UK floods minister Rory Stewart has signed the regulations enacting the foundation of state-backed flood reinsurer Flood Re, following parliamentary approval
The Lloyd's Market Association (LMA) has established a new committee of chief risk officers (CROs) to encourage efficient operation and technical standards in risk management for Lloyd's managing agents
Arch Capital Group has appointed Marc Grandisson to the position of president and chief operating officer, effective 1 January, the company announced today (11 November)
Amendments included in the Bank of England and Financial Services Bill will make it easier to conduct insurance-linked securities (ILS) business in the UK
The London taskforce established to attract insurance-linked securities (ILS) business to London is considering how the Lloyd's market could play a regulatory role in helping business to be done locally.