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Change at Lloyd’s on the scale required will bring losers, as well as winners

Later today, Lloyd’s will publish its highly anticipated blueprint for change.

Adam McNestrie, 30 September 2019
Turkey establishes domestic reinsurer Turk Re

The creation of a natural disaster risk pool is top of the vehicle’s agenda.

Anna Sagar, 30 September 2019
E&S premium surges 15% in first half: Fitch

The non-admitted market is expected to harden further.

Bernard Goyder, 28 September 2019
AM Best ends Sagicor review as Alignvest deal concludes

The ratings agency placed the business under review in November following Alignvest’s $536mn offer.

Anna Sagar, 28 September 2019
Aviation market expects $130mn Air China loss

The claim will fall on the WTW and Marsh-brokered CAAC insurance programme.

Adam McNestrie, 27 September 2019
Axa XL’s New Energy Risk makes two hires from the start-up community

Matt Lucas joins as managing director of business development, while Dvorit Mausner will be director of execution.

Anna Sagar, 27 September 2019
London Market Group says goodbye to Tom

E-placement, simplified delegated authority business and structured data capture will become part of Future at Lloyd’s.

Anna Sagar, 27 September 2019
Kessler ‘behaves as if he owns Scor’: CIAM

The French investor resumes its campaign after failing to overturn resolutions at a June shareholder meeting.

Laura Board, 27 September 2019
CCRIF increases Dorian payout to Bahamas to $12.8mn

The facility had initially estimated a payout of $10.9mn.

Anna Sagar, 27 September 2019
London has a shot at becoming the market of first choice for most commercial insurance

Writing about London market reform reminds me of the famous sketch in the Monty Python film The Life of Brian in which the revolutionaries of the Judean People’s Front (or was it the People’s Front of Judea?) plot the overthrow of the imperial Roman oppressor and the foundation of an independent Israeli state in a radical, subversive meeting.

Mark Geoghegan, 27 September 2019

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