Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Best Affirms Lloyd’s Syndicate 2010 ‘A’ Ratings (Cathedral Capital)
Oct 29 2009 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 2010. At the same time Best affirmed the ICR of...
Best Assigns ‘A’ Ratings to Lloyd’s Syndicates 3623, 3622 (Beazley)
Oct 28 2009 // A.M. Best Co. has assigned its Best’s Syndicate Ratings of ‘A’ (Excellent) and issuer credit ratings of “a+” to Lloyd’s Syndicate 3623 and Lloyd’s Syndicate 3622, with stable...
Lloyd’s Notes Success of Regional Catastrophe Pools, CCRIF
Oct 26 2009 // An article on the Lloyd’s of London web site (www.lloyds.com) discusses the success of an “innovative solution” which can make funding available to governments in the aftermath of a natural...
Ironshore Expands Property Division at Lloyd’s, Bermuda
Oct 22 2009 // Bermuda-based Ironshore Inc. announced today that it has gained approval to write direct and facultative property business on behalf of its Pembroke Lloyd’s Syndicate effective October 1, 2009. The Pembroke team will...
Mullan Appointed CEO of Max Capital’s Lloyd’s Syndicates
Oct 22 2009 // The Bermuda-based Max Capital Group Ltd. announced the appointment of Adam Mullan as Chief Executive Officer of Max at Lloyd’s Ltd., the Lloyd’s managing agent for Syndicates 1400, 2525 and 2526. The...
Judge: Stanford, Others May Seek Defense Fees From Lloyd’s D&O Policy
Oct 13 2009 // Financier Allen Stanford and other executives who face charges related to an alleged $7 billion fraud may file claims for defense funds under a directors’ and officers’ insurance policy, a federal judge said...
The ‘Special’ Relationship
Oct 5 2009 // The bond between the United States and the U.K. has been the subject of a significant amount of media comment in recent weeks on both sides of the Atlantic. Our long held “special” relationship seems to have...
Lloyd’s D&O Coverage an Issue in Stanford Fraud Case
Oct 5 2009 // Lloyd’s of London has told a federal judge he should not allocate the proceeds of a directors and officers insurance policy for accused swindler Allen Stanford and other executives because they have no guarantee of...
London: International Insurance Center
Oct 5 2009 // Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers,...
London: International Insurance Center
Oct 5 2009 // Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers,...
Lloyd’s First Half 2009 Pretax Profits up 29% to $2.18 Billion
Sep 24 2009 // Lloyd’s conservative management, combined with a notable lack of major natural catastrophes, has resulted in a £1.32 billion ($2.18 billion) pretax profit for the first half of 2009, compared to £949...
Jones’ Team Joins Flagstone Re’s Lloyd’s Syndicate
Sep 24 2009 // Bermuda-based Flagstone Reinsurance Holdings Limited announced that a team lead by Nick Jones has joined its Lloyd’s underwriting operation, Marlborough Underwriting Agency Ltd., to create a worldwide property...
Insurance Agent Jailed for Falsely Representing Lloyd’s in Kentucky
Sep 23 2009 // A financial service worker in South Carolina was sentenced today to two years in prison for using a scheme to dupe mortgage companies and homeowners in Eastern Kentucky. David C. Thomas, of Greenville, S.C. admitted he...
1909 New Graduates Start at Lloyd’s
Sep 22 2009 // Lloyd’s has welcomed its newest group of graduate students. The latest batch of successful applicants to work in at One Lime Street “will start an 18-month rotation that will see them working in three six-month...
Lloyd’s Opens First Nordic Office
Sep 21 2009 // Lloyd’s announced that it has opened its first representative office in Scandinavia in Sweden, which will act as the hub for all of its Nordic operations. The office, in Stockholm, will be run by Lloyd’s Nordic...
Lloyd’s Chairman: Limiting UK’s Financial Services is ‘Dangerous Talk’
Sep 18 2009 // Lloyd’s of London Chairman, Lord Peter Levene, strongly defended the important role financial services play in the UK’s economy in general and in the City of London in particular. Levene chastised policymakers,...
Lloyd’s Insurer Jubilee Launches New Brand Consolidation Plan
Sep 17 2009 // The specialist Lloyd’s insurer Jubilee Managing Agency Limited announced the launch of a new brand across its operations, which it said reflects “the company’s strategic plans to expand and grow its...
Lloyd’s Directors & Officers Insurance At Issue in Stanford Fraud Case
Sep 15 2009 // Lloyd’s of London said a federal judge should not allocate the proceeds of a directors and officers insurance policy for accused swindler Allen Stanford and other executives because they have no guarantee of...
Lloyd’s Explores Terrorism/Internet Threats
Aug 27 2009 // Politico-social trends are rarely static; they evolve over time. Terrorism is no exception. An article on the Lloyd’s of London web site (www.lloyds.com) notes that “today’s extremists are just as intent...
Best Affirms Lloyd’s Syndicate 1084 (Chaucer) ‘A’ Ratings
Aug 27 2009 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A ‘(Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 1084. Best also affirmed the ICR of...
