Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Best Withdraws Danish Re Lloyd’s Syndicate Ratings
Jan 27 2004 // A.M. Best Co. announced that it has withdrawn the Best’s Syndicate Rating of “A-” (Excellent) of Lloyd’s Syndicate 1400, which is managed by Danish Re Syndicates Ltd., and assigned it an NR-4...
Terms of Credit History Use Still Being Negotiated
Jan 26 2004 // The Texas Department of Insurance held a public hearing Jan. 7, 2004 to consider a proposal that would cap the amount by which insurance companies could increase or decrease rates in personal lines insurance because of an...
Texas P/C and Lloyd’s Premium – 2002
Jan 26 2004 // The Texas Department of Insurance submitted its 128th Annual Report to the Texas Governor and Legislature in November 2003. The information provided in the tables below are taken from that report. The first shows premium...
Lloyd’s Syndicate 2001 Assigned
Jan 26 2004 // A.M. Best Co. assigned a Best’s Syndicate Rating of “A” (excellent) to Lloyd’s Syndicate 2001, which is managed by Amlin Underwriting Ltd. The outlook is stable. The rating reflects the...
CII Seeks to Improve London Market Competence
Jan 23 2004 // The U.K.’s Chartered Insurance Institute (CII) has signaled its determination to assist the London Market in its efforts to improve standards, by adding a bank of sector specific questions to its insurance ASSESS...
Lloyd’s Announces Council Election Results
Jan 21 2004 // Lloyd’s announced the election of five members to its governing council, the body that has ultimate responsibility for directing and controlling the Lloyd’s market. All the appointments are for a term of three...
Toby Davies New Head of Lloyd’s Kinnect
Jan 20 2004 // Lloyd’s announced that Ashok Gupta, the current CEO of Kinnect, Lloyd’s IT interface solution to transfer data from systems used by brokers to those used by underwriters, is to leave the Lloyd’s...
Steven Burns to Join Lloyd’s Franchise Board
Jan 16 2004 // Lloyd’s announced the appointment of Steven Burns, currently Chief Executive Officer of the Limit Group, as a non-executive member to its Franchise Board. He replaces Andrew Kendrick, who has moved to an overseas...
Lord Levene Stresses Lloyd’s Special Relationship with U.S.; 2004 Priorities
Jan 15 2004 // Speaking at a joint meeting of the Downtown Association and the Insurance Brokers Association of New York (IBANY)* yesterday, Lloyd’s Chairman, Lord Peter Levene, reminded his audience of the longstanding special...
Lloyd’s 2004 Capacity Nearly $27 Billion*
Jan 6 2004 // Lloyd’s CEO Nick Prettejohn announced that the market will have the capacity to underwrite £14.9 billion ($26.91 billion*) of business in 2004, equal to Lloyd’s year-end 2003 capacity figure. He said the 2004...
Best Affirms Ratings on Lloyd’s Syndicates 570, 609 and 382
Dec 19 2003 // A.M. Best Co. announced that it has affirmed the ‘A-‘ (Excellent) rating of Lloyd’s Syndicate 570 and the ‘A’ (Excellent) ratings of Syndicates 609 and 382. Syndicate 570 is managed by Atrium...
Amlin’s Lloyd’s Capacity to Remain at $1.75 Billion in 2004
Dec 18 2003 // British insurer Amlin Plc announced that regulatory underwriting capacity at its Lloyd’s Syndicate 2001 next year would remain the same as this year at £1billion ($1.75 billion). The insurer indicated the capacity...
Willis Places First Risk through Lloyd’s Kinnect
Dec 17 2003 // Lloyd’s announced that Kinnect, its new electronic risk placement system, is up and running, as international broker Willis passed the first risk through it yesterday. The Kinnect platform, originally called the...
Top 10 2003 Newsmakers
Dec 15 2003 // While less turbulent than 2001-2002, this year hasn’t exactly been a walk in the park. The industry continues to face intractable problems—a lack of capital strength, accompanied by accusations that it’s...
Industry People Making Moves in 2003
Dec 15 2003 // As you will probably notice from this list, it is not scientific, preferential, etc. We retraced news coverage of this past year and tried to come to an agreement on who made headlines. We likely left off a few...
Industry Says Good-bye to Familiar Faces
Dec 15 2003 // The insurance industry lost a number of familiar faces in 2003. Some were company presidents and CEOs; some may not have been as well known but were still instrumental in shaping the industry and its future. Insurance...
Top 10 2003 Newsmakers
Dec 15 2003 // While less turbulent than 2001-2002, this year hasn’t exactly been a walk in the park. The industry continues to face intractable problems—a lack of capital strength, accompanied by accusations that it’s...
Industry Says Good-bye to Familiar Faces
Dec 15 2003 // The insurance industry lost a number of familiar faces in 2003. Some were company presidents and CEOs; some may not have been as well known but were still instrumental in shaping the industry and its future. Insurance...
Industry People Making Moves in 2003
Dec 15 2003 // As you will probably notice from this list, it is not scientific, preferential, etc. We retraced news coverage of this past year and tried to come to an agreement on who made headlines. We likely left off a few...
Best Assigns ‘A’ Rating to Lloyd’s Syndicate 2001
Dec 12 2003 // A.M. Best Co. announced that it has assigned a Best’s Syndicate Rating of ‘A’ (Excellent) with a stable outlook to Lloyd’s Syndicate 2001, which is managed by Amlin Underwriting Limited. “The...
