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R&Q promotes Booth to the board
UK-quoted Randall & Quilter may have given a clue to the eventual succession of founders Ken Randall and Alan Quilter with the promotion of Tom Booth to an executive director.
17 January 2011
Hiscox: London market pricing peaked in 2006
The ratio for London market premium versus estimated units of exposure for the last five years peaked in 2006, data from a Hiscox company presentation shows.
17 January 2011
Lloyd’s imposes new GoM stress tests
The Lloyd's Franchise Performance Management Directorate has introduced two new realistic disaster scenarios (RDS) to stress test individual syndicates and the market against Gulf of Mexico energy.
17 January 2011
FSA ends Marketform probe
Lloyd's specialty insurer Marketform has come through an investigation by the Financial Services Authority (FSA) unscathed, The Insurance Insider understands.
17 January 2011
OFT steps in to prevent UK motor price fixing
Seven major motor insurers including RSBI, Zurich and Axa have agreed to restrict the extent they share data with each other, following an UK Office of Fair Trading (OFT) investigation into price fixing.
17 January 2011
Beazley property exec moves to rival
Axis Insurance has continued to strengthen its London property team by hiring the well regarded Alistair Robson from rival Beazley, sister publication Inside FAC revealed last week.
17 January 2011
Radke returns in Argo reshuffle
Bermuda-headquartered Argo Group has announced a shake-up of its international operations, with Julian Enoizi departing as managing director of its Lloyd's operation.
17 January 2011
LMG: slip cases could be history on Lime Street by 2017
The London Market Group (LMG) has proposed phasing out slip cases by 2017 in a consultation document on the long-term future of Lime Street.
17 January 2011
Shares fall heavily for Amlin on NZ loss news
Lloyd's sector star Amlin saw its shares fall 8.5 percent on the London Stock Exchange last week as investors reacted badly to the firm doubling its New Zealand loss estimate.
17 January 2011
FSA orders Section 166 probes on two Lloyd’s brokers
Two London market brokers have been subject to Section 166 investigations by UK regulator the Financial Services Authority (FSA) in the last year.
17 January 2011
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