Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Lloyd’s Examines Growth of Polish Insurance Industry
Jun 13 2008 // While most people identify Russia as the emerging insurance market in Eastern Europe, Lloyd’s notes that “Poland is beginning to make a name for herself. When Lloyd’s Chairman Lord Levene visited the...
Lloyd’s Analyzes Collapsing Cranes
Jun 11 2008 // Lloyd’s asks: “How safe are cranes? And will the recent spate of accidents involving them increase rates for policyholders?” A major indication of a booming construction industry is the number of cranes...
Lloyd’s Analyzes Impact on Insurance of World Food Price Hikes
Jun 9 2008 // The rise in world food prices carries implications for both rich and poor countries – the latter will more fully feel the impact, as well as the insurance industry. The recent conference in Rome, organized by the...
Gallagher Head Lauds Lloyd’s
Jun 4 2008 // Pat Gallagher, Chairman, President and CEO of Arthur J Gallagher & Co. visited Lloyd’s last week, and spoke in glowing terms about its accomplishments. All of which Lloyd’s duly noted in an article on its...
Ratings Roundup: Inter-Industry, Western Isles, PARIS RE, Fairfax, AmerInst, Omega, Lloyd’s Syndicate 958
May 29 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘B+’ (Good) and the issuer credit rating of “bbb-” of Inter-Industry Insurance Company Limited (III), which is based on the Isle of Man,...
Ratings: Triad, Crawford, Liberty (Debt), Nat’l. Lloyd’s/Summit, Grange Mutual, Horace Mann, American Community
May 27 2008 // Standard & Poor’s Ratings Services announced that all of its ratings on Triad Guaranty Inc.(TGIC), currently ‘BB’, and its mortgage insurance subsidiary, Triad Guaranty Insurance Corp. (Triad),...
Lloyd’s Members Approve Proposals to Modernize Governing Statute
May 23 2008 // At an Extraordinary General Meeting held yesterday, May 21, the membership of Lloyd’s approved a resolution to consent to the proposals to amend the Lloyd’s Act of 1982 by means of a Legislative Reform...
Willis, Lloyd’s Create Largest Launch Coverage for Eutelsat
May 19 2008 // The largest satellite “launch insurance package ever placed has been completed by broker Willis Inspace, with a Lloyd’s underwriter leading the risk,” for Europe’s Eutelsat, the world’s third...
Lloyd’s Unveils 360 Project’s Latest Target: the ‘Liability Challenge’
May 15 2008 // “Businesses could be facing a future liability crisis if they do not face up to growing litigation issues,” Lloyd’s warns in its latest report -“‘Directors in the Dock – is business...
Lloyd’s Amlin to Launch Insurance Risk Trading Venture
May 7 2008 // Amlin plc, one of Lloyd’s largest insurers, has announced its intention to form a new Investment Management Partnership with John Wells, who will become Chairman, and Luca Albertini, who will become Chief...
Business Moves
May 5 2008 // NSM Insurance, Insurex NSM Insurance Group, a national wholesaler and program manager based in Conshocken, Pa., has acquired Insurex, a California-based workers’ compensation brokerage. The acquisition...
Lloyd’s Lord Levene’s L.A. Speech Lauds London
Apr 28 2008 // Lloyd’s Chairman Lord Levene told an audience of around 100 business executives in Los Angeles on Friday that London’s strengths as a leading global financial center have not been diminished by the credit...
Lowery Named to Head Lloyd’s North America
Apr 22 2008 // Lloyd’s announced the appointment of LoriAnn Lowery as its new President, North America. She will report directly to Director, Market Operations and North America Sue Langley, in London. Lowery “will be...
World’s Weather as a Deranged Pinball Machine?
Apr 21 2008 // The 10th edition of the European Insurance Forum (EIF), held at Dublin’s Four Seasons Hotel and sponsored by the Dublin Insurance & Management Association (DIMA) April 7-8, focused on some major issues of...
Lloyd’s Warns on Europe Quake Risks
Apr 18 2008 // The early morning earthquake that struck Market Rasen in Lincolnshire recently was literally a wake-up call for many people. (See IJ web site –...
Lloyd’s Authorized as Brazil Reinsurer
Apr 18 2008 // Lloyd’s has received approval from the Superintendence of Private Insurance (SUSEP) to become the first admitted reinsurer in Brazil. Lloyd’s announced that it had applied for the license in February (See IJ...
Lloyd’s Braces for U.S. Hurricanes
Apr 17 2008 // Lloyd’s insurers with exposures on the US East Coast have been told to brace themselves for an above average storm season, with as many as eight hurricanes tearing through the Atlantic. In an article on its web site...
Lloyd’s Analyzes Europe’s Windstorms
Apr 16 2008 // “Winter storms in Europe are like London buses,” says an article on the Lloyd’s web site (www.lloyds.com) – “You don’t see any for a while and then along come two or three, one behind...
Lloyd’s Comments on Impact of UK’s Corporate Manslaughter Act
Apr 15 2008 // Lloyd’s warned UK executives that the Corporate Manslaughter Act and Corporate Homicide Act 2007, which came into effect on Sunday, April 6, may result in a “string of new prosecutions for fatal accidents that...
Lloyd’s Finds 25 New Risks for Industry to Worry About
Apr 10 2008 // As if the insurance industry didn’t already have a heaping plate full of risks, Lloyd’s has summarized the results of a scientific conference and added 25 more. An article on its web site (www.lloyds.com)...
