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Neon head of marine Wilson departs

The carrier is seeking a replacement for the senior underwriter.

Catrin Shi, 04 April 2019
Cryptocurrency platform Coinbase confirms $225mn policy

A senior executive at the digital wallet service calls for greater insurer participation in the crypto market.

Anna Sagar, 04 April 2019
CFC to evolve beyond 100% Lloyd’s model in binders overhaul

The MGA is reviewing pitches from brokers to restructure its binders and bring in alternative sources of paper alongside Lloyd’s capacity.

Catrin Shi, 04 April 2019
Aurous unveils energy binder with Arcus backing

The MGA has also gained 9000 series coverholder status.

Catrin Shi, 04 April 2019
Axa UK & Ireland looks to XL specialty roll-out among SMEs

Recently arrived CEO Claudio Gienal says the carrier will draw on the cyber expertise of its Axa stablemate.

Laura Board, 04 April 2019
Lloyd’s calls on marine insurers to review sanctions processes

Carriers must update their definitions of “red flag” factors that trigger increased scrutiny of a risk.

John Hewitt Jones, 04 April 2019
Lloyd’s 2018: Two-thirds of syndicates underwriting at a loss

More than half of syndicates report a combined ratio above 100 percent for the third consecutive year.

Catrin Shi, 04 April 2019
Downstream capacity falls for first time since 9/11: Willis

Insurers are now achieving double-digit rate rises, with some loss-hit accounts up 100%.

Anna Sagar, 04 April 2019
US and Switzerland among LMG post-Brexit trade priorities

Trading partnerships with South East Asia, LatAm and the Mena region are also being targeted.

Rachel Dalton, 04 April 2019
Whatever AIG might think, increased shareholder rights to demand special meetings isn't always a bad thing

AIG is adhering to the “give them an inch and they will take a mile” school of shareholder engagement with its recommendation to vote down an AGM resolution that would vastly increase the power of disgruntled stock owners to requisition one-off investor gatherings.

Laura Board, 04 April 2019

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