Apollo launches new £130mn Lloyd’s SPA Syndicate


Independent Lloyd’s managing agency Apollo Syndicate Management Ltd (Apollo) has received “in principle” approval to launch a £130mn SPA Syndicate 1971 to operate alongside its existing Syndicate 1969.


Lloyd’s imposing capital loads on 2019 syndicates


The expectation is growing that Syndicates trading in 2019 will do so with higher capital requirements compared to this year and in many cases with reduced top-lines.


Excess capital to drive 1.1 pricing despite recent losses


Despite the third quarter’s flurry of US and Asia cat events and the heavy Europeans storms earlier this year, cat reinsurers at Baden-Baden remain privately pessimistic about the prospect of 2019 seeing an uptick in rates.

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Skuld given green light for Lloyd’s 2019


Scandinavian marine insurer Skuld has had its Lloyd’s business plan approved for next year, Re-Insurance understands.

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Flagship Canopius syndicate to cut 2019 gross premiums by £80mn


Top-ten Lloyd’s insurer Canopius will cut gross premiums by £80mn for its flagship Syndicate 4444 for 2019 as further evidence of the Corporation’s determination to de-leverage the market after the decline in overall performance levels in recent years.

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Up-for-sale Lloyd’s motor insurer receives heavy capital loading


Lloyd’s motor syndicate ERS has received a capital loading for next year in a further demonstration of the Corporation’s “get tough” approach after the recent decline in the market’s results.


Lloyd’s commits to paying claims in ‘no deal’ Brexit


Lloyd’s of London will continue to ‘honour’ its commitments to policyholders and has pledged to continue to pay claims as the prospect of a “no deal” Brexit becomes greater.


Beale: Lloyd’s now “accelerating” Brexit plans


In her last week as CEO of Lloyd’s of London, Inga Beale has revealed the Corporation is “accelerating” its plans for its new Belgian European subsidiary as it fears the prospect of a “no deal” is becoming greater.


Lloyd’s confirms Neal’s appointment as successor to Beale


Lloyd’s has confirmed that former QBE boss John Neal will replace outgoing CEO Inga Beale, as first revealed by re-Insurance.com yesterday.


Ex-QBE boss John Neal to be named Lloyd’s CEO


The former head of Australian insurer QBE John Neal will be shortly named as Inga Beale’s replacement as CEO of Lloyd’s, re-Insurance.com understands.

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New Lloyd’s CEO outlines immediate priorities


The former QBE CEO John Neal has formally begun his new role as the CEO of the Corporation of Lloyd’s today with a welcome from the man who ultimately selected him, chairman Bruce Carnegie-Brown.


Axis Re names Haugh as global markets head

2018-10-15T08:35:00+01:00By Ryan Hewlett

Axis Re, the reinsurance arm of Axis Capital, has named Ann Haugh as president of its global markets division.

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Antares names CNA Hardy’s Taylor next head of specialty


Lloyd’s insurer Antares has appointed the former CNA Hardy head of specialty John Taylor to lead its specialty business.

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SSL Endeavour expands property team with two hires


Broking house SSL Endeavour has made two appointments to its property team.

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​ LMA names Ascot's Brooks next chairman


The LMA has appointed Andrew Brooks, CEO of Ascot Underwriting its next chairman.

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