UK Regulators Approve Lloyd’s Special Purpose Vehicle to Attract New Forms of Capital January 14, 2021 Lloyd’s announced it has received regulatory approval to set up a new multi-insurance special purpose vehicle, which aims to attract...
Report: Despite Pandemic-Driven Emission Redux, We’re Headed to 3-Degrees Warming December 17, 2020 By Don Jergler A new report finds that despite a brief dip in carbon dioxide emissions caused by the pandemic, the world is...
Lloyd’s Moves to End Insurance and Investments in Coal for Climate Sustainability December 17, 2020 By L.S. Howard The Lloyd’s market is moving to end its insurance of coal and oil sands businesses while at the same time...
First Coronavirus Business Interruption Trial Gets Underway December 17, 2020 By Jef Feeley and Katherine Chiglinsky The owners of a restaurant in the heart of the New Orleans French Quarter are asking a Louisiana judge to...
Lloyd’s, Insurtech Parsyl Launch Insurance Facility for COVID-19 Vaccine Shipments December 15, 2020 Lloyd’s and insurtech start-up Parsyl Inc. announced the launch of the Global Health Risk Facility (GHRF), which will provide billions...
Record Return of Merger Activity Leads to Massive Growth in M&A Insurance Market December 11, 2020 By Carolyn Cohn LONDON – A record rebound in merger activity this year and a rise in litigation has brought with it an...
How to Address the Next Uninsurable Pandemic — A Black Swan Event December 9, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson There aren’t many contexts where $2 trillion seems like a paltry sum. Then a pandemic comes along. The economic fallout...
Arch Insurance International Renames Barbican Syndicate 1955 December 9, 2020 Arch Insurance International has announced the change of name of Barbican Syndicate 1955 to Arch Syndicate 1955, with effect from...
New Insurance Group Inigo Gets Approval from Lloyd’s to Start Underwriting in January December 3, 2020 Inigo Ltd., the new London insurance group that has raised $800m in start-up capital from a group of blue chip...
Lloyd’s Gets Nod to Transfer European Policies to Lloyd’s Europe in Time for Brexit November 30, 2020 Lloyd’s, the world’s leading insurance and reinsurance market, has received final approval from the High Court of England and Wales...