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Lloyd’s CEO elected president of Chartered Insurance Institute
Insurance
Lloyd’s CEO Inga Beale has been elected the 121st president of the Chartered Insurance Institute (CII) at the professional body’s annual general meeting held in London on Aug.2.   2 August 2017
Insurance
Specialty re/insurer Brit has entered into an agreement with XL Catlin for the renewal rights for part of its directly written yacht portfolio.   24 July 2017
Insurance
The capacity for the forthcoming Indian entity will be provided by Markel’s Syndicate 3000 at Lloyd’s and written through the Lloyd’s India platform, based in Mumbai.   24 July 2017
Insurance
Beazley has reinforced its growth ambitions in Continental Europe as Lloyd's of London is taking action to preserve the market's access to European business after Brexit.   24 July 2017
Insurance
US-based insurance brokerage firm Venbrook has entered into a partnership with property/casualty insurer The Hartford to launch a third-party logistics (3PL) warehouse practice.   24 July 2017
Insurance
Blue Marble Microinsurance has partnered with the Nature Conservancy organisation to develop insurance solutions for mitigating risks faced from climate change, including increased floods, storms and droughts.   24 July 2017
Insurance
A magnitude 6.7 earthquake struck the Eastern Mediterranean at 22:31 UTC on July 20, 2017, impacting the Greek island of Kos and the Turkish city of Bodrum, along with numerous coastal towns in Turkey.   24 July 2017
Insurance
Insurer Beazley has announced that it made a profit of $158.7 million for the first half of 2017, a six percent increase on the $150.2 million it made in the first six months of 2016.   24 July 2017
Insurance
Travelers has revealed that its net income for the second quarter of 2017 came to $595 million, a ten percent fall from the $664 million it made over same period of 2016. As a result the company reported that net income for the first half of 2017 came to $1.21 billion, an 11 percent fall on the $1.35 billion it made over the same period of 2016.   24 July 2017
Insurance
UK-based life insurer Prudential said on July 12 that it has acquired a majority stake in Zenith Life of Nigeria and formed exclusive bancassurance partnerships with Zenith Bank in Nigeria and Ghana.   13 July 2017

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