Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Dale Partners Receives ‘In-Principle’ Approval to Launch Lloyd’s Managing Agency
Sep 16 2021 // Dale Partners Ltd., the London-based holding company of Dale Underwriting Partners (DUP), has been granted “in-principle” approval by Lloyd’s to form its own managing agency. The new entity, Dale Managing...
Lloyd’s Reports H1 2021 Profit of £1.4B ($1.9B), with 92.2% Combined Ratio
Sep 9 2021 // Lloyd’s of London reported pre-tax profit of £1.4 billion (US$1.9 billion) for the first half of 2021, compared to a £400 million (US$550.8 million) loss during H1 2020. The market’s profit was driven by a...
People Moves: Aon Reinsurance Appoints 6; TigerRisk Hires Edwards from Lloyd’s; Nexus Names Tan Head of Treaty; Riveros to AXIS Re for Credit & Surety
Aug 23 2021 // This edition of International People Moves details reinsurance-related appointments at two brokers: Aon Reinsurance Solutions and TigerRisk as well as MGA Nexus and AXIS Re. A summary of these new hires follows here. Aon...
Blenheim Underwriting Launches Lloyd’s Managing Agency
Aug 10 2021 // Blenheim Underwriting Ltd. announced it has received final approval and the necessary permissions from UK regulators and Lloyd’s to act as a managing agency for Syndicate 5886. The effective date of transfer of...
Lloyd’s Selects 11 Start-Ups for Innovation Lab Accelerator
Aug 9 2021 // Flood loss estimates, secure private messaging, money laundering detection and severe weather parametrics are the objectives of a few in a group of startups chosen by Lloyd’s of London for its latest Lloyd’s...
Lloyd’s Plans Insurance for Electric Vehicles, Hydrogen Fuel, in Climate Change Fight
Jul 29 2021 // Lloyd’s of London plans to develop insurance products for electric vehicles and hydrogen as part of its efforts to fight climate change, the specialist insurance market said on Thursday. Lloyd’s published a...
Lloyd’s Council Appoints Guy Carpenter’s Carter as 1st Female Deputy Chair
Jul 23 2021 // Lloyd’s announced the appointment of Vicky Carter as deputy chair of Lloyd’s, effective Sept. 1, 2021. Carter has been an elected member of Lloyd’s Council since February 2019 and has worked in the...
Medical & Commercial International Gets ‘In-Principle’ Nod to Form Lloyd’s Syndicate
Jul 21 2021 // edical & Commercial International (MCI), the specialist managing general agency, has received “in-principle” approval from Lloyd’s for Syndicate 1902 to underwrite business incepting on or after Jan....
Africa Specialty Risks Secures $10M of PVT Capacity from Atrium at Lloyd’s
Jul 20 2021 // Africa Specialty Risks (ASR), the pan-African focused reinsurance managing general agent, announced it has secured an additional $10 million in capacity for its Political Violence and Terrorism (PVT) division from...
Apollo Gets ‘In-Principle’ Approval from Lloyd’s to Create Standalone Syndicate 1971
Jul 15 2021 // Apollo Syndicate Management, the London-based independent specialist insurer and reinsurer, announced it has been granted in-principle approval from the Council of Lloyd’s to convert Special Purpose Arrangement (SPA)...
MGA Rokstone Launches US$18M Marine Cargo Facility, Hiring Lloyd’s Veteran Birchard
Jul 6 2021 // Rokstone, the London-based speciality re/insurance managing general agent (MGA), has launched a US$18 million global facultative general marine cargo facility. Backed by A-rated global carriers, the facility includes US$5...
Chaucer Forms Lloyd’s Consortium for Firms Working on China’s Belt & Road Initiative
Jun 24 2021 // Chaucer, the London-based specialty re/insurance group, announced the launch of a new Belt and Road Consortium at Lloyd’s, which initially will underwrite political violence risks, with future solutions in...
CFC Underwriting’s Lloyd’s Syndicate Opens for Trading
Jun 21 2021 // CFC, the London-based managing general agent, announced that CFC Syndicate 1988 is open for business. In addition to risk capital provided by CFC, the syndicate worked with Aon Capital Advisory to attract third-party...
8 Reinsurers Provide $897M Cover for Lloyd’s Central Fund with Aon as Placing Broker
Jun 21 2021 // Lloyd’s announced the marketplace has secured a five-year £650 million ($897 million) reinsurance cover for its Central Fund—a move that aims to protect against adverse tail risk, while supporting growth and...
Climate Change Protesters Set Off Stink Bomb at Lloyd’s of London in Ongoing Activism
Jun 2 2021 // Climate change protesters continued their focus on Lloyd’s as a major insurer of the fossil fuel industry by setting off a stink bomb in front of the market’s London headquarters. The activist group, Insurance...
Lloyd’s, London Insurers Form Joint Venture with DXC to Transform Digital Processing
May 27 2021 // Lloyd’s and insurers in the London company market have formed a joint venture with DXC Technology, aiming to transform digital capabilities and reduce processing costs for the London insurance markets. The joint...
Anderson Benson of Tenn. Appointed Lloyd’s Coverholder for Media Liability E&O Program
May 20 2021 // Anderson Benson, a Nashville-based independent insurance and risk management broker, has been appointed as a coverholder by Lloyd’s of London for a worldwide media liability errors and omissions (E&O) program...
Medical Protection Society Receives Approval to Form Full Lloyd’s Syndicate
May 18 2021 // Asta, the third-party managing agent at Lloyd’s, announced it has received “in principle” approval from the Lloyd’s Council for the transition of the Medical Protection Society’s (MPS) Special...
CFC to Launch Lloyd’s Syndicate with Asta as Manager
Apr 30 2021 // LONDON — Specialty insurance underwriter CFC reported that Lloyd’s of London has given preliminary approval to the creation of CFC Syndicate 1988. The new syndicate will be managed by Asta Managing Agency Ltd. CFC...
Climate Change Activists Protest at Lloyd’s of London, Dumping a Load of ‘Coal’
Apr 23 2021 // Lloyd’s of London was the focus of climate change activists on Friday, when a group called “Insurance Rebellion” used a dump truck to deposit a large pile of fake coal in front of the Lloyd’s...
