Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Barbican Underwriter Elected Chair of Lloyd’s Market Association Cyber Group
Jun 15 2015 // Geoff White, underwriting manager for Cyber, Technology and Media at Barbican Insurance Group, has been elected chairman of the Lloyd’s Market Association’s (LMA) newly created Cyber Business Panel. White was...
Lloyd’s Specialist Insurer Marketform Promotes Two Underwriters
Jun 8 2015 // Specialist Lloyd’s underwriter Marketform has announced the promotion of Ian West to Head of Financial and Professional Lines. He will also continue as the Class Underwriter for Financial Lines, reporting to Chief...
Ariel Re to Use Xuber Software for Lloyd’s and Bermuda Reinsurance
Jun 8 2015 // Xuber, Xchanging’s insurance software business, announced that it has been appointed by P/C reinsurer Ariel Re to provide “the Xuber ‘for Reinsurers solution suite’ for the company’s...
Lloyd’s Agency Ascot Appoints Casualty Fac Team for Ascot Underwriting in U.S.
Jun 4 2015 // Ascot Underwriting Ltd., the London-based Lloyd’s managing agency, has appointed Scott Beall as chief underwriting officer of casualty facultative and Lex Smart as senior vice president of Ascot Fac. The team will...
Factbox: Lloyd’s Chief, Other Leaders Offer Views on Britain’s EU Referendum
May 29 2015 // Prime Minister David Cameron has pledged to renegotiate Britain’s ties with Europe and then give voters a referendum on European Union membership by the end of 2017. Following are the views of business...
Lloyd’s Appoints Pullicino as New Representative in Malta
May 28 2015 // Lloyd’s has appointed Louis Cassar Pullicino as the new representative for Lloyd’s in Malta, assuming the role of director of Lloyd’s Malta Limited. Pullicino replaces Mark Gollcher, who helped...
Ascot, Chaucer & Skuld Form Underwriting Consortium for Renewable Energy
May 21 2015 // Ascot Underwriting Ltd. has formed Renewco Consortium (ReCo), a dedicated and independent underwriting platform for the renewable energy industry. The Lloyd’s consortium is jointly led by Ascot and Chaucer and...
ANV Holdings Forms Consumer Products Team for Lloyd’s Syndicate 5820
May 19 2015 // ANV Holdings has unveiled a new consumer products team within Lloyd’s Syndicate 5820, reporting to Bruce Whitmee, who was recently appointed active underwriter (subject to regulatory approval). Based in London, the...
MSIG at Lloyd’s Hires Eyres in Property Underwriting; Dougall Heads P&C
May 18 2015 // MSIG at Lloyd’s, the international specialty arm of Mitsui Sumitomo Insurance Group, has appointed Martin Eyres as property underwriting manager and promoted Andrew Dougall as head of property and casualty. Eyres,...
Lloyd’s Market Association Announces 2015 Board Election Results
May 14 2015 // The Lloyd’s Market Association (LMA) has announced six newly elected board members. They are: Andrew Brooks, CEO, Ascot Underwriting Stephen Eccles, active underwriter, Travelers Syndicate Management Richard Harries,...
MSIG at Lloyd’s Appoints Wells, Radbourne in Property and Power Teams
May 8 2015 // MSIG at Lloyd’s has appointed Laura Wells as underwriter, property, and Matthew Radbourne as underwriter, power & utilities with immediate effect. Wells brings over 20 years’ industry experience to MSIG,...
RenaissanceRe Reports Q1 Net Income of $167.8M, Up From $151M in Q1 2014
May 6 2015 // Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to RenaissanceRe common shareholders of $167.8 million, or $4.14 per diluted common share, in the first quarter of 2015, compared to $151.0 million,...
Lloyd’s Names Magrath Western Regional Director
Apr 15 2015 // Lloyd’s of London has named Richard Magrath regional director for its Western U.S. region. Magrath will be based in Los Angeles, Calif. with responsibility for market development activities in California, Oregon,...
Allied World Appoints Evans Non-Executive Chairman of Lloyd’s Managing Agency
Apr 15 2015 // Allied World Assurance Company Holdings, AG announced that Jonathan Evans will join the board of directors and become the Non-Executive Chairman of Allied World Managing Agency Limited, its Lloyd’s managing agency,...
XL, Cobalt Underwriting Launch Shariah-Compliant Equine Product at Lloyd’s
Apr 13 2015 // XL Group and Cobalt Underwriting have launched the first Shariah-compliant product to be available through Lloyd’s of London. The cover is an equine product, which responds to named perils, mortality, theft,...
Beazley, Korean Re Form Partnership; Create Special Purpose Lloyd’s Syndicate
Apr 9 2015 // Beazley and Korean Re announced a partnership to develop business together and to establish a special purpose syndicate at Lloyd’s, Syndicate 6050. Under the agreement, Syndicate 6050 will write a whole account quota...
Lloyd’s of London Offers Wildfire Insurance to Oregon at Higher Rates
Apr 6 2015 // The state of Oregon has a chance to continue its unique insurance policy that helps pay for fighting wildfires in big burning years – but at a higher premium and deductible. Lloyd’s of London has offered to cover...
A.M. Best: European Reinsurers Report Strong Results, Growth Limited
Apr 6 2015 // Major European reinsurers have posted very strong full-year results for 2014 and continue to be well capitalized, with profitable underwriting results due to the absence of sizable natural catastrophes and ongoing reserve...
Lloyd’s Suit, Upcoming NFL Draft Shine Light on Sports Insurance
Apr 6 2015 // As the 2015 National Football League draft approaches, a lawsuit against Lloyd’s of London by former University of Southern California Trojans receiver Marqise Lee has placed a spotlight on sports disability...
Hamilton Completes Sportscover Acquisition; O’Donohoe is MGA CEO
Apr 1 2015 // The Bermuda-based Hamilton Insurance Group has completed the acquisition of Sportscover Underwriting Limited, the Lloyd’s managing agent for Syndicate 3334, and Kinetic Insurance Brokers Limited, a Lloyd’s...
