Lloyd’s
Legal Focus: Why Lloyd’s banner year could drive an M&A surge
The market’s strong financial results may now stoke interest from new entrants seeking to benefit from favourable returns, and incumbents looking to increase or dispose of existing holdings
Ariel Re and Hiscox launch cyber catastrophe consortium
New consortium will offer event-based reinsurance protection to insurers of up to $50m
Inigo surpasses $1bn GWP
Lloyd’s start-up books profit of $145m in third year of business
Insurers ask whether their policy pays out cash or carbon
The growth of carbon credits creates a new insurance market with new business models – and some insurers are redeeming policies in carbon credits instead of cash
London market CEO pay soars amid bumper bonuses
Hiscox chief executive, Aki Hussain, is top-earning executive among listed Lloyd’s carriers with total remuneration of £3.7m in 2023
Aegis London returns to cyber market
Lloyd’s insurer hires two cyber underwriters from AIG to spearhead re-entry into the class
Lloyd’s at risk of missing net zero commitments, campaign group warns
Reclaim Finance urges managing agents to restrict cover for new types of fossil fuel including thermal coal and liquefied gas terminals
PoloWorks appoints Borrel chief risk officer
Lloyd’s and London market services provider hires Raphael Borrel from CNA Hardy
Lloyd’s names Miller Americas CEO
Corporation expands role of commercial director following departure of Hank Watkins
Carbon Underwriting hires Crocker from Everest Re
Lloyd's insurer hires senior underwriting executive from Everest Re
Antares syndicate launches political risk consortium
Consortium offers $40m line size
Innovation needs dedicated incubation underwriting: Beazley’s Kempston
The goal is to create scalable products that can find a market, not one-off alternative risk transfer mechanisms, Beazley’s head of incubation underwriting says
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