Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Lloyd’s CEO Warns Insurance Policies’ Continuity at Risk Under Brexit
Mar 21 2018 // Lloyd’s of London Chief Executive Officer Inga Beale said insurance contracts across Europe will remain at risk unless there’s an agreement on how they should be treated in post-Brexit Europe. “Regulators...
Pembroke Managing Agency Gets Nod to Manage Lloyd’s Syndicate for India’s GIC Re
Mar 21 2018 // Pembroke Managing Agency Ltd., the London-based subsidiary of Ironshore, has been granted approval by Lloyd’s to establish and manage a syndicate for India’s GIC Re. GIC Syndicate 1947 has been granted...
Lloyd’s Appoints Black as Northeast Region Market Development Lead
Mar 20 2018 // Lloyd’s, a global specialist insurance and reinsurance market, has appointed Dawnmarie Black as the market development lead for Lloyd’s Northeast region. She will be based in the Boston, Mass., area in her new...
Lloyd’s Broker Endeavour Taps Bloodstock Specialist Stonehatch as Appointed Rep
Mar 16 2018 // Delegated authority specialist and Lloyd’s broker Endeavour Insurance Services announced that niche broker Stonehatch Risk Solutions has become an appointed representative of the company. Based in London, Stonehatch...
Castel Bloodstock Secures New Binder with Lloyd’s Capacity
Mar 8 2018 // Castel Bloodstock has secured a new binder with Lloyd’s capacity, provided by Canopius Syndicate 4444 and AEGIS Syndicate 1225. The new capacity supports a bloodstock account focusing on high value thoroughbred,...
AEGIS London Appoints Trudeau from Crawford & Co. to Manage Canadian Claims
Mar 7 2018 // Carrie Trudeau has been hired by Lloyd’s managing agent AEGIS London to manage claims notified by its Canadian coverholders. Based in Toronto, Trudeau will focus on strengthening relationships with London market...
Y-Risk Approved as Lloyd’s Coverholder for Cyber, Technology E&O Product
Mar 7 2018 // Y-Risk, LLC, a specialty underwriting management company, has been approved as a Lloyd’s coverholder with authority for cyber and technology E&O insurance on behalf of certain Lloyd’s syndicates. Y-Risk is...
Christian Named Aon Benfield’s Global Chairman; Page Promoted to CEO of Aon UK
Mar 1 2018 // Aon plc announced that Dominic Christian has been appointed as global chairman of Aon Benfield. At the same time, Julie Page has been promoted to chief executive officer of Aon UK Ltd., subject to regulatory approval. Most...
Hamilton at Lloyd’s Reorganizes Underwriting Team
Feb 20 2018 // Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, announced the details of a reorganization of its underwriting team. Pending...
Lloyd’s Market Association Launches Claims Development Training Tool
Feb 20 2018 // The Lloyd’s Market Association (LMA) has launched the Claims Development Pathway, an interactive training and development tool that will provide support to claims professionals in the Lloyd’s market, at every...
Brit Expands Capacity for Bermuda Sidecar Versutus & Lloyd’s Syndicate 2988
Feb 15 2018 // London-based Brit Ltd. has renewed and expanded the collateralized reinsurance capacity provided by its Bermuda domiciled sidecar, Versutus Ltd., in support of Brit’s property catastrophe portfolio for 2018. Marking...
ArgoGlobal Launches Lloyd’s Market Motor Treaty Consortium, Supported by Barbican
Feb 12 2018 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the launch of the first Lloyd’s market consortium for motor treaty business. The consortium, led by ArgoGlobal and supported by Barbican...
London Market Single Claims Agreement Launched to Improve Claims Handling
Feb 1 2018 // The London market has launched a simplified system for claims handling in an effort to improve client service and streamline claims agreement across the London market. The Single Claims Agreement is designed “to...
Insurers Begin to Offer Cryptocurrency Theft Cover, Tackling Risks of Growing Sector
Feb 1 2018 // Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than miss out on this volatile and loosely regulated, but rapidly growing...
Lloyd’s Market Association to Offer International Courses, Technical Programs
Jan 31 2018 // The Lloyd’s Market Association Academy (LMA Academy) announced that, starting in March, it will begin offering a range of technical programs and courses internationally. The expansion builds on the success of the...
Bloomberg Interview with Lloyd’s CEO Beale in Davos: Economic Outlook, Asia Growth, Cyber, Brexit and More
Jan 26 2018 // Lloyd’s of London, the world’s oldest insurance market, is experiencing year-on-year growth of 100 percent in some of its Asian markets, where growing economies are fueling demand for cover from the...
$19 Billion in Potential Losses from Cloud Services Failure Mostly Uninsured: Lloyd’s, AIR
Jan 23 2018 // A cyber problem that temporary shuts down a top U.S. cloud computing provider could trigger as much as $19 billion in business losses, only a fraction of which would be insured, Lloyd’s of London said in a report on...
AXIS Capital Aligns Lloyd’s Agency Platforms After Its Acquisition of Novae
Jan 9 2018 // AXIS Capital Holdings Ltd. announced it has received authorization from Lloyd’s for AXIS Managing Agency Ltd. to commence the management and oversight of Novae Syndicate 2007 and SPS 6129 after its acquisition of...
Ironshore’s Pembroke Agency & GIC Re Get Nod from Lloyd’s to Form Syndicate
Dec 21 2017 // Ironshore Inc. announced that its Pembroke Managing Agency has been granted “in principle” approval by the Lloyd’s Franchise Board to create GIC Re’s syndicate at Lloyd’s. “The...
Hamilton Finds Buyer for Sportscover Legacy Book
Dec 21 2017 // Hamilton Insurance Group has found a buyer for the legacy book the insurer inherited from its purchase of Sportscover Underwriting Ltd. in April 2015. Syndicate 3330 will buy the business from Hamilton Underwriting...
