Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Lloyd’s of London Names Smith Southeast Director
Feb 2 2011 // Lloyd’s of London has appointed Rodney Smith to serve as the regional director for Lloyd’s newly established Southeast region. Smith will be based in Atlanta, Georgia and be responsible for market development...
Lloyd’s Market: ‘No Direct Threat’ to Suez Canal Shipping
Jan 31 2011 // No direct threat to ships passing through the strategic Suez Canal waterway exists at the moment, despite unrest in Egypt, a senior official with London’s marine insurance market said on Monday. “We are not...
Lloyd’s Ribeiro Beats a Path to the World’s Insurance Door
Jan 18 2011 // As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about...
Lloyd’s Looks to Gov’t. Reforms to Reduce Skyrocketing Legal Costs
Jan 10 2011 // Lloyd’s leaders have long warned that the “compensation culture” is steadily increasing the costs of legal actions in the UK, as plaintiffs’ lawyers pursue more actions and seek larger recoveries...
5 New Appointments Strengthen Mitsui Sumitomo at Lloyd’s U/W Team
Jan 7 2011 // Mitsui Sumitomo at Lloyd’s, a leading UK insurer, has announced a string of new appointments that continues to strengthen its underwriting team. Chris Bottomley has been appointed as Underwriting Manager, Property...
Lloyd’s Does Well in a Tough Year
Dec 30 2010 // Lloyd’s year-end review shows that, like the rest of the industry it faced a number of challenges in a difficult year. Low interest rates diminished investment returns for insurers, while the soft market provided...
Best Affirms Lloyd’s Syndicates 2623, 623, 3623, 3622 Ratings (Beazley)
Dec 22 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A ‘(Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623, Lloyd’s...
Lessons Learned and Looking Ahead at Lloyd’s
Dec 20 2010 // December is often a time of reflection on what we’ve achieved, where we’ve stumbled and what lessons we will take forward into the New Year. When Lloyd’s published its three-year strategy earlier this...
Lloyd’s Names Lang to Replace Chaplin as Head of Claims
Dec 17 2010 // Lloyd’s has appointed David Lang, former chairman of the market’s Claims Service Review Board, as the new head of claims. He replaces Kent Chaplin who is moving to Singapore to become the new head of...
Best Affirms Ratings of Lloyd’s Syndicate 2001 and Amlin plc
Dec 17 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Lloyd’s Syndicate 2001, which is managed by...
Lloyd’s Appoints Chaplin as New Head of Asia Pacific Region
Dec 17 2010 // Lloyd’s has appointed Kent Chaplin as the new head of its Asia Pacific operations based in Singapore, replacing Keith Stern who is now Lloyd’s regional manager for the UK and Ireland. From January 2011, Chaplin...
Lloyd’s Warns of ‘Increasing Stress’ on Water Resources
Dec 7 2010 // “Water scarcity is a pressing problem around the world – and not just in countries that have an arid climate,” warned Lloyd’s in its latest 360 Risk Insight report. “Water is a critical...
European Storm Season Starts, But Forecasts are Difficult, Says Lloyd’s
Dec 1 2010 // The world really gets no respite from global weather events. Just as the hurricane season draws to a close, the European windstorm season, which usually lasts around four months, starts up. In its examination of the onset...
Lloyd’s Chairman To Discuss Emerging Risks on Dec. 2
Nov 24 2010 // “Risk-taking lies at the heart of business operations, and it can also lead to problems if not handled properly,” said Anil Puri, dean of Mihaylo College of Business and Economics at Cal State Fullerton. Thus,...
‘Recruitment Scam’ Hits Lloyd’s; Warning Issued
Nov 18 2010 // Lloyd’s has posted a warning on its web site that it has discovered it’s “subject to a recruitment scam (Recruitment Fraud) in which people are being offered fictitious employment opportunities with...
Lloyd’s D&O Won’t Pay Stanford’s Fraud Defense
Nov 14 2010 // Accused swindler Allen Stanford may not use $100 million in a Lloyd’s of London directors and officers insurance policy to pay the lawyers defending him on charges of running a $7 billion fraud, a U.S. judge in Texas...
Lloyd’s New Director of North America, McGovern, Navigates Turbulent Waters
Nov 14 2010 // Addressing Changes in EU and U.S. Regulations; North American Lloyd’s Reorganization Sean McGovern, Lloyd’s general counsel and, since February 2010, the director of Lloyd’s North America, may still have...
Best Affirms Ratings of Lloyd’s Syndicate 609 (Atrium); Outlook Stable
Nov 12 2010 // A.M. Best Europe – Rating Services Limited has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 609, which is managed...
Best Affirms Lloyd’s Syndicate 570 (Atrium) ‘A’ Ratings; Outlook Stable
Nov 11 2010 // A.M. Best Europe – Rating Services Limited has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 570, which is managed...
Best Affirms Lloyd’s Syndicate 33 (Hiscox) ‘A’ Ratings; Outlook Stable
Nov 10 2010 // A.M. Best Europe – Rating Services Limited has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 33, which is...
