Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
What Could be Hotter than Phoenix? The Answer Might Just Be Phoenix
Mar 30 2017 // Can you imagine an even hotter, drier Phoenix? Certainly not if you’ve been to the sun-drenched Arizona capital in the summer. Such an inconceivable scenario is being proposed by the LA Times. “Today, Phoenix...
Brussels Hopes to Lure Other Finance Firms After Its Success with Lloyd’s
Mar 30 2017 // Brussels expects to lure other financial players after convincing Lloyd’s of London, the world’s largest specialty insurance market, to make the city its post-Brexit European hub. While Lloyd’s choice on...
Lloyd’s Reports £2.1B ($2.6B) Profit for 2016, Unchanged from 2015
Mar 30 2017 // Lloyd’s reported 2016 pretax profit of £2.1 billion pounds ($2.6 billion), level with 2015, despite a worsening of the market’s combined ratio at 97.9 percent, compared with 90.0 percent in 2015. Return on...
Lloyd’s to Open EU Insurer in Brussels in Preparation for Brexit
Mar 30 2017 // Lloyd’s, the specialist insurance and reinsurance market, announced it will set up a European insurance company in Brussels in preparation for the UK’s exit from the European Union. The Brussels’...
Lloyd’s Shortlists Brussels or Luxembourg as EU HQ: Sources
Mar 28 2017 // Lloyd’s of London, the world’s largest specialty insurance market, will this week pick Brussels or Luxembourg for its planned European Union subsidiary, after Dublin had been an early favorite, sources...
Hannover Re to Acquire Lloyd’s Syndicate Argenta
Mar 21 2017 // Hannover Re has agreed to acquire the UK holding company Argenta Holdings plc, which owns Argenta Syndicate Management and Argenta Private Capital as well as a pro rata share of the Lloyd’s syndicate Argenta...
Steamin’ Hot Markets: Cyber, Sharing Economy, Active Shooter, Construction, Mergers and More
Mar 20 2017 // Cyber Sharing Economy, Active Shooter, Construction, Mergers and More Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. For 2017, experts predict the U.S....
Liability Risk Modeling Tool Launched by Lloyd’s and AIR’s Arium
Mar 14 2017 // Lloyd’s and modeling company Arium have launched a tool designed to enable insurers and reinsurers to model liability exposure probabilistically across their entire portfolios, Lloyd’s announced. “The new...
Munich Re Syndicate’s Hoare Elected to Council of Lloyd’s
Mar 9 2017 // Dominick Hoare, chief underwriting officer for Munich Re Syndicate Ltd., was elected this week to the position of corporate-external member to the Council of Lloyd’s, which is the body responsible for the supervision...
Lloyd’s MGA, CFC Underwriting, Launches Cyber Incident Response App
Mar 6 2017 // CFC Underwriting, the London-based specialist lines underwriting agency, announced the launch of a new cyber incident response application. The app allows policyholders to notify a claim with a click of a button and...
BGC Partners Buys Lloyd’s Broker Besso Insurance
Mar 1 2017 // BGC Partners Inc., a London and New York-based broker serving the financial and real estate markets, announced it has completed the acquisition of Besso Insurance Group Ltd., an independent Lloyd’s of London...
Carnegie-Brown Appointed as Next Lloyd’s Chairman
Feb 21 2017 // It’s official: Bruce Carnegie-Brown will become the next chairman of Lloyd’s. Following a meeting of the Council of Lloyd’s, his appointment as successor to John Nelson was approved unanimously. His...
U.S. Estimates Hurricane Matthew Damage to Recreational Boats at $110M
Feb 20 2017 // Hurricane Matthew, which threatened four coastal states as it corkscrewed through the Atlantic in early October, caused an estimated $110 million in damage to recreational boats, according to Boat Owners Association of The...
Carnegie-Brown to Become Chairman of Lloyd’s, Succeeding Nelson: Sources
Feb 17 2017 // Bruce Carnegie-Brown, former CEO of Marsh Europe and non-executive chairman of Aon UK, will shortly be named the new chairman of Lloyd’s, succeeding John Nelson who had announced in 2015 that he would retire this...
Corporation of Lloyd’s Bans Booze During Work Hours
Feb 15 2017 // Once part of the London/Lloyd’s market culture, the days of liquid lunches have mostly disappeared with many companies requiring that their employees abstain during work hours. The Corporation of Lloyd’s, which...
Lloyd’s Sees Political Risk Insurance Opportunity in Trump, Brexit
Feb 15 2017 // Lloyd’s of London Chief Executive Officer Inga Beale said Donald Trump’s presidency and the U.K.’s planned exit from the European Union are creating opportunities to sell insurance guarding commercial...
StarStone Partners with Dubai-Based MGA; Swiss Re’s Hussey Appointed
Jan 24 2017 // StarStone, the global specialty insurer and subsidiary of Enstar Group Ltd., announced a joint venture partnership with Malakite Underwriting Partners Ltd., a managing general agent in Dubai, subject to regulatory...
Lloyd’s to Open India Branch Ahead of April Renewals
Jan 20 2017 // Lloyd’s, the specialist insurance and reinsurance market, announced plans to open a reinsurance branch in India, in time for the April major reinsurance renewals, following final regulatory approval from the...
Lloyd’s Moves Closer to Forming EU Subsidiary to Prepare for Brexit
Jan 18 2017 // Lloyd’s of London will make an announcement on its new European subsidiary by the middle of April at the latest, its Chairman John Nelson said on Tuesday, as it prepares for Britain’s exit from the European...
QBE’s Pryce Appointed to Lloyd’s Franchise Board, Succeeding Furlonge
Jan 6 2017 // Lloyd’s announced that Richard Pryce, CEO for QBE European Operations, has been appointed by the Council of Lloyd’s as a non-executive director of the Franchise Board, the body which is responsible for the...
