Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
The Courage to Compete
May 21 2007 // In 1968 when the Maurice “Hank” Greenberg took over what was to become American International Group (AIG), it was an insurance agency selling other insurers’ policies around the globe. Within years, AIG...
News Currents
May 21 2007 // Lloyd’s and Economist Intelligence Unit report warns of threats from political violence Global business leaders report they are increasingly concerned about risk; prevents some from investing overseas A new report...
S&P Raises Rating on Lloyd’s Advent Syndicate 0780; Outlook Positive
May 15 2007 // Standard & Poor’s Ratings Services has raised its Lloyd’s Syndicate Assessment (LSA) on Advent Underwriting – Syndicate 0780 to “2” from “2-” with a positive...
Lloyd’s Still Insures Body Parts: ‘Ugly Betty’s Smile’ Worth $10 Million
May 14 2007 // It’s somehow comforting to learn that for all of its recent commitments to “underwriting discipline,” “the bottom line” and electronic trading, Lloyd’s still takes on the odd – not...
Lloyd’s Report Warns of Threats from ‘Political Violence’
May 10 2007 // A new report from Lloyd’s and the Economist Intelligence Unit (EIU) has found that global businesses are becoming increasingly concerned about risks from political violence. However, too little has been done to...
Business Moves
May 7 2007 // Biron Agency Jane Biron Siviski has reactivated her former exclusive bond-only agency in Newington, Conn. Biron Siviski, owner of The J. Biron Agency Inc., announced that her company has separated from Sinclair Insurance...
Business Moves
May 7 2007 // Engle Martin, LMS Engle Martin & Associates, Inc., an Atlanta-based multi-line insurance claims administration and adjusting company, has acquired the specialty fraternal and not-for-profit services of Litigation...
Brit Sells Majority Stake in RI3K to London Investors
May 4 2007 // If you build a better insurance trading platform, the world will beat a path to your door. Well, maybe not the world, but a group of sophisticated investors from “the City” (London’s financial heart) came...
Lloyd’s Testing Slip/Policy Quality Check Program
May 1 2007 // In its search for ways to “make it easier for underwriters and brokers to ensure that insurance contracts are right first time,” Lloyd’s has begun testing a new system that will check insurance slips...
Dowell / IAS Announce A New Marketing Alliance
Apr 27 2007 // New Jersey based Dowell Insurance Agency, Inc., and Integrated Assurance Solutions (Dowell / IAS) announce a new marketing alliance whereby Dowell /IAS will be a Lloyd’s Coverholder for the Jewelry and Fine Arts and...
Haasz to Leave Lloyd’s
Apr 26 2007 // Steven Haasz, Lloyd’s Director of market infrastructure & program management, will be leaving in July to join Prudential UK as Managing Director- Wholesale for the UK. He joins a small, but select group of...
S&P Upgrades Lloyd’s Ratings to ‘A+’
Apr 24 2007 // Not so long ago it was beginning to look like “A” ratings were an endangered species. However, after a lot of belt tightening (and a benign year for nat cats in 2006), the rating agencies have been raising,...
Lloyd’s posts more than $7 billon in record pre-tax profit
Apr 23 2007 // What a difference a year makes. On March 29, Lloyd’s announced pretax profits for 2006 of $7.2 billion compared to the $202 million loss it posted in 2005. Lloyd’s also achieved an extremely good combined ratio...
News Currents
Apr 23 2007 // Lloyd’s posts more than $7 billion in record pre-tax profit What a difference a year makes. On March 29, Lloyd’s announced pretax profits for 2006 of $7.2 billion compared to the $202 million loss it posted in...
Sellek Named as Managing Director for Best Europe
Apr 20 2007 // A.M. Best Co. announced that Roger Sellek will be joining the rating agency as Managing Director – Global Financial Services for A.M. Best Europe in early May. He will work from Best’s London offices and will...
Catlin Details Participation in LRCCL
Apr 18 2007 // A bulletin from the Bermuda-based Catlin Group Limited, whose operating companies also do business from the UK, the U.S. and Lloyd’s, notes that its Lloyd’s Syndicate 2003 “is one of the inaugural...
Lloyd’s China Re Officially Opens
Apr 17 2007 // Lloyd’s announced the official opening of its Chinese reinsurance operations (See IJ web site April 3 and April 25, 2006) at a ceremony attended by “a host of dignitaries,” including Lloyd’s...
Two charged in bicoastal restaurant insurance brokerage scam
Apr 9 2007 // A Canadian man has been extradited to the United States to face trial on charges that he swindled $7 million from the victims of a fraudulent commercial insurance policy scheme, Acting New York Insurance Superintendent...
Two charged in bicoastal restaurant insurance brokerage scheme
Apr 9 2007 // A Canadian man has been extradited to the U.S. to face trial on charges that he swindled $7 million from the victims of a fraudulent commercial insurance policy scheme, according to Acting New York Insurance Superintendent...
News Currents
Apr 9 2007 // Two charged in bicoastal restaurant insurance brokerage scheme A Canadian man has been extradited to the U.S. to face trial on charges that he swindled $7 million from the victims of a fraudulent commercial insurance...
