LONDON (Reuters) - Lloyd’s of London is launching a matching site to make it easier for its brokers and insurers to find one another, as Britain’s commercial insurance market seeks to embrace technology and cut costs. Lloyd’s Bridge will enable Lloyd’s cover-holders - brokers or other insurance firms around the world allowed to offer Lloyd’s insurance - to go online to seek insurance from the 80-plus syndicates operating in the Lloyd’s market. The syndicates can also use the site to find...

LONDON (Reuters) - Lloyd’s of London Chief Executive Inga Beale, the commercial insurance market’s first female CEO, will leave next year, Lloyd’s said on Friday. Beale’s departure from the centuries old insurance market comes amid concerns that despite a modernisation drive it is losing ground to rival centres such as Singapore and failing to stem losses. The exact date of her departure has not yet been set but the search for her successor is already underway, Lloyd’s said in a statement,...

LONDON/NEW YORK (Reuters) - Thirty-two percent of insurers plan to maintain or increase their investments in private equity in the next 12 months to boost returns, a survey of 300 executives overseeing more than $10 trillion in insurance assets showed on Tuesday. Insurers have made more adventurous asset choices in recent years as low interest rates have slowed returns on their traditional government bond investments. Private equity was the favoured asset allocation choice followed by...

LONDON/NEW YORK (Reuters) - Thirty-two percent of insurers plan to maintain or increase their investments in private equity in the next 12 months to boost returns, a survey of 300 executives overseeing more than $10 trillion in insurance assets showed on Tuesday. Insurers have made more adventurous asset choices in recent years as low interest rates have slowed returns on their traditional government bond investments. Private equity was the favored asset allocation choice followed by...