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Lloyd’s broker UIB charged by UK over alleged Ecuador bribes

by AIP Online Bureau | Apr 19, 2025 | Intermediaries, International News, Non-Life, Policy, Reinsurance

UIB sold reinsurance services to state-backed insurers covering parts of the Ecuadorian public sector, including the state water and electricity companies between 2013 and 2016, the SFO said. The broker is accused of £3 million to intermediaries who then bribed an...
Convex enters Lloyd’s with Syndicate 1984

Convex enters Lloyd’s with Syndicate 1984

by AIP Online Bureau | Feb 14, 2025 | International News, Non-Life, Reinsurance, Risk Management

Syndicate 1984 will be led by active underwriter, Jacqueline Wiffen, UK CUO for insurance at Convex, and has an initial target to underwrite £150m of gross written premium in 2025 London: Convex Group Limited (“Convex”), the international specialty insurer and...
Lloyd’s appoints Alexandra Cliff as Chief Financial Officer

Lloyd’s appoints Alexandra Cliff as Chief Financial Officer

by AIP Online Bureau | Jan 31, 2025 | International News, Non-Life, Reinsurance

Alexandra Cliff Chief Financial Officer-designate, Lloyd’s Alex has over 20 years of experience in the insurance industry, having held senior finance roles in insurance and broking firms including Direct Line Group, StarStone, and AJ Gallagher London: Lloyd’s,...
Lloyd’s CEO John Neal to join Aon as global Reinsurance CEO and chairman of climate solutions

Lloyd’s CEO John Neal to join Aon as global Reinsurance CEO and chairman of climate solutions

by AIP Online Bureau | Jan 8, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

John Neal Neal, after six years in Lloyd’s as a CEO, will play an important role in delivering Reinsurance solutions to meet the evolving demands of today’s dynamic marketplace. He will be based in London, reporting to Andy Marcell, CEO of Risk Capital for...
Convex enters Lloyd’s with Syndicate 1984

Lloyd’s human pandemic scenario reveals potential global economic loss of $13.6trn

by AIP Online Bureau | Dec 11, 2024 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management

From an economic perspective, the widespread impacts would be primarily driven by disruption across global industries due to local lockdowns and global travel restrictions. With the transportation sector worth over 10% of global GDP, sustained international travel...
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