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State Farm wins 18% Florida insurer rate rise; Thiele walks away from PartnerRe $17mn richer; Guernsey to capture more captives, says Aon; Full steam ahead for Channel syndicate's marine book...
18 April 2011
An ode to Nelson
Lloyd’s took the unusual step of organising an emergency meeting of its ruling body, the Lloyd’s Council, this morning to endorse the choice of its new chairman following the intense speculation last week
18 April 2011
BMS realises MGA ambitions with Lloyd’s start-up
After being stonewalled by Lloyd's "no new syndicate start-ups" edict, London market independent BMS has launched a new Liberty Syndicates-backed managing general agency (MGA) that will have capacity of
18 April 2011
Nelson is next Lloyd’s chairman
Hammerson chairman John Nelson will succeed Lord Levene as chairman of Lloyd's, the Corporation has said
18 April 2011
Reinsurers leave NZ fund uncovered
Reinsurers have declined to offer top-up cover to New Zealand local government insurance pool the Local Authority Protection Programme (LAPP), according to local media reports
18 April 2011
Chaucer to take above-average Japan loss of 10-12% NTA
Up-for-sale Chaucer plc says it will take a disproportionately high loss from the 11 March Japan earthquake compared to its Lloyd's peers
18 April 2011
Channel syndicate appoints head of marine
Scor-backed Channel syndicate 2015 has appointed Iain Macleod to take charge of its fledgling marine division.
18 April 2011
Moody’s downgrades Ireland on growth prospects
Ratings agency Moody's has downgraded Ireland's foreign and local currency government bond ratings by two notches to Baa3 from Baa1
15 April 2011
Kiln proposes merger to create second biggest syndicate
Kiln is proposing the merger of syndicates 807 and 510 to create a Lloyd's syndicate with capacity of £1.06bn
15 April 2011
Mitsui Sumitomo opens Irish division with Chubb hires
Mitsui Sumitomo at Lloyd's is set to open new branches in Dublin and Belfast as part of the firm's expansion into the mid-sized market
15 April 2011
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