Chicago, IL – 6/17/14 – Ryan Specialty Group, LLC (RSG) announces the formation of RSGUM Healthcare, a new healthcare and life science underwriting facility, in partnership with some of the strongest and most experienced healthcare and life science Underwriters at …
Luke Savage, who has been Lloyd’s Director of Finance and Operations for ten years, will be stepping down from Lloyd’s later this summer, to become Chief Financial Officer of Standard Life. In connection with his departure Lloyd’s said it would …
Despite risking offense to non-believers, Hank Watkins didn’t hesitate when he was asked if climate change was upon us. Watkins, president of Lloyd’s America, talked about an extensive report Lloyd’s of London just released, “Catastrophe Modeling and Climate Change.” “Everybody …
The London-based Nexus Group, a Managing General Agency (MGA) announced the formation of a new specialist product line covering a wide range of accident, sickness and travel insurance, written on a direct and facultative basis, up to an Event Aggregate …
Aon Plc, the broker that was criticized by Lloyd’s of London for a deal with Warren Buffett’s Berkshire Hathaway Inc., said the relationship actually helps make the U.K. insurance market more attractive. “It has reinforced the value proposition of London,” …
The Marquis de Sade’s scandalous and sexually graphic novel “120 Days of Sodom” has come back home. Written in prison in 1785 — just before the French Revolution — and described by the Marquis himself as “the most impure tale …
Lloyd’s of London, the world’s oldest insurance market, has said it stands ready to pay out claims arising from the presumed loss of Malaysian Airlines Flight 370, even as searchers continue to scour the Indian Ocean for wreckage. It’s still …
Very few details have been released by the re/insurance industry related to the missing Malaysia Airlines Flight MH370, which has caused some minor confusion as to the re/insurers providing coverage for claims. The confusion is primarily the result of the …
Hardy (Underwriting Agencies) Limited, a specialist London-based re/insurance underwriting business, announced the appointment of David Brosnan as its chief executive. He has also been appointed to serve on the Hardy Board of Directors. “These appointments are effective immediately and have …
Lloyd’s announced the launch of its new shared service, Volume Claims Service (VCS), which it said is “part of its overarching Claims Transformation Program, a fast and fair claims handling service which offers the market an enhanced cost efficient claims …
