goyder, 14 January 2020
AIG link with Voya brings 2020 challenges into focus

Speculation linking AIG with a bid for Voya highlights the competing operating and capital allocation challenges facing company in 2020.

Gavin Davis, 14 January 2020
Stone Ridge raises $1.5bn in private funds as it targets non-cat expansion

The private fundraise offsets shrinkage in the ILS firm's two mutual funds which invest in cat bonds and sidecars.

Fiona Robertson, 14 January 2020
Pulled Lloyd’s capacity since Advent closure totals £1bn

Neon closure brings total number of shuttered syndicates since 2018 to eight.

Catrin Shi, 14 January 2020

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