Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Lloyd’s Insurer Brit to Stop Insuring Australia’s Adani Coal Mine
Feb 23 2021 // Major Lloyd’s of London insurer Brit will not insure Adani Enterprises’ Carmichael thermal coal mine, it said on Tuesday, adding to a growing list of Lloyd’s insurers who have made similar...
Lloyd’s Expects to Reopen Underwriting Room in April or May
Feb 19 2021 // Lloyd’s expects to reopen its underwriting room on Lime Street in London after Easter from April 12, or after the early May UK holiday on May 4. The decision will depend on the UK government’s update on the...
Internet of Things Devices Increase Risk of Cyber Attacks on Industrial Sector: Lloyd’s
Feb 17 2021 // Internet of Things (IoT) devices are increasing the risk of cyber attacks to industrial and manufacturing businesses, according to a report published by Lloyd’s in partnership with cyber analytics specialist...
Lloyd’s Construction Specialists Say They Are Ready For U.S. Infrastructure Boom
Feb 16 2021 // Construction insurance specialists at Lloyd’s of London are hoping to see more U.S. business from increased government investment in infrastructure projects in 2021. That will be welcome after a period of dealing...
ES Risks & FocusPoint International Announce New Solution with Certain Underwriters at Lloyd’s of London to Provide World Class Response Under ‘Crisis Bulwark’ Facility
Feb 9 2021 // London, UK, FEBRUARY 9, 2021 – ES Risks and FocusPoint International (FPI) announce a new offering with Lloyd’s of London, that will bring world-class crisis response and technology into the product concept to be...
Lloyd’s Launches Global Platform to Drive Resilience to World’s Systemic Risks
Feb 8 2021 // Lloyd’s, the insurance and reinsurance marketplace, is launching “Futureset,” a new global platform and community dedicated to driving greater societal and economic resilience to the world’s most...
Mosaic Launches Bermuda-Based Specialty Insurer, Along with Lloyd’s Syndicate 1609
Feb 4 2021 // Mosaic, a Bermuda-based global specialty insurer, has launched operations in Bermuda, London, the United States and Asia, along with a newly formed Lloyd’s syndicate. Operating with initial capitalization of $185...
Lloyd’s Appoints Aviva’s Tiernan to New Chief of Markets Position
Jan 22 2021 // Patrick Tiernan will be joining Lloyd’s of London in the newly-created role of chief of Markets, where he will will oversee market performance and distribution. Tiernan will join Lloyd’s from Aviva where he is...
UK Regulators Approve Lloyd’s Special Purpose Vehicle to Attract New Forms of Capital
Jan 14 2021 // Lloyd’s announced it has received regulatory approval to set up a new multi-insurance special purpose vehicle, which aims to attract new forms of capital. A key milestone for the Future at Lloyd’s strategy, the...
Hamilton’s Lloyd’s Operations Hires Ormes from Chubb, Mognetti from Acappella
Jan 12 2021 // Hamilton Insurance Group Ltd. announced two senior appointments in its Lloyd’s operations, Hamilton Managing Agency Ltd. – Trevor Ormes as deputy active underwriter of Syndicate 4000 and head of Professional Lines,...
Lloyd’s Moves to End Insurance and Investments in Coal for Climate Sustainability
Jan 11 2021 // The Lloyd’s market is moving to end its insurance cover for coal and oil sands businesses while at the same time ceasing investments in such carbon-producing assets by Jan. 1, 2022. As part of its plan to accelerate...
Lloyd’s Syndicate Dale and DUAL Launch MGU with Focus on U.S. Property Insurance
Dec 21 2020 // Dale Underwriting Partners and DUAL announced a new joint venture, Dale DUAL MGU Ltd. (DDML), in collaboration with Aviva with immediate effect. This partnership has been brought together by Howden Reinsurance Broking led...
Lloyd’s Moves to End Insurance and Investments in Coal for Climate Sustainability
Dec 17 2020 // The Lloyd’s market is moving to end its insurance of coal and oil sands businesses while at the same time ceasing investments in such carbon-producing assets by Jan. 1, 2022. As part of its plan to accelerate the...
Lloyd’s, Insurtech Parsyl Launch Insurance Facility for COVID-19 Vaccine Shipments
Dec 15 2020 // Lloyd’s and insurtech start-up Parsyl Inc. announced the launch of the Global Health Risk Facility (GHRF), which will provide billions of dollars of insurance coverage, together with risk mitigation services, to help...
New Insurance Group Inigo Gets Approval from Lloyd’s to Start Underwriting in January
Dec 3 2020 // Inigo Ltd., the new London insurance group that has raised $800m in start-up capital from a group of blue chip global investors, announced that it has received approval in principle from the Corporation of Lloyd’s...
Lloyd’s Gets Nod to Transfer European Policies to Lloyd’s Europe in Time for Brexit
Nov 30 2020 // Lloyd’s, the world’s leading insurance and reinsurance market, has received final approval from the High Court of England and Wales to transfer policies in the European Economic Area to Lloyd’s Insurance...
Ki Syndicate 1618 Binds 1st Risk with AmWINS’ Broking Unit THB
Nov 30 2020 // Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced it has bound its first risk with THB, the International broking arm of global specialty wholesale broker, AmWINS Group Inc. The risk...
Private Equity Investors Pelican Ventures, J.C. Flowers Complete Ariel Re Deal
Nov 25 2020 // Private equity investors Pelican Ventures and J.C. Flowers & Co. have completed their acquisition of Ariel Re from Argo Group. Ariel Re underwrites a global portfolio of reinsurance products in Bermuda, London and Hong...
Digital Lloyd’s Syndicate Ki Goes Live with List of Broker Trading Partners
Nov 23 2020 // Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced the onboarding of its first trading partners to its proprietary digital platform, providing access to its algorithmic underwriting...
New Insurance Group Inigo Raises $800M of Capital; Founded by Former Hiscox Execs
Nov 23 2020 // Inigo Ltd., a new London-based insurance group, announced it has completed a capital raise of approximately $800 million from a consortium of global investors, comprising (among others) funds controlled by Caisse de...
