Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Canadian Business Ill-Prepared for Climate Change Risk, Lloyd’s Warns
Jul 12 2006 // Canadian business is vulnerable to climate change and the increasing frequency and intensity of natural catastrophes, Lloyd’s Chairman Lord Peter Levene warned in a July 11 speech to the Vancouver Board of...
Lloyd’s “360 Risk Project” Conference Tackles Climate Change
Jul 7 2006 // Lloyd’s new 360 Risk Project is dedicated to examining issues that affect the insurance industry, and its first conference took on today’s most far-reaching and important issue – the debate over climate...
Business Moves
Jul 3 2006 // IAG, Lloyd’s Insurance Australia Group Ltd. acquired a newly-formed Lloyd’s managing agency and specialist Asian syndicate, Alba Group Pte Ltd., to “support the development and management of its expanding...
Lloyd’s Comments on Celebrity Advertising Campaign Coverage
Jun 29 2006 // It’s nice to learn that Lloyd’s hasn’t turned its back on covering the perils that may strike the world’s movie, sports and assorted other celebrities. On the contrary, a recent article on its...
Lloyd’s Chairman Tells ALM Conference More Efforts Needed
Jun 26 2006 // Lloyd’s Chairman, Lord Peter Levene, described a bright future, but one that needs work to be achieved, for those attending the 2006 conference of the Association of Lloyd’s Members (ALM) last week. He stressed...
Lloyd’s Interviews Marsh’s Matanle on Broker Competitiveness
Jun 21 2006 // The Lloyd’s Website (www.lloyds.com) features an interview with Stephen Matanle, global markets leader at Marsh and Chair of the London Market Insurance Brokers’ Committee (LMBC), about the challenges facing...
Lloyd’s forecast for Northeast: Storms, global warming threats are real
Jun 19 2006 // The prospect of another nasty hurricane season has everyone in the insurance industry braced for a white-knuckle ride. The spectre of a hurricane hitting a major Northeast population center is hardly the stuff of Hollywood...
IAG Acquires New Lloyd’s MA – Specialist Asian Insurer
Jun 15 2006 // Insurance Australia Group Limited (IAG) announced that it has acquired a newly-formed Lloyd’s managing agency and specialist Asian syndicate, Alba Group Pte Limited, to “support the development and management...
Quanta in Deal with Lloyd’s Chaucer to Manage Syndicate 4000
Jun 9 2006 // Quanta Capital Holdings Ltd. has signed a non-binding “Heads of Agreement” with Chaucer Holdings PLC, a specialist Lloyd’s insurer, and the senior underwriting team of Syndicate 4000 under which a new...
Lord Levene Sets Lloyd’s and London’s Priorities for Fellow Peers
Jun 9 2006 // In a speech to the House of Lords, given as part of a discussion on “London as a World Financial Center,” Lord Peter Levene stressed the financial health and leading position of both London and the...
U.S. and Insurers Can Withstand Hurricanes Without Taxpayer Funds, Says Lloyd’s U.S.
Jun 1 2006 // Residents of the Northeast coast “ignore the hurricane threat at their peril,” a leading insurer is warning. At the same time, Wendy Baker, president of Lloyd’s America, says she is confident that the...
RI3K, Xchanging Launch London Market Electronic Insurance Exchange
May 30 2006 // The U.K.’s insurance community is poised to fully enter the electronic age with the announcement from RI3K and Xchanging of the “London Market Electronic Insurance Exchange” (FELIX). The new system is...
Quanta Puts Specialty Lines into Runoff; Retains Lloyd’s, ESC Business
May 26 2006 // Bermuda-based Quanta Capital Holdings Ltd. announced that “following the evaluation of strategic alternatives, and in consultation with its financial advisors, the Board has decided to cease underwriting or seeking...
S&P Rates Catlin’s Lloyd’s Syndicate ‘4-‘ (Low Dependency)
May 25 2006 // Standard & Poor’s Ratings Services has assigned its interactive Lloyd’s Syndicate Assessment (LSA) of ‘”-” (low dependency) to U.K.-based Catlin Underwriting Agencies – Syndicate...
Ward Pushes Lloyd’s Reform
May 23 2006 // A little less than a month after he assumed the position of Lloyd’s CEO, Richard Ward is proving to be the kind of hands on executive Lord Levene and other Lloyd’s managers wanted. His first major initiative...
Harnessing technology in the London insurance market
May 22 2006 // Kinnect is dead! Long live Kinnect! Although Lloyd’s long troubled IT project was consigned to the flames last January (See IJ Website Jan. 24), a number of IT phoenix have risen from its ashes. “I think 2006...
Harnessing technology in the London insurance market
May 22 2006 // Kinnect is dead! Long live Kinnect! Although Lloyd’s long troubled IT project was consigned to the flames last January (See IJ Website Jan. 24), a number of IT phoenix have risen from its ashes. “I think 2006...
Lloyd’s Releases 2005 Annual Report
May 17 2006 // Lloyd’s has released its official 2005 annual report. The package also contains a report from acting CEO Luke Savage, a statement from Lloyd’s Chairman Lord Peter Levene and a detailed breakdown of...
Lloyd’s sees 1906 San Francisco earthquake as a turning point
May 8 2006 // One of the most significant natural disasters in U.S. history, the San Francisco earthquake of 1906, rolled to its centennial anniversary April 18, 2006. One hundred years ago in San Francisco, the Earth bounced and the...
Lloyd’s sees 1906 San Francisco earthquake as a turning point
May 8 2006 // One of the most significant natural disasters in U.S. history, the San Francisco earthquake of 1906, rolled to its centennial anniversary April 18, 2006. One hundred years ago in San Francisco, the Earth bounced and the...
