Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Lloyd’s Amlin Plc Posts Profit For 1999
May 19 2000 // Not all Lloyd’s underwriters are losing money. Amlin Plc, reporting on an annual basis for the first time, posted a 1999 pre-tax profit of £18.3 million ($27 million). Amlin owns 57.8 percent of three Lloyd’s...
Lloyd’s Publishes New Statistical Guide
May 18 2000 // Lloyd’s has announced publication of “Statistics Relating to Lloyd’s 1999”, compiled and produced by its Market Reporting & Solvency Department. The guide “provides information on...
Head of Kiln Plc Sees Rate Increases in Lloyd’s Market
May 12 2000 // David Gilchrist, Chairman of Lloyd’s vehicle Kiln Plc, which owns 46 percent of four Lloyd’s syndicates, told Reuters News Agency that despite 1999 losses of £6.7 million ($10.4 million) he “expects to...
Expert Witness For Lloyd’s Rejects “Names” Claims in Jaffray Suit
May 11 2000 // Keith Rayment, an expert witness called by Lloyd’s to testify on its behalf, strongly disagreed with one of the key allegations made by Names in the ongoing Jaffray case in London – that Lloyd’s concealed...
Lloyd’s Keeps A.M. Best’s A (Excellent) Rating With Continued Negative Outlook
May 2 2000 // The losses at Lloyd’s, actual and projected, were not deemed serious enough, as yet, to warrant any change in Lloyd’s A (Excellent) rating by A.M. Best. It affirmed Lloyd’s capital strength, based on the...
LLoyd’s “MWD”- Opening the London Market
Apr 28 2000 // Just months after its launch last January, the Market Wordings Data Base (MWD) has begun to fulfill its role in unifying and modernizing the London insurance market. MWD provides a database with more than 8,000 entries...
American Names Set to Take on Lloyd’s of London on Home Turf
Apr 24 2000 // The accusations are fierce, the stories heart-wrenching. Lost homes, marriages, fortunes and even lives are piling up on the doorstep of Lloyd’s of London, which has been accused for years of not disclosing potential...
Lloyd’s Rating Changed by DCR
Apr 6 2000 // Duff and Phelps Credit Rating Co. (DCR) announced that it is modifying the A+ claims paying ability rating of the Lloyd’s market from “Stable” to “Developing.” “The change in Outlook...
Lloyd’s Publishes “Priorities for Growth 2000-2003”
Feb 10 2000 // With a heavy emphasis on growing e-commerce business, Chairman Max Taylor announced the publication of Lloyd’s new business plan, “Priorities for Growth 2000-2003,” calling it a “Manifesto for the...
Lloyd’s Starts Alternative Risk Publication
Feb 8 2000 // As part of its ongoing modernization, Lloyd’s just produced the first issue of ARTwork, a quarterly journal designed to explore the technical, regulatory complexities of the Alternative Risk Transfer...
