Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Lloyd’s Market Association & Lloyd’s Issue Policy Documents in Preparation for Brexit
Sep 19 2018 // A new suite of policy documentation, to support the underwriting of risks from the European Economic Area by Lloyd’s Brussels, has been published. The new documents were prepared by the Lloyd’s Market...
Lloyd’s Modernization Plans Move Full-Steam Ahead
Sep 17 2018 // From Electronic Placing to Artificial Intelligence: Lloyd’s America CEO Earlier this year, this reporter was walking on Lime Street, the home of Lloyd’s of London, dodging raindrops. She observed a broker,...
Expect a Very Different Looking Lloyd’s Workspace In a Few Years: Beale
Sep 10 2018 // Lloyd’s of London’s historic base on Lime Street is heading for a radical makeover, with more focus on shared, collaborative spaces along the lines of a WeWork Cos. office, according to its outgoing...
Former QBE Group CEO Neal Appointed as Lloyd’s CEO, Succeeding Beale
Sep 7 2018 // John Neal has been appointed as the chief executive officer of Lloyd’s following a meeting of the Council of Lloyd’s, where his appointment as successor to Inga Beale was approved unanimously. Neal will take up...
Lloyd’s Commercial Officer Vandendael to Exit Lloyd’s to Take Executive Role at Everest
Aug 31 2018 // Lloyd’s announced that its chief commercial officer, Vincent Vandendael, has decided to leave the corporation after almost six years. He will be moving to Everest Insurance as CEO of International Insurance in early...
Lloyd’s Provides Insurance for Cryptocurrency Storage
Aug 28 2018 // Kingdom Trust, a company that stores digital currency for investors, has secured insurance coverage through Lloyd’s of London to protect against theft and destruction of those assets, the company said on Tuesday. The...
Lloyd’s Market Assn. Appoints Navigators’ Cameron as CEO, Succeeding Gittings
Aug 28 2018 // Sheila Cameron, currently head of International Operations at Navigators Underwriting Ltd., is to become the next CEO of the Lloyd’s Market Association (LMA), following the announcement that David Gittings will be...
Venture Capital Firm, Beat Capital, to Merge with Insurer Investment Vehicle Paraline UK
Aug 23 2018 // Venture capital firm Beat Capital Partners and insurance investment vehicle Paraline UK announced they plan to merge – in a move that is designed “to enhance and further build Beat’s platform to support...
StarStone Launches Casualty Consortium for Australia, New Zealand Markets
Aug 15 2018 // StarStone, the global specialty insurer, has launched a casualty consortium targeted at the Australian and New Zealand markets. The consortium is led by StarStone’s Mark Hunt and has begun underwriting...
Extraordinary Re’s Extraordinary Idea for Trading Insurance Risks Like Stocks
Aug 15 2018 // Imagine there’s a way for institutional investors to trade insurance risks much like they trade stocks. Well, imagine no more. A new and unique reinsurer, Extraordinary Re, has hit upon the novel idea of creating a...
Aspen’s Restructuring Continues – To Improve Results, Preserve Shareholder Value
Aug 7 2018 // The chief executive of Aspen Insurance Holdings Limited described business changes to Aspen’s Lloyd’s insurance book last week, while neither unequivocally confirming or denying rumors that a deal to sell the...
Nephila Gets In-Principle Approval From Lloyd’s to Form Managing Agency
Aug 7 2018 // Bermuda-based Nephila Capital announced that the Lloyd’s Board (previously called the Franchise Board) has given in principle approval to Nephila’s plan to form its own managing agency, subject to regulatory...
As Underwriting Pain Increases, Insurers Pull Back from Underperforming Lines
Aug 6 2018 // News that Lloyd’s is undergoing a strategic review of its operations may be part of a larger industrywide phenomenon—reality is setting in and underwriting pain is increasing, an industry executive said last...
Beazley Launches Consortium at Lloyd’s for Wage & Hour Risks
Aug 1 2018 // Beazley has launched a new consortium at Lloyd’s to bring increased capacity for wage & hour risks, expanding the choices available to U.S. organizations. Building on Beazley’s experience in employment...
Lloyd’s Conducts Business Review in Wake of 2017’s $2.6 Billion Loss: Sources
Jul 31 2018 // Lloyd’s of London is reviewing all aspects of its business, including its centuries-old structure, to ensure it is cost-competitive and responsive to both clients and members, especially after Britain leaves the EU,...
UK Faces ‘Abject Future’ After Brexit, Warns Former Lloyd’s Chairman
Jul 24 2018 // The U.K. is facing a grim future after Brexit because of the failure of the its politicians to govern responsibly, the former chairman of insurance market Lloyd’s of London wrote in a letter to the Financial...
Did Big Data Enable Lloyd’s to Predict France’s World Cup Win? Well, Maybe…
Jul 16 2018 // Ahead of the recent World Cup in Russia, Lloyd’s of London predicted that France would be victorious. And victorious they were – with a 4-2 win against Croatia on Sunday. Interestingly, Lloyd’s also predicted...
U.S. Sanctions Likely to Ban Use of Lloyd’s IT Platform for Processing Iran Insurance
Jul 16 2018 // New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country. European insurers, reinsurers,...
Lloyd’s Launches Digital Distribution Platform Called ‘Lloyd’s Bridge’
Jul 11 2018 // Lloyd’s, the specialist insurance and reinsurance market, has launched a digital distribution platform – Lloyd’s Bridge – designed to quickly, easily and efficiently connect insurance businesses and...
Lloyd’s Broker Endeavour Appoints Allen from Howden as CEO Designate
Jul 10 2018 // Lloyd’s broker and delegated authority specialist Endeavour Insurance Services announced that Karen Allen is to be appointed CEO designate of Endeavour, and will join the business in October 2018. Allen has spent her...
