Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Climate change, reinsurance and Lloyd’s made worldwide headlines in 2006
Dec 25 2006 // Climate change or global warming is the 800-pound gorilla in the insurance industry. More reports this year added to the growing body of evidence that the planet is heating up, and potential disasters on a global scale are...
Lloyd’s Insurers Boost U.S. Presence
Dec 25 2006 // They’ve long had the expertise. Now they have the money and the technology to go with it. A number of U.K. insurers, who started at Lloyd’s, continued to expand their U.S. presence in 2006, mainly in the...
4. Lloyd’s Insurers Boost U.S. Presence
Dec 24 2006 // They’ve long had the expertise. Now they have the money and the technology to go with it. A number of U.K. insurers, who started at Lloyd’s, continued to expand their U.S. presence in 2006, mainly in the...
2006:a big year for P&C buyers and sellers of all shapes and sizes
Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
Climate change, reinsurance and Lloyd’s
Dec 24 2006 // N1 36 Poizner poised to lead Insurers hope for friendlier climate 40 Electronically stored information Agents must heed new rules 10 Calif.’s uninsured motorists
Top Stories of the Year – International
Dec 24 2006 // 2. Changing Reinsurance Rules In March, Lloyd’s Chairman Lord Peter Levene finally got the attention of U.S. regulators. At a meeting in Florida, the National Association of Insurance Commissioners agreed to set up a...
Best Affirms Amlin’s Lloyd’s Syndicate 2001 ‘A’, ‘a+’ Ratings
Dec 22 2006 // A.M. Best Co. has affirmed its Syndicate Rating of “A” (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 2001, which is managed by Amlin Underwriting Limited (AUL). Best...
Lloyd’s Insures Famous Santa’s Beard
Dec 20 2006 // Lloyd’s may have become a lot more focused on technology, underwriting discipline and the bottom line in recent years, but that doesn’t mean it’s been neglecting its tradition of writing innovative and...
Lloyd’s Stresses Commitment to Goals of Three-year Plan
Dec 15 2006 // In his introduction to the latest progress report on Lloyd’s three-year plan, CEO Richard Ward noted that the current version “builds on the 2006-2008 plan issued in January. It includes our vision and...
New Report from Benfield Sees Lloyd’s ‘Venturing Forward’
Dec 12 2006 // A report from international broker Benfield’s Industry Analysis and Research team entitled “Venturing Forward,” notes that Lloyd’s focus “has turned firmly forward” following the...
Best Affirms Beazley’s Lloyd’s Syndicate 2623 & 623 Ratings
Dec 8 2006 // A.M. Best Co. has affirmed its Syndicate Ratings of “A” (Excellent) and the issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623 and Lloyd’s Syndicate 623, managed by the...
ICAT Establishes Syndicate at Lloyd’s of London
Dec 1 2006 // ICAT Holdings LLC announced the creation of a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties...
ICAT Establishes Syndicate at Lloyd’s of London
Nov 30 2006 // Boulder, Colo.-based ICAT Holdings LLC has created a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties...
Lloyd’s Claims Specialists Heed CEO’s Call for Electronic Processing
Nov 22 2006 // A number of Lloyd’s leading claims experts have come out in support of CEO Richard Ward’s call for the London market to start processing claims electronically as soon as possible. An article on the...
Lloyd’s Names Barred from Action Against U.K. Government
Nov 13 2006 // A decision by Justice Langley, of the High Court in London, has dismissed a class-action lawsuit brought by Lloyd’s “Names”, individual investors, against the British government for the financial losses...
Lloyd’s Announces New Marine Underwriting Charter Policy
Nov 9 2006 // A bulletin on the Lloyd’s Website (www.lloyds.com) announced that its underwriters are “to provide the capacity for what is believed to be a world first for shipowners. The policy, Seacure60 is a cancellation...
Lloyd’s James Tells PCI Threats to Industry Still Exist
Nov 7 2006 // Julian James, Lloyd’s Director Worldwide Markets, told delegates at the PCI Conference in Seattle that, despite the industry’s “current good fortune, I could make a strong case that we are still standing...
Business Moves
Nov 5 2006 // Affirmative Insurance Holdings, USAgencies Affirmative Insurance Holdings Inc., Addison, Texas, and privately-held USAgencies L.L.C., based in Baton Rouge, La., announced a definitive agreement under which Affirmative will...
MarketScout Approved as Lloyd’s Coverholder
Nov 2 2006 // Dallas, Texas-based MarketScout, the eInsurance Exchange, has been approved as a Lloyd’s Coverholder. The approval process requires an extensive examination of the candidate’s underwriting capabilities,...
Lloyd’s Releases Second ‘360 Report’ on Climate Change
Nov 1 2006 // Lloyd’s has released the second installment of its “360 Climate Change” series, entitled “What next for climate change?” Last June it published the first installment, entitled “Climate...
