Latest Lloyd's Headlines
All the headlines from our Lloyd's Topic Page, ordered by recency.
Lloyd’s Names Faragher China Re COO
Apr 25 2006 // Lloyd’s has announced that Ian Faragher has been appointed Chief Operating Officer of its new Chinese onshore reinsurance operation in Shanghai, Lloyd’s Reinsurance Company (China) Ltd., effective May...
Ward Assumes Lloyd’s CEO Role
Apr 24 2006 // Richard Ward officially took up his duties as Lloyd’s new CEO today, replacing Nick Prettejohn, who resigned last December to head Prudential (U.K.)’s domestic insurance operations and taking over from interim...
Marsh Offering Entertainment Industry Coverage through Lloyd’s
Apr 19 2006 // A note on the Lloyd’s Website (www.lloyds.com) describes a new initiative from global broker Marsh, which offers a “new range of products covering celebrities and those working behind the scenes in TV, film,...
Lloyd’s Holds Down Losses to $180.6 Million; Webcast Scheduled
Apr 6 2006 // As the old saying goes, “Hope for the best, but prepare for the worst.” While Lloyd’s 2005 £103 million ($180.6 million) loss estimate may not be the absolute best, it’s certainly a lot better than...
JLT Expands Lloyd’s Security/Privacy; Adds U.S. E&O Tech Coverage
Apr 4 2006 // JLT Risk Solutions Ltd;, part of London-based global broker Jardine Lloyd Thompson Group plc, announced a significantly expanded insurance program within the Lloyd’s of London market “to provide security and...
Lloyd’s Looks at Covering Virgin Galactic Space Flight
Apr 4 2006 // For centuries mankind dreamed of being able to fly. The Wright brothers may not have envisioned jet aircraft, let alone cattle car class, but they did initiate powered flight over 100 years ago. So with that mission...
The London insurance market: The City and the regulators
Apr 3 2006 // For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally. It’s never been easy, but the fact that it has happened at...
The London insurance market: The City and the regulators
Apr 3 2006 // For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally. It’s never been easy, but the fact that it has happened at...
International
Apr 3 2006 // The London insurance market: The City and the regulators For 317 years London’s insurance market in general and Lloyd’s in particular has been adapting to changing conditions both locally and globally....
Lloyd’s Remains Major Energy Sector Coverage Specialist
Mar 30 2006 // In his keynote address to the delegates at Aon’s 9th Energy Insurance Conference in Cancun, Mexico, Rolf Tolle, Lloyd’s Franchise Performance Director, told his audience that the Lloyd’s market is...
Lloyd’s Pleased with Firms 2005 Results Despite Hurricanes
Mar 29 2006 // Ewan Gilmour, Chief Executive of the U.K.’s Chaucer insurance group and Lloyd’s Deputy Chairman, issued a statement praising the market’s underwriters for delivering a series of good results, following...
Lloyd’s and Markel’s Italian Road Show
Mar 28 2006 // Lloyd’s and Markel International have joined forces to tell Italian businesses what the London market can offer. A bulletin on the Lloyd’s Website (www.lloyds.com) notes: “A road show was held in Rome and...
Lloyd’s Urges Rethinking on Cat Losses
Mar 24 2006 // In a speech at the “Forces of Nature” conference in London Julian James, Lloyd’s Director of Worldwide Markets, said that the time has come for the insurance industry to rethink how it handles...
New Lloyd’s Policy Wording Covers Terrorist ‘Piracy’
Mar 20 2006 // As the oldest marine insurer in the world, Lloyd’s has long been aware of the menace pirates pose to shipping. These days, however, they aren’t the “Yo, ho, ho and a bottle of rum” kind of pirates,...
People and Places
Mar 20 2006 // Lloyd’s of London has selected an insurance outsider, Richard Ward, former head of the London-based International Petroleum Exchange, as its new chief executive officer. He spent six years as CEO of IPE, which has...
People and Places
Mar 20 2006 // Charles F. Taylor, CPCU, ARe, has joined ISU International as regional sales manager in ISU’s Indianapolis office, announced T.J. Ryan, III, president. The ISU Group is a national network comprised of 90 select...
People and Places
Mar 20 2006 // Cathleen C. Beavers was named general manager of the Texas Automobile Insurance Plan Association. Previously, Beavers was residual market business advisor for USAA in San Antonio where she managed the auto residual market...
Not all Oil & Gas programs are created equal
Mar 20 2006 // What do Dodge Neon, Mazda Miata and Lexus 430 have in common? Simple–they are all the same form of transportation. Each will allow you to control your travel from Point A to Point B but each has its own unique...
Lloyd’s Market
Mar 19 2006 // Lloyd’s Chairman Lord Levene with newly-appointed Chief Executive Richard Ward. New chief charged with improving market efficiency, moving the market to the next level By Charles E. Boyle In an announcement that...
By W. Randolph Zator
Mar 19 2006 // Not all Oil & Gas programs are created equal The American market has expanded in numbers from AIG Oil Rig, principally alone 30 years ago, to perhaps 10 domestic energy markets. Other foreign carriers in Bermuda and...