Industry Segments: Lloyd's Page 1 / 15
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- November 22 2023
Markel set to build out marine cargo, general casualty lines in Asia
The specialty (re)insurer's underwriting leaders discuss the carrier's regional growth plans, Australian ambitions and India outlook.
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- November 17 2023
MS Amlin turns around underwriting performance with 91.6% COR
The Japanese insurance group's overseas business saw its net premiums for the first six months grow 45% year-on-year to US$4bn.
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- November 16 2023
Lloyd’s, Marsh team up for US$50m Ukraine grain shipments cover program: report
The program could make it easier for shipowners to get cover to transport goods across Black Sea, which has been affted by Russia’s formal withdrawal from the UN-brokered grain corridor deal in July.
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- November 14 2023
Canopius’ Mark Newman to take charge as UK CEO
The (re)insurer's APAC chief executive will assume his new role on January 1, 2024.
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- November 2 2023
AUB-owned Tysers to settle US Department of Justice probe for US$47m
The matter related to Integro Insurance Brokers and the conduct of business in Ecuador between 2013 and 2017.
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- October 17 2023
Newline builds out Australia team with two new hires
Professional indemnity underwriter Arion Reuter and administration and underwriter support officer Arthi Govindarajan have recently joined the carrier's Melbourne office.
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- October 16 2023
Howden secures US$608m of Lloyd’s capacity for MGA tech startups
Howden Ventures has capacity provided by Lloyd’s underwriters, including Tokio Marine Kiln, Chaucer and Liberty Specialty Markets.
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- October 13 2023
Envest snaps up majority stake in London Australia Underwriting
LAUW, a Sydney-based MGA, writes over US$20m of GWP in professional and financial lines through Lloyd’s syndicates.
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- October 11 2023
Extreme events in Greater China could lead to US$4.6tn economic losses over five years: Lloyd’s
This is the largest financial impact, closely followed by Asia Pacific with the losses worth US$4.5 trillion, says new Lloyd's systemic risk scenario that models food and water shocks.
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- October 3 2023
Beazley expands financial lines team in Asia with underwriter hire
Chye Chia Wen has joined the Lloyd's (re)insurer's office in Singapore taking the FL team to six strong.
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- October 2 2023
Australia’s GI brokers saw 11.4% increase in H1 GWP
The broking sector, which continues its consolidation trend, controlled US$11.9bn of premiums, according to APRA data.
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- September 27 2023
Miller teams up with tech firm and Ukrainian authorities for Black Sea war risks cover
Clearwater Dynamics to provide vessel tracking with Lloyd's players set to offer capacity.
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- September 22 2023
Lloyd’s partners UN to scale insurance access for climate-vulnerable countries in APAC
Initially focussing on building solutions across Fiji and the Pacific Islands, the partnership will seek to replicate the model in Asia and Africa.
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- September 18 2023
ICA board members and Australian minister to meet (re)insurance players in Munich and London
Assistant treasurer Stephen Jones and ICA, Suncorp, IAG and QBE Asia Pacific CEOs set to meet Lloyd’s, Guy Carpenter, Aon, Munich Re, Swiss Re, Flood Re and the ABI this week.
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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.
