Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
A Year Later, Industry Takes Stock of Itself
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever. Not only were there thousands of lives lost and injured, but many more...
Lloyd’s Chairman, Deputy Comment on Reforms Consultation
Aug 30 2002 // Lloyd’s issued a bulletin yesterday commenting on the responses to its far-reaching reform proposals, indicating that their final form, which is scheduled to be voted on Sept. 12, will better reflect the consensus of...
A.M. Best Affirms Lloyd’s ‘A-‘ (Excellent) Ratings
Aug 28 2002 // A.M. Best announced that it has affirmed the financial strength rating of A- (Excellent) of the Lloyd’s market with a stable outlook. “The affirmation reflects Lloyd’s excellent business profile,...
Lloyd’s Hardy Underwriting to Boost Capacity for 2003
Aug 7 2002 // A.M. Best reported that one of Lloyd’s managing agencys, Hardy Underwriting Group plc, has been approved to increase the underwriting capacity of its syndicate 382 to 100 million pounds ($1 = 0.64 pounds) for the...
Lloyd’s Syndicate Rated ‘A’
Aug 5 2002 // A.M. Best has given Lloyd’s syndicates 1003 and 2003—known as syndicate 1003/2003 (the syndicate)—a syndicate rating of “A.” The ratings of syndicate 1003/2003 are based on excellent operating...
LLOYD’S UNVEILS AGENDA FOR REFORM
Aug 5 2002 // Lloyd’s of London has published proposals for reform that will transform it into a modern, transparent and profitable marketplace. In a 56-page consultation document, which goes out to some 16,000 businesses and...
LLOYD’S UNVEILS AGENDA FOR REFORM
Aug 5 2002 // Lloyd’s of London has published proposals for reform that will transform it into a modern, transparent and profitable marketplace. In a 56-page consultation document, which goes out to some 16,000 businesses and...
Lloyd’s Syndicate Rated ‘A’
Aug 5 2002 // A.M. Best has given Lloyd’s syndicates 1003 and 2003—known as syndicate 1003/2003 (the syndicate)—a syndicate rating of “A.” The ratings of syndicate 1003/2003 are based on excellent operating...
Lloyd’s Syndicate Rated ‘A’
Aug 5 2002 // A.M. Best has given Lloyd’s syndicates 1003 and 2003—known as syndicate 1003/2003 (the syndicate)—a syndicate rating of “A.” The ratings of syndicate 1003/2003 are based on excellent operating...
Capital Push Triggers Mid-Year Growth for Lloyd’s
Aug 1 2002 // Demand to put new capital into Lloyd’s of London is triggering one of the London- based insurance market’s most significant periods of mid-year growth. Speaking in Canada last weekend, Lloyd’s Director of...
No Fraud Found in Lloyd’s Recruitment of Investors
Jul 31 2002 // A London appeals court reportedly dismissed allegations of fraud against Lloyd’s insurance market, which had been charged by dissatisfied members, or Names, with deceiving them into investing in Lloyd’s...
Reform Plan in the Works for Lloyd’s
Jul 17 2002 // The world’s oldest underwriter, Lloyd’s of London, announced its intention to unveil final details of a plan to modernize the world’s oldest insurance market. According to Reuters, however, those plans...
LLOYD’S OF LONDON NAMES NEW CHAIRMAN:
Jul 8 2002 // The next chairman of the Lloyd’s of London insurance market was named as Lord Levene of Portsoken. He is presently vice chairman of Deutsche Bank London. Lord Levene will be the first chairman of Lloyd’s in its...
Surplus Lines and the Lloyd’s Market
Jul 8 2002 // Lloyd’s of London is perhaps the most well- known insurer in the U.S., not only due to its 300 years of existence, but also because this country is the London market’s biggest customer, accounting for over 35...
For Lloyd’s, Continued Growth Expected in Surplus Linese
Jul 8 2002 // Lloyd’s of London is perhaps the most well known insurer in the U.S., not only due to its 300 years of existence, but also because this country is the London market’s biggest customer, accounting for over 35...
Swiss Re Sigma Study Examines London Market
Jul 5 2002 // A New Swiss Re Sigma report examines the state of the London Market, describing the effects of the sweeping changes that have occurred over the last decade, the ongoing consolidations, the market’s continuing...
National Indemnity Commits $72 Million to Lloyd’s Euclidian
Jul 4 2002 // National Indemnity, a subsidiary of Berkshire Hathaway, has concluded an agreement with Lloyd’s Euclidian Syndicate 1243 to provide £ 50 million ($76 million) in financing on a whole account qualified quota share...
National Indemnity Commits $72 Million to Lloyd’s Euclidian
Jul 4 2002 // National Indemnity, a subsidiary of Berkshire Hathaway, has concluded an agreement with Lloyd’s Euclidian Syndicate 1243 to provide £ 50 million ($76 million) in financing on a whole account qualified quota share...
Lloyd’s Panel Cites Information Flow As Biggest Challenge
Jun 26 2002 // The hard market is having a serious effect on information processing according to a panel of experts established to discuss market conditions by Lloyd’s. Lloyd’s announcement indicated that a number of...
Lloyd’s Sponsored Report Faults Risk-Averse Culture
Jun 19 2002 // A major study by U.K. think-tank Global Futures, sponsored by Lloyd’s of London and the Association of Insurance and Risk Managers (AIRMIC), suggests that following the Sept. 11 attacks a “risk-averse”...
