Pioneer Underwriting, BMS Group’s recently launched Lloyd’s MGA, announced that Amy Fu joins the team as a Marine Underwriter. BMS launched Lloyd’s Managing General Agent, Pioneer Underwriting, in April 2011 to “underwrite a diverse portfolio of business with an initial …
Lloyds, the UK’s state-backed bank, which has no affiliation with Lloyd’s of London, took a shock £3.2 billion ($5.3 billion) charge against its profits on Thursday to cover compensation for people sold insurance they would never be able to claim. …
In a response to the proposals to restructure the UK’s financial regulations the Lloyd’s Market Association (LMA) has taken issue with some of the proposals, which, in its view are “over-engineered” and excessively “bank centric.” “The future regulation of the …
The Royal Wedding today at Westminster Abbey has virtually taken over the UK, as millions of residents plan local celebrations in honor of the Prince William and Kate Middleton’s marriage. According to , “it is estimated that as many as …
A.M. Best Europe – Rating Services Limited has commented that the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 1084 the ICR of “bbb” of the UK’s Chaucer Holdings PLC (CHP) are …
Lloyd’s insurer Chaucer plc has issued a statement endorsing the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Chaucer by 440 Tessera Limited (BidCo), a wholly-owned subsidiary of U.S. insurer …
Lloyd’s insurer Sportscover has taken another step in its plans for expansion with the announcement that it has appointed a “highly respected Bloodstock underwriter, Robin Blunt.” He has been in the insurance industry for more than 40 years, initially as …
The Council of Lloyd’s has announced that John Nelson is to be appointed as the next Chairman. He will take up the position in October of this year, succeeding current Chairman Lord Peter Levene, who has served in the post …
Mitsui Sumitomo at Lloyd’s confirmed that it is to establish branches in Dublin and Belfast as part of its expansion plans. The new operation will be headed by Alan Shiel, formerly the Ireland Country Manager at Chubb, as Managing Director. …
Lloyd’s Channel Syndicate 2015 has appointed Iain Macleod as Head of its Marine Division. He has worked in the London Market for over 25 years and has built a Marine account for previous companies. He “will be joined by an …
