Ers ferrari close up

ERS returns to profit so far in 2018


Specialist motor-only Lloyd’s syndicate ERS has booked a £5.6mn profit in the first half of the year as its combined ratio fell well below 100 percent.

Lloyd's, City of London

Managing agents call for increased ILS capital at Lloyd’s


Lloyd’s managing agencies overwhelmingly support ILS becoming a permanent fixture within the Corporation, a survey by the LMA has found.


PPL penal regime begins with league table of London adopters


A league table of those to take up the London market E-placing platform, PPL, will be published next quarter as the penal regime begins for Lloyd’s adoption.

Robin Waller

Aspen takes Advent’s head of specialty


Aspen Insurance has tapped Advent’s head of specialty Robin Waller to take over as head of international upstream energy.

lloyds building exterior

Lloyd’s gives Nephila the go-ahead for its own managing agency


ILS giant Nephila has been given the green light to set up its own managing agency after a meeting of the Lloyd’s franchise board.

Aviation generic

CV Starr acquires WRB and Aspen aviation books


Leading aviation carrier CV Starr is expanding its market share with the acquisition of two books of business from rival carriers.


Lloyd’s scrutinises PPL submissions as penal regime begins


Lloyd’s is currently reviewing its managing agents’ Q2 submissions for electronic placements which, for the first time, must meet mandated target levels with a threat of fines and even a five percent capital loading.

lloyds building exterior

Lloyd’s crack down set to result in Advent run-off


Lloyd’s determination to close down underperforming classes of business or even syndicates has been highlighted today with the news that the loss-making Lloyd’s insurer Advent Capital Holdings is likely to go into run-off following a strategic review.

Lloyds inga beale

Lloyd’s appoints new headhunting firm to find Beale’s successor


Lloyd’s has formally begun the search for Inga Beale’s successor as the Corporation’s CEO by appointing a different executive recruitment firm than its usual headhunting duo of Odgers Berndtson or the Zygos Partnership, can reveal.

Lloyds inga beale

Beale eyeing one more ‘big’ exec role after Lloyd's


Outgoing Lloyd’s CEO Inga Beale has said she is eyeing a final “big” executive role after she steps down from her position at the helm of the market next year.

Robin Waller

Aspen takes Advent’s head of specialty


Aspen Insurance has tapped Advent’s head of specialty Robin Waller to take over as head of international upstream energy.

Terrorism, generic

Markel taps Axis for war and terrorism underwriter


Markel has appointed Tom Simpson as a war and terrorism underwriter.

lloyds exterior lime st

ILS syndicate Arcus reshuffles after departures


Credit Suisse’s Lloyd’s platform, Arcus 1856, has announced a series of internal promotions and the appointment of an interim lead underwriter following recent senior departures.

London, city skyline

Sciemus CFO becomes latest to depart as it puts Lloyd’s plans on ice


Irfan Haq, the chief financial officer of satellites-to-cyber risk modelling and MGA firm Sciemus is to follow the underwriter’s CEO to the exit, understands.

lloyds city generic

Atrium loses property reinsurance underwriter Ungless


Lloyd’s (re)insurer Atrium has parted ways with its property reinsurance underwriter Robin Ungless, can reveal.

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