Joint Hull Committee appoints new Chairman
Paul Newton has been appointed as chairman of the Joint Hull Committee (JHC), succeeding Peter Townsend, who stepped down in June. Paul is Head of London Marine Hull & Liability Underwriting at AXA Corporate Solutions.
The Joint Hull Committee comprises underwriting representatives from both the Lloyd’s and IUA company markets and represents the interests of those who write marine hull business in the London market.
Paul has been involved in marine insurance for over 30 years, starting as a claims broker in 1988, and moving to the company underwriting market side in 1991. His roles since 2008 have extended to assessing the shape and direction of international marine hull business for Allianz, Lancashire and as AXA’s Head of London Marine Hull & Liability Underwriting since 2013.
Paul also chairs the IUA’s Marine Technical Committee and is a member of the Joint War Committee.
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Notes to Editors
A full list of committee members can be found here: www.lmalloyds.com/jointhull
Media relations contacts:
James Milne, Head of Communications, LMA
Tel: 020 7327 8405
About the Lloyd’s Market Association (LMA)
Formed in 2001 and located in the heart of the Lloyd’s Building in the City of London, the Lloyd’s Market Association represents the interests of the Lloyd’s underwriting community. All underwriting businesses at Lloyd’s are members, together managing gross premium income of around £32billion per annum.
For more information visit: www.lmalloyds.com
About the IUA
The International Underwriting Association of London (IUA) represents international and wholesale insurance and reinsurance companies operating in or through London. It exists to promote and enhance the business environment for its members.
The IUA’s London Company Market Statistics Report shows that overall premium income for the company market in 2016 was £22.725bn. Gross premium written in London totalled £16.034bn while a further £6.691bn was identified as written in other locations but overseen by London operations.
For more information visit: www.iua.co.uk