Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
People
Jul 20 2009 // LoriAnn Lowery resigned her position as president of Lloyd’s North America after a little more than a year on the job. Lowery took over as Lloyd’s North America president in April 2008, replacing long-time...
People
Jul 20 2009 // LoriAnn Lowery resigned from her position as president of Lloyd’s North America, after a little more than a year on the job. Sue Langley, Lloyd’s director of market operations and North America, said Lowery,...
Best Affirms Omega Specialty, Lloyd’s Syndicate 958 Ratings
Jul 15 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Omega Specialty Insurance Company Limited (OSIL), both with stable...
Tread Carefully with Biosynth Technology, Warns Lloyd’s Report
Jul 14 2009 // A new report from Lloyd’s warns that, although “synthetic biology has been hailed as a potential solution to looming global threats,” it requires careful handling. “Governments and interest groups...
Best Affirms Lloyd’s ‘A’ Ratings
Jul 14 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s of London and Lloyd’s Reinsurance Company (China)...
Lloyd’s Warns Pandemics Continue to Pose a Threat to Companies
Jul 9 2009 // “The H1N1 ‘swine flu’ pandemic, which has sparked widespread fear and disruption across the globe, has shone a spotlight on a risk that many companies have disregarded in the past few years,” notes...
Lloyd’s Chairman, Lord Levene, Addresses NATO Meeting
Jul 8 2009 // Lloyd’s of London Chairman Lord Peter Levene addressed a major security conference in Brussels on Thursday. The meeting, held under the aegis of NATO Secretary General, Jaap de Hoop Scheffer, aims to redefine...
Jackson Concert Cancellations: Many Unknowns, Much Speculation
Jul 6 2009 // Michael Jackson’s untimely death, barely two weeks before he was to begin a long awaited series of 50 concerts, stretching over 8 months, continues to be headline news. It’s also news of another sort in the...
Geneva Association Issues Report on Insurance Industry & Climate Change
Jul 6 2009 // Insurance industry leaders underscored their concerns over the potential impacts of climate change last Thursday July, 2 with the introduction of a 138 page report from the Geneva Association*, the industry’s most...
Jackson’s Death and Event Cancellation; Max Cap Rejected; Still Searching Air France Crash Cause; Den Dekker is New FERM
Jul 6 2009 // Michael Jackson’s untimely death, barely two weeks before he was to begin a long awaited series of 50 concerts stretching over eight months, has been the world’s top story. It’s also a story in London,...
Lowery Resigns as President of Lloyd’s North America
Jul 1 2009 // LoriAnn Lowery has resigned her position as the President of Lloyd’s North America after a little more than a year on the job. Sue Langley, Lloyd’s Director, Market Operations and North America, said Lowery,...
Starr Teams up with Talbot, QBE for Construction Risks through Lloyd’s
Jul 1 2009 // Starr Underwriting Agents Limited and Starr Specialty Lines Insurance Agency, LLC, both subsidiaries of C. V. Starr & Co., Inc. announced that they can now offer additional capacity of up to $75 million “through...
This is It: Massive Headache for Jackson Concert Series Promoters
Jun 29 2009 // It was to be the comeback of the young century: Michael Jackson using the “This is It” tour to retake his throne as King of Pop, lord of the dance and darling of the masses. What grander stage than London for...
S&P, Best Rate Beazley’s Holding Co.
Jun 10 2009 // Standard & Poor’s Ratings Services announced that it has assigned its ‘BBB+’ long-term counterparty credit rating to Beazley PLC, the Jersey-domiciled and Irish-tax resident, ultimate holding company...
Argo Renames Lloyd’s Business as ‘Argo International;’ Enoizi New CEO
Jun 3 2009 // The Bermuda-based Argo Group International Holdings announced that its Lloyd’s operation, Heritage Managing Agency Ltd., has been renamed Argo Managing Agency Ltd. and will conduct business under the brand name of...
Lloyd’s CEO Says Insurance May Play ‘Bigger Role’ in Poor Regions
Jun 2 2009 // Lloyd’s CEO Richard Ward, in a speech given to a meeting in Tokyo of the Geneva Association, the organization for the study of insurance economics today, called for insurance to play a bigger role in providing vital...
Report Analyzes Threat to U.S. Coastlines
May 18 2009 // Lloyd’s of London has issued a summary of a report – “Resilient Coasts: a Blueprint for Action” – originally prepared by the Heinz Center and Ceres, which analyzes the threat to U.S....
Montpelier Re Launches Lloyd’s Marine Unit
May 15 2009 // Bermuda-based Montpelier Re Holdings Ltd. announced that Montpelier Syndicate 5151 will begin underwriting marine insurance business in August 2009. “The new marine account will consist of hull, cargo and specie...
Ratings: Allstate, Arrowhead, Nat’l. Lloyd’s/Summit, ISMIE Mutual, Greenville Casualty, Un. Farm Indiana
May 13 2009 // Standard & Poor’s Ratings Services has assigned its ‘A-‘ senior debt rating on Allstate Corp.’s (ALL) recently priced senior debt issue. S&P also affirmed its ‘A-‘ counterparty...
U.K.’s Marketform Group Launches Five New Classes of Business
May 12 2009 // The London-based Marketform Group Limited, a leading market for non-US medical malpractice and other specialty lines, has announced that it is now underwriting five new classes of business. Chairman Holly Bellingham...
