Lloyd’s/London
Principle launches first British Takaful-compliant policy
The UK's first Shariah-compliant insurance provider has starting selling policies. Principle Insura...
Tokio Marine and Philadelphia Consolidated agree $4.7bn takeover
Tokio Marine have announced that they have entered into a definitive agreement under which Tokio will acquire all outstanding shares of specialty P&C insurer Philadelphia Consolidated for $61.50 per share in cash — a 73% premium to the company’s 22nd…
Everest Q2 net income nearly halves
Everest Re, the Bermudian (re)insurer, said that net income for the first six months of year nearly halved, falling to $231.0m from $580.5m in the first six months of 2007.
Sagicor rebrands BSU
Sagicor Syndicate Holdings has rebranded Byrne and Stacey Underwriting as Sagicor Underwriting.
Appointment at ASML
Argenta Syndicate Management Limited has promoted David Williams to executive director for claims an...
Lloyd's A rating reaffirmed
Rating agency AM Best has reaffirmed Lloyd’s A (excellent) rating.
New Lloyd's and London market head appointed
Gavin Phillips, partner, has been appointed the new head of the London Market and Lloyd’s insurance group and a member of the UK insurance leadership team at PricewaterhouseCoopers LLP.
Axa confirms VP to absorb SBJ
Axa has today confirmed Post's story that SBJ UK becomes part of Venture Preference.
Appointment at Canopius
Lloyd's underwriter Canopius has appointed Stephen Hartwig as senior vice-president and head of exce...
Starling: FSA vibes point to market-wide solution
Regulators are likely to pursue a "market-led solution" to resolve commission disclosure rather than...
Willis director of underwriting set to retire
Malcolm Lambert director of underwriting and compliance officer at Willis Management (Isle of Man) has announced he is taking early retirement.
Chaucer sells to Ironshore
Chaucer has sold its shareholding in Pembroke JV to Ironshore for a cash consideration of £14.9m. Pe...
Xchanging hires McCulloch
Xchanging has hired Stewart McCulloch, the former chief executive officer of Lockton International, ...
Elliott joins Axiom board
Mark Elliott has been appointed as a main board director at Axiom and head of its Lloyd's division. ...
Axiom appoints Lloyd's leader
Mark Elliott has been appointed as a main board director of Axiom and head of its Lloyd’s division.
Lloyd's insurer swoops for Ace team leader
Canopius Group has appointed Stephen M Hartwig as senior vice president and head of excess casualty to its Bermuda-based underwriting agency, Canopius Underwriting Bermuda.
Profitability falls as impact of credit crunch, says survey
The impact of the credit crunch on the UK financial services industry has worsened over the past quarter, as profitability fell at a record pace and business volumes fell at the fastest rate in 17 years, a new survey said.
Former Lockton CEO takes new role
Xchanging has hired Stewart McCulloch, the former CEO of Lockton International, as implementation director.
Canopius Bermuda hires Ace excess underwriter
Lloyd's insurer Canopius has announced the appointment of Stephen Hartwig as senior vice President and head of excess casualty to its Bermuda-based underwriting agency, Canopius underwriting Bermuda (CUBL).
Paymentshield closes office in Towergate integration
Paymentshield is closing its Edinburgh office and will relocate south of the border as part of an in...
LMA re-elects chairman, outlines goals
Paul Jardine, the chief operating officer of Catlin Group, has been re-elected as chairman of the Lloyd’s Market Association, which represents the Lloyd's underwriting community.
QBE outlines casualty changes
Following the creation of its integrated casualty division in May 2007, QBE has announced that Ash Bathia has become managing director.
Appointment at Argenta
Argenta has appointed Andrew Annandale to managing director of Argenta Syndicate Management and Grah...
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