Articles by Ryan Hewlett
LMA adds five to board
Five C-suite level executives have been elected to the Lloyd’s Market Association board.
Hannover Re acquires Argenta syndicate
Hannover Re is to acquire the Lloyd’s managing agent and holding company Argenta for an undisclosed sum.
Malta will be biggest beneficiary of Brexit, says MPG
Malta will benefit more than any other financial centre in Europe from Brexit, according Managing Partners Group.
Lloyd's to announce post-Brexit hub by the end of March
Lloyd’s of London will reveal the location of its post-Brexit base by the end of this month, Post understands.
We Specialty and Hiscox collaborate on political risk
French managing general agency We Specialty has partnered with Hiscox to cover political violence, terrorism and political risk.
PRA to review Solvency II reporting requirements
The Prudential Regulation Authority is to conduct a review of Solvency II reporting requirements, in an attempt to ease insurers' reporting burdens.
Guernsey and China sign regulation MoU
Guernsey has signed a memorandum of understanding with the China Insurance Regulatory Commission, signalling an increased level of cooperation between the regulatory bodies of both markets.
XL Catlin granted Monaco licence
XL Catlin has received regulatory approval to write business in Monaco.
Ecclesiastical UK underwriting profit tops £25m
Ecclesiastical has reported underwriting profits £25m from its UK and Ireland business in 2016, up from £11.6m in the prior year.
Lloyd’s and Arium develop long-tail liability model
Lloyd’s has teamed up with modelling company Arium to enable insurers to better model long-tail liability exposure.
'White Van Man' hit with 14% van insurance hike
The rising cost of van insurance is adding to the financial pressure on the "White Van Man", according to Consumer Intelligence.
Prudential has ‘barely scratched the surface’ in Asia: Wells
Asian insurance markets continue to offer significant opportunity for international financial services group Prudential, the company’s CEO has said.
30 claims handler jobs at risk at Direct Line
Direct Line Group has placed 30 claims handler jobs under review.
Asia drives growth as Prudential operating profit soars
Prudential, the international financial services group, has reported record group operating profit of £4.26bn in 2016 thanks to double digit-growth in Asia.
Bishopsgate names Gordon Newman as executive chairman
Lloyd’s broker Bishopsgate has appointed Gordon Newman as executive chairman.
CII teams up with UAE Insurance Authority
The Chartered Insurance Institute has entered into a partnership with the United Arab Emirates Insurance Authority in a move to boost professionalism in the UAE insurance sector.
Fiducia boosts marine cargo MGA with senior underwriters
Marine cargo managing general agent Fiducia has appointed Angela McCluskie and David Heeney as underwriters.
Post People: 13 - 17 March
This weeks people moves from the insurance industry.
US and Australian storms hit insurers with more than $1bn bill for February
An early start to the severe weather season has resulted in a $1bn (£820m) insurance toll in Australia and the United states, according to an Aon catastrophe report.
Lack of data access holding back fight against fraud
Changes to Irish claims laws are cutting down on fraud and the rising levels of awards but the lack of insurer access to driver data is holding the industry back, a top judge has said.
UK regulators must actively support market on Brexit: Aubert
The UK's regulators need to actively promote London as a key insurance market, the chairman of the London Market Group has said.
Dominick Hoare replaces Jardine on Lloyd’s Council
Dominick Hoare, chief underwriting officer for the Munich Re Syndicate has been elected to the position of corporate-external member to the Council of Lloyd’s.
Government must 'fight fire with fire' over Brexit business
The UK government needs to "fight fire with fire" when it comes to keeping business within the City of London during Brexit negotiations.
LMG seeks new EU cross-border deal for market
The London Market Group has called for a new trade deal between the UK and the European Union that will allow insurers to operate across borders.