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$136bn wiped off UK stock market following Brexit vote
The FTSE 100 opened around 8 percent down this morning (24 June), wiping more than £100bn ($136bn) off the UK stock market in reaction to the UK's EU referendum result.
24 June 2016
Integro hires Behrends as CFO
Integro has hired Andrew Behrends as its chief financial officer (CFO), the international broker announced today (23 June)
23 June 2016
Lockton names Spencer as next president and CEO
Lockton has named Glenn Spencer as its next president and CEO, effective from 1 May 2017
23 June 2016
Jardine: Tom not the answer to improving London efficiency
XL Catlin chief experience officer Paul Jardine today (23 June) threw doubt on the success of the Target Operating Model (Tom), claiming that the initiative does not go far enough to take costs out of the market.
23 June 2016
Kumamoto losses top $3bn
Claims resulting from the earthquake that struck Japan's Kumamoto prefecture in April have broken the $3bn barrier as they increased by 5 percent in the last week to hit 317bn yen ($3bn).
23 June 2016
Executive pay made more challenging by SII changes
Solvency II has made senior executives' remuneration requirements more onerous, according to a survey of financial services chairmen and CEOs by executive search firm Per Ardua Associates.
23 June 2016
Channel Syndicate launches innovation division
The Channel Syndicate 2015 has launched an innovation division aimed at tackling emerging risks including cyber, the Scor-backed Lloyd's business announced today (23 June)
23 June 2016
AM Best downgrades credit ratings of Chubb P&C subsidiaries
AM Best has downgraded the issuer credit rating of the The Chubb Corporation's P&C subsidiaries from aaa to aa+ following the completion of the company's merger with Ace, it announced yesterday (22 June)
23 June 2016
Fosun readies Ironshore IPO
Fosun has filed an application to the Hong Kong Stock Exchange to float Ironshore on the New York Stock Exchange, the Chinese conglomerate has said.
23 June 2016
Lloyd’s Colombia opens with Brit and Advent
Lloyd's has launched its Colombian platform, with two Fairfax Financial subsidiaries the first managing agents to join, the Corporation announced yesterday (22 June).
23 June 2016
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