Lloyd's
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Darren Bailey has been hired by the legacy insurer in a business development role for the firm’s M&A team.
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The ratings agency says insurers may need to pursue loss-reduction strategies, with 2018 possibly on track to produce more claims than 2017. -
Lancashire’s asset management platform took a second consecutive quarter of losses, but its fee income was up after raising additional capital.
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Former CEO Rick Welsh has left the company as it prepares for a rebrand.
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The Corporation of Lloyd’s crackdown on poorly performing syndicates in the wake of 2017’s market-wide £2bn ($2.7bn) pre-tax loss could open avenues for ILS players.
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News of Beale's departure comes a year after former Marsh Europe CEO Bruce Carnegie-Brown became chairman of the 330-year-old market.
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ILS investors are reluctant to move away from natural catastrophe risk, Lloyd’s outgoing CFO John Parry said today.
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The executive has been at Lloyd’s for 17 years, having joined the Corporation in 2001.
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Lloyd's of London today announced a £2bn ($2.8bn) pre-tax loss for 2017 and major claims of £4.5bn following last year's catastrophe events.
