Industry Segments: Lloyd's Page 4 / 18
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- September 8 2023
Lloyd’s new consortia wording to bring London market flavour to APAC
Allowing service companies to aggregate capacity like in London will facilitate local access to specialist products, larger line sizes and more efficiency in the region.
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- September 7 2023
Lloyd’s Lab’s 11th cohort has focus on APAC climate, cyber and sustainability
Four insurtechs joining the programme will focus on developing solutions to some of the biggest risks faced by businesses and communities in the region.
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- September 5 2023
Tokio Marine Kiln lands Joe Pickford as aviation underwriter in Singapore
Pickford, who joins from Gallagher, will focus on providing bespoke solutions for clients and brokers.
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- September 4 2023
Volante bolsters Asia operations with senior management move
Bilal Zafar, a managing director of the Lloyd's syndicate, has relocated from London to Singapore.
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- August 31 2023
Chaucer’s COR turnaround propels China Re H1 results
The global specialty player benefited from rising rates and lower losses from catastrophes.
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- August 3 2023
The Hartford’s Philip Chan to retire with Ethan Tay to lead Hong Kong operation: source
Tay, the insurer's APAC head of financial lines, will take on the additional role of responsible officer for Hong Kong, subject to regulatory approval.
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- August 1 2023
Australia’s SGUA approved as Lloyd’s coverholder
A specialist in residential investment properties since 1991, SGUA will leverage the Lloyd’s market from August 1 onwards.
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- July 26 2023
Tokio Marine Kiln signs up political risks specialist Cindy Gunawan in Singapore
Gunawan, who joins from Marsh, will report to regional underwriting director Jamie Tang.
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- July 18 2023
Australia’s Rhodian launches its first underwriting agency
Halo Underwriting is a property and liability MGA backed by Lloyd’s which offers cover for specialty risks for SMEs and the mid-market.
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- July 10 2023
Lloyd’s syndicate Probitas 1492 to cease insuring Adani’s Australian mine
Once the existing policies expire in the next quarter, the carrier will not provide insurance support in the future for any ancillary or associated activities.
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- June 28 2023
Beazley builds out Singapore cyber business with two new hires
Cyber underwriters Razif Abdullah and Sharmayne Koh will start in the new roles from first week of July.
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- June 26 2023
Asta sounds out syndicates to join Lloyd’s Asia
With Mosaic and Volante launching on the platform in Singapore, international and regional players may follow the lead.
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- June 15 2023
Lloyd’s to reverse losses this year, affirms AA- rating, including for China: Fitch
Fitch expects Lloyd’s to maintain its improved global underwriting results in 2023-4 as pricing conditions remain 'favourable', although volatility will remain.
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- June 9 2023
Beazley, Markel and Newline launch Asia D&O pool
The Lloyd's pool will have US$30m capacity per risk and a single contact for claim management.
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- June 2 2023
Volante targets treaty, fac and M&A cover with Lloyd’s Asia launch
The specialty player will be led by Amy Fu in Singapore with initial lines to include property, engineering, motor, casualty and marine.
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- May 29 2023
Lloyd’s, QBE, Axa, Scor, Allianz and Sompo exit Net-Zero Insurance Alliance
The moves come after Hannover Re, Zurich, Scor, Swiss Re and Munich Re left the group with anti-trust issues in the US understood to be a concern.
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- May 25 2023
Going to war on cyber wordings
As Lloyd’s war exclusions cause disquiet among insureds and reinsurers, the market is set to see a battle royale with APAC in the thick of it.
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- May 18 2023
Argenta elevates Viji Ninan to Asia CEO
Singapore-based Ninan will oversee operations of the Singapore and Australia branches of Syndicate 2121.
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- May 2 2023
Canopius strengthens Australia treaty team with Aspen Re hires
The Lloyd's (re)insurer has hired Andrew Parker as head of treaty for Australia and New Zealand and Paul Wedlock as head of property treaty for the region, who are also joined by casualty underwriter Peter Mattei.
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- May 1 2023
Specialist Apollo syndicate ibott teams up with new Australian Lloyd’s coverholder
Mustard Underwriting is offering cover for the 'sharing economy'.
