Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Lloyd’s Is Working With UK, Global Regulators to Implement Russia Sanctions
Jun 1 2022 // Lloyd’s of London, the world’s oldest insurance market, said on Wednesday that it was working closely with British and international governments and regulators to implement global sanctions against...
Lloyd’s Broker Superscript Offers Insurance for Crypto, Digital Asset Businesses
May 13 2022 // Lloyd’s broker Superscript has launched a dedicated product for distributed ledger technology (DLT), digital asset, and blockchain businesses. The product, named Daylight, will help digital asset businesses secure...
People Moves: Canopius CUO Duffy to Retire Next Year; AXA XL Promotes Baker to Head of Construction, UK & Lloyd’s
May 12 2022 // Canopius CUO Duffy to Retire Next Year Canopius Group, the London-based global specialty re/insurer, announced that, after nearly 17 years of service, Group Chief Underwriting Officer Mike Duffy will retire in 12...
Florida Restaurants Go Hungry in Federal, State COVID Suits vs. Lloyd’s
May 12 2022 // Florida restaurants have had little success in recent lawsuits against Lloyd’s of London over insurance coverage for shutdowns during the COVID-19 pandemic. On Wednesday, Florida’s 3rd District Court of Appeal,...
Lloyd’s of London AGM to Go Virtual on Threat of Climate Protests
May 11 2022 // Commercial insurance market Lloyd’s of London is encouraging members of its 100-odd syndicates to attend its annual general meeting next week online rather than in person, due to the threat of climate protests. Since...
Lloyd’s Insurer Lancashire Sees Manageable Russia-Ukraine Losses
Apr 28 2022 // Shares in Lloyd’s of London insurer Lancashire jumped nearly 10% on Thursday as it estimated net losses in Ukraine at around $20-30 million and said further potential losses in the region were within its risk...
People Moves: Lloyd’s Names Hernandez Mkt. Dev. Mgr., Central America; Chaucer Taps Argenta’s Sheppard for Renewables; H.W. Kaufman Promotes Kaufman Davis
Apr 22 2022 // This edition of International People Moves details appointments at Lloyd’s, Chaucer, and H.W. Kaufman Group. A summary of these new hires follows here. Lloyd’s Names Hernandez Market Development Mgr., Central...
Update: Climate Change Protesters Disrupt Lloyd’s Headquarters
Apr 12 2022 // Climate change protesters in London have targeted insurance underwriting house Lloyd’s of London for its role in enabling fossil fuel projects. The City of London Police said they were aware of protests at...
New Lloyd’s Insurer Inigo Issues Inaugural Catastrophe Bond
Apr 8 2022 // Inigo Ltd., the new Lloyd’s insurer, has entered the catastrophe bond market for the first time, less than 18 months after the firm began writing its portfolio of specialty insurance and reinsurance. Montoya Re,...
People Moves: WTW Names Aon’s Day as Head of Int’l Property; TMK Hires Spyropoulos From Lloyd’s as Asia Regional MD; HDI Global Mexico Makes Management Changes
Apr 7 2022 // This edition of International People Moves details appointments at Willis Towers Watson (WTW), Tokio Marine Kiln (TMK), and HDI Global. A summary of these new hires follows here. WTW Names Aon’s Day as Head of...
Lloyd’s Lab Selects 11 Insurtechs to Test Decarbonization, Climate Change Solutions
Mar 31 2022 // The Lloyd’s re/insurance marketplace announced the next 11 insurtech start-ups that will join the eighth cohort of the Lloyd’s Lab in its 10-week program. Lloyd’s Lab, the market’s innovation...
Lloyd’s CEO Neal Hospitalized After Serious Bike Accident
Mar 29 2022 // Lloyd’s CEO John Neal was involved in a collision with a car while riding his bike on Saturday, March 26, Lloyd’s said in a statement. Neal sustained serious injuries and is undergoing treatment in hospital,...
Lloyd’s Expects ‘Major Claim’ From Russia-Ukraine War, Reports ‘Strong’ Profit in 2021
Mar 24 2022 // Lloyd’s, the world’s leading insurance and reinsurance marketplace, announced “a strong return to profitability” in its 2021 full year financial results, with an overall profit of £2.3 billion...
Oman Insurance Co. Receives Nod to Underwrite via Lloyd’s Syndicate-in-a-Box
Mar 17 2022 // Oman Insurance Co. (OIC) and Asta, the third-party managing agent at Lloyd’s, announced that OIC’s syndicate 2880 has received Lloyd’s approval to commence underwriting. Syndicate 2880 was launched under...
Lloyd’s Slaps Record Fine on Atrium Underwriters for Bullying, Harassment
Mar 16 2022 // Lloyd’s of London has fined syndicate member Atrium Underwriters over one million pounds ($1.31 million) for bullying and harassment, the largest fine it has imposed for misconduct, the commercial insurance market...
Russia, Belarus Represent Less Than 1% of Business Transacted by Lloyd’s
Mar 15 2022 // Russia and Belarus represent less than 1% of business transacted by Lloyd’s of London, the commercial insurance market said, adding that it would look to curtail Russian exposure in several of its specialist...
Top Ship Certifier Lloyd’s Register Withdraws Services to Russia
Mar 11 2022 // Lloyd’s Register, one of the world’s top ship certifiers, is stopping services to Russia after sanctions were imposed on Moscow for its invasion of Ukraine, the company said on Thursday. Classification...
Mosaic to Buy Sirius Int’l Lloyd’s Managing Agency; SiriusPoint to Be Mosaic Investor
Mar 10 2022 // Mosaic Insurance has entered into an agreement to purchase the Lloyd’s managing agency of SiriusPoint as part of a transaction in which the global re/insurer will become a strategic investor in Mosaic. Under the...
UK to Ban Russian Companies From London Aviation Insurance Market
Mar 3 2022 // LONDON — Britain will ban Russian companies from the multi-billion dollar aviation and space insurance market in London, the world’s largest commercial and speciality insurance center, the finance ministry said on...
People Moves: Lloyd’s Names Gomez People Officer; McMillan Joins Brace Specialty From Canopius
Mar 2 2022 // Lloyd’s Names Gomez as Chief People Officer Lloyd’s of London has appointed Sara Gomez as chief people officer (CPO). As CPO, she will focus on developing Lloyd’s talent, leadership and inclusion...
