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International

‘Reimagined’ Lloyd’s platform takes shape

15 July 2019

Lloyd’s is working “in earnest” on building and delivering prototypes as it revamps how it does business after six radical initiatives met enthusiastic global feedback...

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European storms take heavy toll

15 July 2019

Severe weather in Europe is expected to have caused up to $US2 billion in economic damage, with insurers expecting $US830 million in claims from central Europe, Impact Forecasting’s June catastrophe recap says...

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Lloyd’s makes case for smart contracts

15 July 2019

Lloyd’s is keen to explore the potential for smart contracts after a study it undertook suggested the technology could increase efficiency and add value for customers...

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FM Global warns on ‘preventable’ machine failures

15 July 2019

Nearly one-third of the 232 large-risk property-related claims FM Global handled last year arose from equipment breakdowns...

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Regulator prepares UK personal lines probe report

15 July 2019

The UK’s Financial Conduct Authority will release interim findings from its investigation of pricing practices in home and motor cover before September, followed by a market study by the end of the year...

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Lloyd’s stands firm on strong balance sheet: Best

15 July 2019

AM Best has affirmed Lloyd’s credit ratings, reflecting a strong balance sheet and operating performance...

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Markel fills key roles in Asia

15 July 2019

Specialist commercial insurer Markel International has appointed an MD and director for its Asian business, to develop its regional growth strategy...

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