Industry Segments: Lloyd's Page 1 / 18
-
- October 11 2024
BESS-wary markets look for leadership to bind risks
Renewables specialist GCube's CEO says the market has to facilitate insurance on a more consistent approach as more projects appear around the world.
-
- October 10 2024
Newline continues Sydney expansion with Bec Smith hire
Smith will join the Lloyd's coverholder as professional indemnity underwriter, reporting to Australia head of the line Nick Beswick.
-
- October 9 2024
Markel expands India team with three underwriters in Mumbai
Srabasti Dhali has joined from Tata AIG as senior underwriter, specie; Aniket Mehta has been named marine cargo senior underwriter, while Ankur Saxena started as casualty underwriter.
-
- September 5 2024
Lloyd’s logs best interim results since 2007 as H1 underwriting profit up 24%
The market’s COR improved to 83.7% from 85.2% a year ago, as its underwriting profit rose to US$4.07bn, thanks to premium growth and better investment returns.
-
- August 30 2024
Agile launches New Zealand operation to strengthen Lloyd’s Pacific presence
The newly established Agile Insurance Group NZ will write general aviation, accident and health, casualty and professional lines.
-
- August 23 2024
AUB launches third strata MGA Rubix Underwriting as division’s pre-tax profit surges 58%
The new entity will have Lloyd's as the capacity provider and will allow the broker to grow its strata portfolio which already includes brands SUU and Longitude.
-
- August 23 2024
Analytics: Australian underwriters incur 23% lower public liability claims in 2023
Lloyd's public liability claims doubled and PI claims went up 13 times in the country in the last year while other insurers' PI claims were 9% higher year-on-year across all states, according to the 2023 claims data released by the Australian Prudential Regulation Authority.
-
- August 20 2024
Australia’s FTA Insurance expands public and products liability team with two hires
Both Melbourne-based, Daniel Malic joins the financial lines-focused Lloyd's coverholder as national general liability manager, as Janelle Ferraro joins as general liability underwriter.
-
- August 20 2024
Renewables fuel Munich Re Specialty Asia syndicate’s regional diversification strategy
Following the rebranding of all primary specialty insurance entities under one brand, Munich Re's APAC underwriting hub in Singapore is diversifying away from its traditional focus on marine and energy and also expanding into cyber, political risks, financial lines.
-
- August 14 2024
Canopius CEO highlights strong pipeline for APAC H2 growth
With a new regional CEO in place, the carrier is optimistic about growth prospects for the remainder of the year.
-
- August 13 2024
Newline continues Sydney expansion with Andrew Yeung hire
Yeung, who has been promoted to Australia head of D&O, will relocate to Sydney from Melbourne and work closely with Nick Beswick, head of professional indemnity.
-
- August 5 2024
Markel strengthens APAC team with four hires in Hong Kong and Singapore
Jenny Choi and Anna Tan join the carrier in Hong Kong as senior underwriters for casualty and fine art & specie, respectively, and Olga Wong and Isabelle Wong have been hired as senior underwriter for professional financial risk and cargo underwriter in Singapore, respectively.
-
- August 5 2024
Markel takes Liberty Specialty’s Alvernia Xu as APAC head of operations
Singapore-based Xu will be in charge of the carrier's operational infrastructure reporting to APAC MD Christian Stobbs.
-
- July 29 2024
Beazley promotes claims lead Jessica Schappell as head of Asia Pacific
Schappell takes over from Lucien Mounier, who has recently been appointed the insurer's head of Europe, cyber risks.
-
- July 23 2024
Lloyd’s promotes Mark Dyson to chief financial officer for international
Singapore-based Dyson will lead financial teams for all markets outside the UK – including Americas, Europe, Asia Pacific, Middle East and Africa.
-
- July 17 2024
GCube backs BESS sector growth with a new US$100m Lloyd’s consortium
The consortium will also have six Lloyd’s syndicates as members, and will offer capacity to global attery energy storage system developers and asset owners.
-
- July 8 2024
Tokio Marine Kiln taps Zurich’s Yang Yixiang as head of Asia Pacific A&H
The appointment is aligned with the specialty insurer's strategy of doubling its premiums written in the region through its Lloyd’s Asia platform by 2027.
-
- July 3 2024
Newline Asia hires Markel Simon Moi as chief underwriting officer
Before joining Newline, Moi was head of professional and financial risks for Asia at Markel for 14 years.
-
- July 3 2024
Beazley promotes APAC head Lucien Mounier as Europe cyber risks leader
Mounier, who headed the Lloyd's insurer in the region for six years, has relocated to Barcelona in his new role.
-
- July 1 2024
Lloyd’s syndicate Argenta Underwriting closes Sydney office
The decision follows “a review of the group’s underwriting activities in Australia’, and the Sydney business will be managed from London, it said.
