Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Lloyd’s Sees Return to Profitability Despite Losses, Reduced Capacity
Aug 22 2001 // According to the latest report from the Association of Lloyd’s Members (ALM), which represents most of the individual investors, or “Names,” in Lloyd’s syndicates, the market should return to...
Asbestos Claims: ‘The Shroud Over the Industry’
Aug 20 2001 // Jim Hickey, the founder of the Environmental Insurance Agency in Portland, described environmental claims in general and asbestos claims in particular as “the shroud over the industry,” or harbingers of...
Swiss Re, Tokio Marine Conclude $450 Million Cat Swap
Aug 17 2001 // A.M. Best Co. affirmed the “A” (Excellent) rating of Lloyd’s and removed its negative outlook. This negative outlook was affirmed on June 28, 2001to reflect A.M. Best’s concerns over the...
Lloyd’s Grants Independent U.S. Brokers First-Ever Access
Aug 6 2001 // Officials with Lloyd’s of London announced the names of the first-ever independent brokers in the U.S. to be accredited for direct access to the London-based insurance market. The historic selection of The Hanleigh...
U.S. BROKERS ACCESS LLOYD’S
Jul 30 2001 // Officials with Lloyd’s of London announced the names of the first-ever independent brokers in the U.S. to be accredited for direct access to the London-based insurance market. The selection of The Hanleigh Group and...
First-Ever Independent U.S. Brokers Access Lloyd’s
Jul 24 2001 // Officials with Lloyd’s of London announced the names of the first-ever independent brokers in the U.S. to be accredited for direct access to the London-based insurance market. The historic selection of The Hanleigh...
A.M. Best Affirms Lloyd’s Rating
Jul 6 2001 // A.M. Best Co. affirmed the “A” (Excellent) rating of Lloyd’s and its financial size category of XV. The rating continues to carry a negative outlook. According to A.M. Best, the affirmation of the rating...
QBE To Realign Lloyd’s Syndicates, Increase Capacity
Jun 27 2001 // Australia’s QBE announced that it plans to rearrange its interests in several Lloyd’s syndicates managed by its wholly owned subsidiary Limit plc, and will increase their underwriting capacity. The syndicates...
Lloyd’s/IUA To Offer Mediation Clinics
Jun 26 2001 // Lloyd’s and London’s International Underwriting Association announced they would jointly sponsor “a series of alternative dispute resolution (ADR) clinics to be operated in conjunction with commercial...
Lloyd’s and Tripwire Inc. to Sponsor Insurance and Technology Forum
Jun 26 2001 // A forum designed to educate corporate risk officers, risk managers, CFOs and CIOs as to the risk exposures inherent in e-commerce and new technologies will be sponsored by Lloyd’s and Tripwire Inc. in New York City...
U.S. Now Largest Lloyd’s Market
Jun 19 2001 // The latest figures from Lloyd’s of London show that “for the first time in its 300-year history, the United States has become the British insurer’s largest single market.” Gross premiums from the...
AIG Announces Plans To Form Lloyd’s Syndicate
Jun 18 2001 // According to a report in London’s Financial Times, American International Group, plans to announce the formation of an underwriting syndicate at Lloyd’s with an initial capitalization of $100 million ($140...
Tightening Market Conditions Set Tone at AAMGA 75th Anniversary
Jun 18 2001 // At the 2001 AAMGA Annual Meeting, held May 20-24 in Indian Wells, Calif., at least one topic of discussion was as intense as the desert sun—all current indications clearly reflect a tightening of the market. There are...
Lloyd’s Syndicate Offers New Coverage for War, Political Violence
Jun 11 2001 // Managing Agency Partners (MAP) Underwriting, one of Lloyd’s newest syndicates, has come up with an innovative and timely policy aimed at protecting investors from losses caused by wars and political violence in...
Tightening Market Conditions Set Tone at AAMGA 75th Anniversary
Jun 11 2001 // At the 2001 AAMGA Annual Meeting, held May 20-24 in Indian Wells, Calif., at least one topic of discussion was as intense as the desert sun—all current indications clearly reflect a tightening of the market. There are...
TO BE OR NOT TO BE CAPTIVE
Jun 11 2001 // Despite recent reports, Lloyd’s hasn’t made any decision as to whether it will exit the captive market. The issue is under study as part of an overall review of Lloyd’s operations, due to be presented in...
The Changing Face of the London Insurance Market: Lloyd’s Admits ‘Foreign’ Brokers-Ins-sure Takes Ov
Jun 4 2001 // The London insurance market achieved two significant milestones recently with the admission to Lloyd’s membership of three non-U.K.-based brokers, and the launch of Ins-sure Services, Ltd., which will assume the...
Lloyd’s reviewing the Captive Market – No Decision on Withdrawal
May 29 2001 // Despite recent reports, Lloyd’s hasn’t made any decision as to whether it will exit the captive market. The issue is under study as part of an overall review of Lloyd’s operations, due to be presented in...
Lloyd’s Syndicate Offer New Coverage For War, Political Violence
May 29 2001 // MAP Underwriting, one of the newest syndicates at Lloyd’s, has come up with an innovative and timely policy, aimed at protecting investors from losses caused by war and political violence in troubled areas like the...
Lloyd’s Issues Warning on Travel Insurance
May 25 2001 // As the holiday season began, Lloyd’s issued a warning to the public concerning certain travel insurance policies sold by the Management Company (London) Limited. It urged people to “check the validity of any...
