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OAK Global launches dedicated retro Syndicate at Lloyd’s

by AIP Online Bureau | Sep 3, 2025 | International News, Non-Life, Reinsurance, Risk Management

The newly formed syndicate has received in principle approval to assume business incepting 1st January 2026, targeting approximately $75 million GWP in its first year London: OAK Global today announces that it will be launching a new strategic business unit, OAK...

African lender weighs claiming Lloyd’s payout on Zambia debt

by AIP Online Bureau | Aug 13, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

TDB — together with the African Export Import Bank — has found itself at the center of an increasingly contentious debate about including the lenders’ facilities in sovereign-debt restructuring on the continent. While Afreximbank is adamant it won’t participate, TDB...
Former Lloyd’s CEO John Neal to join AIG as President

Former Lloyd’s CEO John Neal to join AIG as President

by AIP Online Bureau | Jul 16, 2025 | International News, Non-Life

John Neal, President-designate, AIG In this role, Neal will report to chairman & CEO, Peter Zaffino and lead AIG’s General Insurance organization, which includes the North America Commercial Insurance, International Commercial Insurance and Global Personal...
Lloyd’s announces a new Executive Team

Lloyd’s announces a new Executive Team

by AIP Online Bureau | Jun 2, 2025 | International News, Non-Life, Reinsurance

Commenting on the appointments, Patrick Tiernan, Lloyd’s Chief Executive. said: “We will work at pace to deliver on the market’s short-term priorities. We will also work closely with Council to develop a long-term vision for the Corporation, that will strengthen and...

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...
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