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Insurers ask whether their policy pays out cash or carbon

The growth of carbon credits creates a new insurance market with new business models – and some insurers are redeeming policies in carbon credits instead of cash

International Climate change

London market CEO pay soars amid bumper bonuses

Hiscox chief executive, Aki Hussain, is top-earning executive among listed Lloyd’s carriers with total remuneration of £3.7m in 2023

London Beazley

Aegis London returns to cyber market

Lloyd’s insurer hires two cyber underwriters from AIG to spearhead re-entry into the class

London Lloyds

Lloyd’s at risk of missing net zero commitments, campaign group warns

Reclaim Finance urges managing agents to restrict cover for new types of fossil fuel including thermal coal and liquefied gas terminals

Lloyds Energy

PoloWorks appoints Borrel chief risk officer

Lloyd’s and London market services provider hires Raphael Borrel from CNA Hardy

London Lloyds

Lloyd’s names Miller Americas CEO

Corporation expands role of commercial director following departure of Hank Watkins

North America Lloyds

Carbon Underwriting hires Crocker from Everest Re

Lloyd's insurer hires senior underwriting executive from Everest Re

Lloyds London

Innovation needs dedicated incubation underwriting: Beazley’s Kempston

The goal is to create scalable products that can find a market, not one-off alternative risk transfer mechanisms, Beazley’s head of incubation underwriting says

Beazley Lloyds

MS Amlin promotes Geddes to head of reinsurance

Geddes was previously head of property and allied lines, having worked at MS Amlin since 2021

London MS Amlin

Lloyd's targets premium growth to £57bn in 2024

Chief financial officer insists there is ‘no room for complacency’ despite market producing best underwriting performance since 2007

London Lloyds

Fidelis approved for new Lloyd's syndicate

Syndicate 3123 aims to expand access to businesses and write risks for more clients, MGU says

Bermuda London
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