Catlin Group Limited has announced the formation of a strategic partnership with China Reinsurance (Group) Corporation (China Re) that will result in the establishment of a special purpose syndicate at Lloyd’s of London, subject to Lloyd’s final approval. Catlin said …
Lloyd’s syndicate Ascot Underwriting appointed Dawnmarie Black as senior vice president based in Hartford, Connecticut. She will take on her new role beginning December. Black joins Ascot from facultative broker Aon Benfield Fac Inc. where she was executive managing director …
An article on the Lloyd’s website takes a look at the “insurance and reinsurance specialists,” who “converge in Baden-Baden to begin their ‘renewal season’ discussions in earnest and in preparation for January 1, when deals between primary insurers and their …
Flagstone Reinsurance Holdings has announced a number of strategic initiatives, which it said are “designed to realign the Company’s strategy and core capabilities.” Flagstone said it “intends to refocus its underwriting strategy to leverage its existing strengths, and streamline its …
“Pirates of the Caribbean” they aren’t. They are for the most part desperate men from a failed state that have discovered that one of the world’s oldest professions offers wealth and power, if you’re willing to take the risks. In …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 2010, which is managed by Cathedral Underwriting Limited. Best also affirmed the ICR of …
On October 3, the UK’s Financial Services Authority (FSA) announced a revision to the dates on which it plans to implement the provisions of the European Union’s Solvency II regulations governing the insurance industry, moving the date for companies back …
Ryan Specialty Group, LLC (RSG) announced that it has completed the acquisition of specialist Lloyd’s insurer Jubilee Group Holdings Limited, “which currently operates two active Syndicates at Lloyd’s, a managing agency and specialist underwriting distribution and insurance service businesses.” RSG …
Lloyd’s announced that its outgoing Chairman, Lord Peter Levene, who steps down on October 12, is “to receive a rarely-struck Gold Medal to mark his contribution to Lloyd’s during his nine years as Chairman.” The Council of Lloyd’s announced the …
Lloyd’s of London reported the largest first half loss in its 323 year history yesterday, Sept. 21 – £697 million, or over $1 billion. However, Lloyd’s Chief Financial Officer, Luke Savage, was relatively calm when he spoke with the IJ …
