Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Lloyd’s Program Aims to Increase Claims Talent
Sep 24 2010 // Lloyd’s has announced that it will establish a dedicated program to recruit and train 50 claims professionals over the next five years, which it said is equivalent to “10 per cent of claims personnel currently...
Talley to Head Lloyd’s America U.S. Central Region
Sep 21 2010 // Lloyd’s announced the promotion of Pat Talley to Regional Director for Lloyd’s America’s Central Region. He will “be responsible for the Illinois and Kentucky offices [the two states in the U.S....
80% of Brokers ‘Very Positive’ on Lloyd’s Market
Sep 17 2010 // An article on the Lloyd’s web site [www.lloyds.com] concludes that “more than 80 percent of brokers say they are ‘very positive’ about doing business at Lloyd’s, according to the latest...
Best Affirms Ratings of Lloyd’s Syndicate 510 and Kiln Group Limited
Sep 15 2010 // A.M. Best Europe – Rating Services Ltd has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 510, which is...
Lloyd’s Recreates Famous Underwriting Room in Dublin for Charity
Sep 14 2010 // Lloyd’s has recreated its underwriting room in Dublin in the first event of its kind seen in Ireland. The unusual event “allowed representatives from the Irish and Lloyd’s markets to discuss their...
Brokers Marsh, Cooper Gay, RK Harrison to Test iPads at Lloyd’s
Sep 7 2010 // Lloyd’s announced that it has joined with brokers Marsh, Cooper Gay and RK Harrison Group in a trial to test the use of iPads in its underwriting room. The trial is set to commence in early September. Lloyd’s...
NFL Star’s Hair Insured by Lloyd’s for $1 Million
Sep 1 2010 // The long, flowing black hair that tumbles out of NFL star Troy Polamalu’s helmet and down his back has been insured for $1 million by Head and Shoulders, the shampoo brand that is endorsed by the Pittsburgh Steelers...
Stanford, Execs Deny Key Role in Alleged Fraud Cited by Lloyd’s
Aug 30 2010 // Lawyers for Texas financier Allen Stanford and two accounting executives who worked for him sought to distance their clients Friday from the alleged financial wrongdoing insurer Lloyd’s of London cites as a reason to...
Lloyd’s Warns of Perils Related to Electric Grid Transformer Failure
Aug 25 2010 // A bulletin on the Lloyd’s of London web site (www.lloyds.com) warns that a “major transformer failure can wreak havoc, causing power shortages or outages affecting millions of homes and businesses and costing...
Ex-Stanford Executive Settles with Lloyd’s Over Defense Fees Under D&O
Aug 25 2010 // Laura Holt, the former chief investment officer for accused Ponzi schemer Allen Stanford’s financial firm, has reached a settlement with Lloyd’s of London over her defense fees, a federal judge said...
East London Experiencing Tenfold Increase in Extreme Rainfall: Lloyd’s
Aug 5 2010 // A new study from Lloyd’s shows that East London has experienced a tenfold increase in extreme daily rainfall since 1960 and warns that the closing of meteorological stations is resulting in incomplete data and...
Globalization: How Systemic Risks Have Altered the Financial World
Aug 2 2010 // When the present Lloyd’s building was completed in 1986, the architecture was called high tech, but inside you would have found that the offices contained no Internet, no e-mails and no World Wide Web. Since the...
Lloyd’s Lauds Buoyant Brazil
Jul 26 2010 // Lloyd’s Chairman Lord Levene, speaking at a recent Lloyd’s seminar in Rio de Janeiro, gave high marks to the successful establishment the Lloyd’s market has made in Brazil, describing it as...
Is Global Warming Causing More Frequent, More Powerful Hurricanes?
Jul 21 2010 // A workshop held in Lloyd’s Old Library sought to answer that question, by examining the impact global warming could have on the hurricane season. Lloyd’s cited the fact that “analysis of weather patterns...
Navigators Syndicate 1221 Co-Locates with Lloyd’s in Brazil
Jul 20 2010 // The New York-based Navigators Group announced that its wholly-owned syndicate, Navigators Syndicate 1221 at Lloyd’s of London, is co-locating with Lloyd’s in Rio de Janeiro by appointing a local...
Lloyd’s Welcomes Passage of Dodd-Frank Financial Reform Act
Jul 16 2010 // In a brief statement Lloyd’s of London officially welcomed the successful passage of the Dodd-Frank Act through the US Senate. Sean McGovern, Lloyd’s Director and General Counsel, stated: “We welcome the...
Lloyd’s Won’t Insure or Reinsure Petroleum Shipments for Iran
Jul 9 2010 // Lloyd’s of London will not insure or reinsure petroleum shipments going into Iran, the insurance market said on Friday. U.S. President Barack Obama signed into law last week far-reaching new sanctions that aim to...
Brokers in London Market Survey ‘More Positive’ about Lloyd’s
Jul 8 2010 // “Brokers are now significantly more positive about conducting business at Lloyd’s than two years ago,” according to a survey of the Lloyd’s market from part of the Gracechurch London Market Study...
Lloyd’s Foresees Further Growth in China from Grant of Direct License
Jul 7 2010 // Lloyd’s managing agents are predicting their businesses will get a big boost from the market being granted a licence to write direct insurance in China [See IJ web site –...
