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TMK hire underlines life sciences ambition

by AIP Online Bureau | Sep 19, 2023 | International News, Non-Life, Reinsurance

Burke’s appointment follows several recent significant hires and promotions at TMK including Benjamin Goldsmith as a political violence underwriter, Sam Bye as cyber underwriter, Asia Pacific, Aoife Woulfe, head of delegated cyber, Paul Gooch, divisional head of large...

Chubb launches Lloyd’s Lithium Battery consortium

by AIP Online Bureau | Sep 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The consortium was created to address a lack of capacity in the marine cargo market for providing lithium battery transit and stock insurance. It provides a one-stop solution with limits up to $50 million for risk types associated with lithium batteries including...

Aon, Lloyd’s and VIG in pact to commit to Ukraine insurance

by AIP Online Bureau | Jun 21, 2023 | International News, Non-Life, Reinsurance, Risk Management

The commitment follows an announcement earlier in the day by British Prime Minister Rishi Sunak on a new framework for war risk insurance FRANKFURT: Aon PLC, Lloyd’s and Vienna Insurance Group will join forces to provide coverage for Ukraine to support its...

Lloyd’s swings to a pre-tax loss in 2022,underwriting profit jumps 53% to 2.6 billion pounds

by AIP Online Bureau | Mar 23, 2023 | International News, Non-Life, Reinsurance

John Neal, CEO of Lloyd’s, forecast 2023 premiums of 56 billion pounds, up from 46.7 billion in 2022, according to a statement Rising interest rates have hit investments at many financial firms, and it posted a net investment loss of 3.1 billion pounds, compared with...
Lloyd’s picks England for World Cup glory, team’s estimated insurable value at £3.17bn

Lloyd’s picks England for World Cup glory, team’s estimated insurable value at £3.17bn

by AIP Online Bureau | Nov 11, 2022 | International News, Non-Life, Reinsurance

Research published with the support of the Centre for Economics and Business Research (Cebr) ranks the teams based on the collective insurable value of their players. The assessment of each insurable value comprises a variety of metrics such as wages, sponsorships,...
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