Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Best Affirms Amlin AG, Amlin plc, Lloyd’s Syndicate 2001 Ratings; Outlook Stable
Jan 11 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Lloyd’s Syndicate 2001, which is...
Lloyd’s Syndicate ProSight Launches Innovative Independent Film Coverage
Jan 4 2013 // Lloyd’s Syndicate ProSight 1110 is offering independent film makers’ insurance to cover mishaps during filming, as well as failure to complete a film on time and on budget. It is the “first insurer to...
Lloyd’s: Increasing Civil Unrest Driving Political Violence Coverage Demand
Dec 31 2012 // A report from Lloyd’s of London concludes that the increasing demand for political risk insurance “has been rising as civil unrest and political violence continue to threaten businesses around the...
Events that Topped World Insurance News in 2012
Dec 28 2012 // While 2012 wasn’t as tumultuous as 2011, it had its share of insurance shaking trends and events. Here in roughly chronological order are some of them: 1) The costs of the flooding in Thailand in 2011, wasn’t...
Best Upgrades Issuer Credit Rating of Hiscox Group Subsidiaries; Affirms FSR
Dec 14 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and upgraded the issuer credit rating (ICR) to “a+” from “a” of Hiscox...
Lloyd’s, JLT to Cover Unprecedented Antarctic Winter Crossing
Dec 13 2012 // Lloyd’s of London announced that “broker Jardine Lloyd Thompson (JLT) and a group of Lloyd’s syndicates, alongside other major insurance companies, have underwritten a bespoke policy to cover one of the...
APC Underwriting Agency Expands into Continental Europe with Holland Office
Dec 6 2012 // Commercial insurance underwriting agency, APC, announced that it has begun its expansion drive into Continental Europe by launching APC Holland, based in The Hague. APC said the “independent MGA will provide a range...
NYC Marathon Organizers Likely to Get Millions From Event Insurance
Dec 5 2012 // The New York Road Runners — a non-profit community running group and the organizer of the annual New York City Marathon — could get millions of dollars in insurance proceeds thanks to its event cancellation...
Carr Joins Mitsui Sumitomo at Lloyd’s to Expand Marine Liability Market
Nov 30 2012 // Mitsui Sumitomo at Lloyd’s announced the appointment of Darren Carr as Class Underwriter for its marine liability underwriting account in a move designed to expand that sector of its business. Carr joined Mitsui...
Lloyd’s Report Focuses on ‘Gap’ in Disaster Costs and Insurance Coverage
Nov 28 2012 // A new report from Lloyd’s notes that the “the world has been battered by natural catastrophes in recent years, revealing a serious gap between the economic cost of natural catastrophes and the levels of insured...
Lloyd’s America Names Northeast Region Director in Boston
Nov 20 2012 // Lloyd’s, the world’s specialist insurance market, appointed Glenn Dorr as director of Lloyd’s America’s Northeast region.Glenn DorrThe Northeast region is one of four established by Lloyd’s...
Beazley to Underwrite Contingency Business in U.S. in 2013
Nov 16 2012 // Beazley, an insurer of event cancellation and other forms of contingency business at Lloyd’s, will begin underwriting contingency business locally in the United States at the beginning of 2013. The focus will be...
Best Affirms Markel International, Lloyd’s Syndicate Ratings; Outlook Stable
Nov 14 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a+” of UK-based Markel International Insurance Company...
Xchanging Secures Lloyd’s Claims Reporting Contract
Nov 8 2012 // Xchanging, the business process, procurement and technology services provider and integrator, announced that it has been awarded a contract to build the platform for the Lloyd’s Claims Reporting Suite...
Canopius’ Chief Inga Beale Stresses ‘Client Focus’ for European Success
Nov 8 2012 // Lloyd’s has a good reputation in Europe, but managing agents need to become more client focused to be successful on the continent, explained Inga Beale, Group Chief Executive at Canopius Group Ltd. in an article on...
Berkley Technology Underwriters to Offer International Coverage Through Lloyd’s
Nov 6 2012 // Berkley Technology Underwriters, LLC, a Minneapolis-based global technology underwriter, has been accredited as a Coverholder on behalf of Lloyd’s of London. As a Coverholder, Berkley Technology Underwriters is able...
Berkley Technology to Cover U.S. Tech Business through Lloyd’s
Nov 6 2012 // Berkley Technology Underwriters, LLC, a Minneapolis-based global technology underwriter and part of the W.R. Berkley Group, announced that it has “been accredited as a Coverholder on behalf of Lloyd’s of...
Haste Named Lloyd’s Deputy Chairman
Nov 1 2012 // Lloyd’s has appointed Andy Haste as senior independent deputy chairman on the Council of Lloyd’s. Haste, whose three-year term starts on Nov.1, has more than 30 years of international financial services...
ANV Settles in as Lloyd’s MGA, as Capacity and Syndicates Grow
Oct 25 2012 // There are now 78 operating syndicates at Lloyd’s; 88, including Special Purpose and RITC syndicates. Although no new ones have so far joined Lloyd’s this year; three syndicates have transferred ownership:...
Argo International’s Lloyd’s Syndicate Adds Casualty Treaty Reinsurance Class
Oct 24 2012 // Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, will expand its offerings in the international casualty marketplace to include treaty reinsurance...
