Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Talbot & Markel Offer D&O Facility in MEA Region with Per-Risk Capacity of $30M
Apr 6 2016 // Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., has joined forces with specialist insurer Markel International to provide a facility for directors and officers risks in the Middle East and...
‘Brexit’ Would Hurt or Severely Damage Lloyd’s of London: Survey
Apr 4 2016 // A survey of London market insurers, brokers, and service providers revealed that 70 percent believe a U.K. exit from the European Union would hurt or severely damage Lloyd’s of London, according to Haggie Partners, a...
Lloyd’s Seeks to Open Reinsurance Branch in Mumbai, India
Apr 1 2016 // Lloyd’s announced it intends to file an application to open a reinsurance branch in Mumbai, following the publication of regulations governing the Lloyd’s market earlier this week by the Insurance Regulatory...
Take1 in California Now a Lloyd’s Cover Holder
Mar 29 2016 // Take1 Insurance announced that it is now a cover holder with Lloyd’s of London to provide excess liability coverage capacity of up to an additional $5 million in limits. Minimum rates start at $750 per each million...
Lloyd’s Insurers Lead New Trend to Sell Legacy Portfolios: Willis Towers Watson
Mar 25 2016 // The majority of Lloyd’s businesses (77 percent) are considering legacy portfolio disposals, with more than half of firms based in western Europe (53 percent) expecting to make at least one sale in the next three...
Update: Lloyd’s Underwriter Marketform Sells UK Med Mal Businesses to Beazley
Mar 24 2016 // Specialist Lloyd’s underwriter Marketform announced it has sold its UK Open Market Medical Malpractice and UK / International Delegated Authority Insurance businesses to Beazley. The team being transferred is led by...
Brit Leads New Commercial General Aviation Consortium at Lloyd’s
Mar 23 2016 // Brit Ltd., the global specialty insurer, has launched a Lloyd’s consortium for commercial general aviation. Now quoting business, the consortium is being led by Brit with capacity also being provided by Kiln, Hiscox,...
Lloyd’s Profit Drops 30% in 2015 on Weak Prices and Lower Investment Income
Mar 23 2016 // Lloyd’s of London reported a 30 percent drop of full-year profit as the world’s largest insurance market was hurt by continued pressure on pricing and the lowest investment returns since at least 2001. Earnings...
HOT Markets: Drones, Cyber and More
Mar 21 2016 // Looking for new sales and opportunities in 2016? Here are a few of the top market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty insurance industry this year. Sky’s...
Lloyd’s Appoints Garigiparthy as Country Manager for India
Mar 18 2016 // Lloyd’s announced the appointment of Shankar Garigiparthy as country manager for India. In this new role Garigiparthy will be responsible for market development, representing Lloyd’s in discussions with...
Integro Acquires London-Based Broker, Croton Stokes Wilson Holden
Mar 17 2016 // International insurance broker and risk management firm Integro Ltd. announced the acquisition of London-based Lloyd’s broker Croton Stokes Wilson Holden Ltd. Financial considerations of the transaction have not been...
Marketform Exits International Med Mal, Transfers Business to Dale Underwriting
Mar 16 2016 // Specialist Lloyd’s underwriter Marketform announced it has transferred its international medical malpractice insurance business to Dale Underwriting Partners, the Lloyd’s licensed underwriter. Marketform said...
Ironshore Names Alexander Head of Global Property Programs, Based in London
Mar 14 2016 // Ironshore Inc. has announced that Melanie Alexander will serve as head of Global Property Programs, overseeing the London-based property facility business. She will report to Tony Mammolite, president of Global...
CNA Hardy Joins Lloyd’s China Platform
Mar 8 2016 // CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced it has joined Lloyd’s Insurance Company (China) Ltd. in Shanghai by establishing CNA Hardy...
Specialist Lloyd’s Underwriter Marketform Announces Senior Appointments
Mar 8 2016 // Specialist Lloyd’s underwriter Marketform has announced a number of senior appointments, which are designed to strengthen its leadership team under the new chief executive officer, Martin Reith. With the strategic...
A.M. Best Affirms Ratings of Beazley’s Lloyd’s Syndicates & US Insurer
Mar 4 2016 // A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of “a+” of Beazley’s Lloyd’s Syndicates Syndicates 2623, 623, 3623 and 3622. The outlook for all...
Lloyd’s Underwriter Marketform Appoints Lednor as Chief Underwriting Officer
Mar 2 2016 // Specialist Lloyd’s underwriter Marketform announced that Darren Lednor, formerly the active underwriter of Ariel Syndicate 1910 and 6117, has joined as chief underwriting officer. Lednor has been working in the...
ANV Increases Lloyd’s Underwriting Capacity for M&A Cover
Mar 1 2016 // ANV Global Services Ltd., the managing general underwriter (MGU) segment of specialty insurance group ANV Holdings, announced an increase in its Lloyd’s underwriting capacity for mergers and acquisitions...
Specialist Lloyd’s Underwriter Marketform to Exit General Liability Business
Feb 26 2016 // Specialist Lloyd’s underwriter Marketform announced it no longer will write general liability business. This decision forms part of a broader strategic review of the business, which included an assessment of...
‘Brexit’ Will Create Real ‘Risks & Uncertainties’ for Lloyd’s & London Market
Feb 11 2016 // A UK exit from the European Union will create a “rarely experienced” level of uncertainty for Lloyd’s, the London market as well as the UK and other European economies, according to Sean McGovern,...
