Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Lloyd’s Launches 2nd Protected Cell Company to Provide Greater Flexibility for Investors
Aug 8 2022 // Lloyd’s announced it has received regulatory approval to set up a second protected cell company (PCC), which aims to enhance market accessibility for investors – a key deliverable of the Future at Lloyd’s...
Lloyd’s Insurer Hiscox to Provide Insurance for Ukraine Grain Shipments
Aug 3 2022 // Hiscox is committed to a planned insurance consortium providing cover for ships traveling through a safe passage from Ukraine, its chief executive said on Wednesday, as the Lloyd’s of London insurer shares plunged on...
Lloyd’s of London’s Ascot, Marsh Provide Insurance for Ukraine Sea Corridor
Jul 29 2022 // Lloyd’s of London insurer Ascot and broker Marsh on Friday launched marine cargo and war insurance for grain and food products moving from Ukrainian Black Sea ports, removing a hurdle to getting shipments underway....
Lloyd’s Insurers Preparing to Cover Ukraine Grain
Jul 27 2022 // Lloyd’s of London insurers and brokers are preparing to provide cover for grain shipments from Ukraine and are likely to announce their plans shortly, the commercial insurance market’s chairman said on...
One-Quarter of Firms Operating at Lloyd’s Reach 35% Target for Women Leaders
Jul 26 2022 // A quarter of firms operating at Lloyd’s of London have reached the commercial insurance market’s target for 35% of leaders to be women, though progress on diversity was “incremental,” Lloyd’s...
People Moves: AXA XL Names Ensurance’s Burgess as U/W, Construction, UK & Lloyd’s; Aon strengthens M&A and Transaction Team With 3 Hires
Jul 25 2022 // This edition of International People Moves details appointments at AXA XL and Aon. A summary of these new hires follows here. AXA XL Names Ensurance’s Burgess as Sr. U/W, Construction, UK & Lloyd’s AXA XL...
Professional Services Firm Davies Completes Acquisition of Asta at Lloyd’s
Jul 18 2022 // Davies, the London-based specialist professional services and technology business, announced it has completed the acquisition of Asta Capital, the third-party managing agent at Lloyd’s, following receipt of...
Lloyd’s Prefers to Stay in Landmark London Headquarters, With the Right Terms
Jul 11 2022 // Lloyd’s has decided to stay in its landmark headquarters building at One Lime Street in London – as long as it receives acceptable terms for the renewal of its lease. In January, the market reportedly was...
People Moves: Lloyd’s Europe Hires Heugues From Ageas as Chief Underwriter; Parsyl Staffs London Marine Cargo Office
Jul 8 2022 // Lloyd’s Europe reports the appointment of Bertrand Heugues as chief underwriting officer effective 14 July. He will be responsible for overseeing underwriting, delegated authority management, claims and the...
Markets/Coverages: Lloyd’s Insurer Probitas Starts Underwriting Cyber
Jul 7 2022 // Probitas 1492, the Lloyd’s insurer, has started underwriting cyber insurance with Richard Taylor, head of Cyber & Technology, focusing the book of business on complex small-and-medium-sized enterprises (SME), up...
The Ingredients Needed to Perfect the GSI Recipe in the Lloyd’s Market
Jun 20 2022 // Thirty years ago, when you baked a cake for a kid’s birthday party, it was most likely from a box — just add oil, water, and maybe an egg. No heavy lifting required. But times, and people, have changed. Today,...
People Moves: Postlewhite Departs QBE Re; Lloyd’s Reappoints Chairman Carnegie-Brown; Liberty Specialty Appoints Pavie in France
Jun 17 2022 // QBE Re Reports Departure of Postlewhite QBE announced that Steve Postlewhite, managing director QBE Re, is leaving the company following a four-year tenure. QBE gave no reason for what it said was Postlewhite’s...
Lloyd’s Broker Servca Launches Malta Office to Spearhead European Expansion
Jun 16 2022 // Servca, the independent Lloyd’s broker that specializes in non-standard medical, financial and professional lines insurance, announced the opening of an office in Malta to spearhead the expansion of its European...
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...
