Lloyd’s of London News

Key to Good Leadership: Honest Self-Appraisal – Part 2, Catlin Interview

Second of Two Articles Good leadership is essential if the industry is going to successfully navigate the challenges ahead, Stephen Catlin told Insurance Journal during a recent interview, as he looked back at lessons he’s learned during his 40-year journey …

Industry Relevance and Expertise ‘Ours to Lose:’ Catlin

First of Two Articles After 44 years in the insurance business, Stephen Catlin is retiring at the end of 2017. While he’ll be retiring from his role as executive deputy chairman of XL Group, he emphasizes that he won’t be …

Texas Insurance Industry to Welcome Lloyd’s Chairman at Lloyd’s Day Events

Specialist insurance market Lloyd’s of London will host Lloyd’s Day Texas to welcome Chairman Bruce Carnegie-Brown to the United States. The event will be held in Dallas on Oct. 4, 2017, and in Houston on Oct. 5, 2017. Those interested …

London Market Launches Data Capture Service Designed to Cut Data Re-Keying

The London Market Group (LMG) announced that one of the core solutions for improving the London market’s efficiency, called structured data capture (SDC), has gone live for the lines of terrorism, financial lines, marine, property and casualty. By removing the …

Update: Cyber Attacks Start to Hit Earnings of Global Companies

The cyber attack that crippled Ukraine businesses and spread worldwide to shut down shipping ports, factories and corporate offices has taken a costly toll on the results of major U.S. and European companies in the latest quarter, with more to …

Fortegra Forms Admitted Market Partnership with CHART Exchange

Fortegra, a Tiptree Inc. company has partnered with the CHART (Coverholders And Risk Takers) Exchange, an organization of coverholders, London-based syndicates, admitted markets and other vendor partners who provide services for the insurance industry. Fortegra will serve as one of …

Dale Underwriting Gets Lloyd’s Approval to Set Up Special Purpose Arrangement

Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced it has been granted “in principle” approval by the Lloyd’s Franchise Board to establish a special purpose arrangement (SPA). The SPA will support a portfolio of contingency and …

Markel Names HDFC Ergo’s Mathur to Lead Entry into India with Lloyd’s Platform

Specialist insurer Markel International has appointed Deepika Mathur to lead its entry into the Indian market. Capacity will be provided by Markel’s Syndicate 3000 at Lloyd’s and business will be written through the Lloyd’s India platform, based in Mumbai. The …

Castel Specialty Launches Global Construction Business

Castel Specialty, a division of Castel Underwriting Agencies Ltd., has expanded its portfolio with the launch of Castel Construction. London-based Castel Underwriting Agencies, part of Barbican Insurance Group, is a club-style MGA formation platform, which supports individual underwriters with smaller …

Hannover Re Completes Purchase of Lloyd’s Business Argenta

Hannover Re has completed the acquisition of the UK holding company Argenta Holdings Ltd., which owns the companies Argenta Syndicate Management and Argenta Private Capital, as well as a pro rata share of the Lloyd’s syndicate Argenta Syndicate 2121. The …