Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Lloyd’s Comments on Reports of Rampant Sexual Harassment in the Marketplace
Mar 22 2019 // In the era of #MeToo when the ills of sexual harassment are regularly in the news, a recent article published by Bloomberg Businessweek indicates that some men working in the London insurance market still haven’t...
Hamilton to Buy Pembroke Managing Agency, Ironshore Europe DAC from Liberty Mutual
Mar 14 2019 // Hamilton Insurance Group Ltd., the Bermuda-based holding company of re/insurance operations in Bermuda and at Lloyd’s, announced it has signed a definitive agreement with Liberty Mutual Group to acquire the Pembroke...
Lloyd’s Appoints Spink as Head of Global Operations
Mar 7 2019 // Lloyd’s has appointed Hayley Spink as head of Global Operations. In her new role Spink will provide operational leadership for Lloyd’s internal and market-wide programs, reporting to chief operating officer,...
Lloyd’s Chairman Carnegie-Brown Reflects on Life of Former Chairman Rowland
Feb 21 2019 // Bruce Carnegie-Brown, chairman of Lloyd’s, issued this market bulletin on Feb. 18, 2019 about the life and death of Sir David Rowland, who was chairman of the market between 1993 and 1997. It is with great sadness...
Lloyd’s Managing Agency Antares Appoints Battle as Chief Executive Officer
Feb 19 2019 // Antares the Lloyd’s managing agency and member of the QIC Group announced the appointment of Jonathan (Joe) Battle, the current active underwriter, as chief executive officer (subject to necessary regulatory...
Insurer Lancashire to Use Lloyd’s EU Hub in Brussels After Brexit
Feb 15 2019 // Property and casualty insurer Lancashire Holdings Ltd will use insurance market Lloyd’s of London’s European Union hub in Brussels after Britain leaves the European Union, its top boss told Reuters. “We...
Ascot and Beazley Launch $50M Insurtech-Linked Cargo Consortium for SMEs
Feb 13 2019 // Ascot and Beazley announced the launch of a Lloyd’s-based cargo consortium, which uses insurtech solutions to help manage risk and claims performance. Led by Ascot and Beazley, the consortium brings together a range...
London’s Electronic Placements via PPL Exceeded Targets During Q4 2018
Feb 7 2019 // London’s electronic placing platform exceeded its target of 30 percent of in-scope risks during the fourth quarter of 2018, according to the board of Placing Platform Ltd. (PPL). Lloyd’s syndicates accepted 39...
Ex-CEO of QBE N. America Duclos Named Non-Exec Chairman of Lloyd’s Global Network
Feb 6 2019 // Lloyd’s has appointed David Duclos as non-executive chairman of Lloyd’s Global Network, where he will play a key advisory role in the development of Lloyd’s international network. Duclos will take up the...
Being Independent, Nimble and Niche: Keys to SSL Endeavour’s Aim to Put Clients First
Feb 6 2019 // By creating an innovative and nimble operating platform, SSL Endeavour, London-based Lloyd’s broker, aims to attract and retain the best entrepreneurial brokers who are freed up to create innovative client solutions,...
Lloyd’s Taps Keese from Allianz as Chief Financial Officer, Succeeding Parry
Feb 4 2019 // Burkhard Keese has been confirmed as the chief financial officer (CFO) of Lloyd’s following the unanimous approval of his appointment as successor to John Parry by the Council of Lloyd’s. Keese will take up his...
Lloyd’s Appoints Former U.S. Senator Sununu as Member of Council
Jan 30 2019 // Lloyd’s confirmed the appointment of former U.S. Senator John E. Sununu of New Hampshire as a new member of its Council for a three-year term, beginning Feb. 6, 2019. During his tenure in the Senate, Sununu served on...
Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap
Jan 24 2019 // The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues to be low. The relative inability of private insurers to penetrate the flood insurance market...
Marsh Places 10,000-Plus Risks During 2018 via London’s Placing Platform (PPL)
Jan 14 2019 // Marsh announced it placed more than 10,000 risks in 2018 through Placing Platform Ltd. (PPL), the electronic insurance placement platform used by Lloyd’s, London market insurers, and brokers. Marsh has now bound more...
Suit Says Lloyd’s “Steered” Hawaii Homeowners, Many Were Left with Lava Exclusions
Jan 11 2019 // A federal class action lawsuit alleges that Lloyd’s of London and its affiliated insurance brokers “steered” Hawaiian homeowners throughout the state away from comprehensive home insurance coverage...
Lloyd’s Underwriters Agree to Settle Charges Related to NRA-Branded Insurance
Dec 21 2018 // In a December 20 consent order, 10 Lloyd’s of London underwriters have entered into an agreement to pay $5 million to the New York State Department of Financial Services (DFS) for underwriting fire arms liability...
Rottiers Appointed as CEO of Lloyd’s Brussels
Dec 20 2018 // Sonja Rottiers has been appointed as the chief executive officer of Lloyd’s Brussels. She will also be Lloyd’s regional director for Europe, Middle East and Africa, and will take up her position in...
Lloyd’s Chief Operating Officer Khoury-Haq to Leave the Corporation
Nov 21 2018 // Lloyd’s of London announced that its chief operating officer, Shirine Khoury-Haq, has decided to leave the corporation, after nearly five years. Khoury-Haq joined Lloyd’s in 2014 and is a member of...
London’s Electronic Placements Exceed Targets; Beazley Syndicate 3623 Ranks #1
Nov 20 2018 // The London market’s electronic placing platform, PPL Ltd., exceeded targets during the third quarter as more and more syndicates and companies accepted risks via the platform. Beazley Syndicate 3623 topped the league...
Lloyd’s Officially Opens Its EU Headquarters, Lloyd’s Brussels
Nov 13 2018 // Lloyd’s, the insurance and reinsurance market, officially opened Lloyd’s Brussels, its post-Brexit headquarters in the European Union. Lloyd’s Brussels is Lloyd’s first Europe-wide operation and...
