Lloyd’s of London

Argenia Offers Wrap Around Policy for Florida Citizens Policyholders

March 8, 2012 - Arkansas-based surplus lines broker Argenia has created a new Florida program designed to cover the reduction of coverage under Citizens Property Insurance Corp. homeowners policies. The program...
https://www.insurancejournal.com/news/southeast/2012/03/08/238630.htm

CFC Underwriting Develops Cloud Coverage

January 10, 2012 - Lloyd's MGA CFC Underwriting has launched a new cyber liability product with wording to cover the risks of storing data in the "cloud." CFC identified a gap in coverage for firms that use cloud...
https://www.insurancejournal.com/news/national/2012/01/10/230577.htm

La Playa Insurance Introduces Yacht Coverage

January 4, 2012 - La Playa Insurance will start providing coverage for yachts and other pleasure crafts after hiring Mike Taylor-West as head of Private Client & Marine. The brokerage, which has offices in...
https://www.insurancejournal.com/news/international/2012/01/04/229439.htm

Judge Tosses JPMorgan Lawsuit Against Insurers

December 14, 2011 - A JPMorgan unit cannot force insurers to pay a $250 million settlement between failed investment bank Bear Stearns and government regulators, a state appeals court in New York ruled on Tuesday....
https://www.insurancejournal.com/news/national/2011/12/14/227318.htm

Lloyd’s Enters Florida Reinsurance Market Under Reduced Capital Rule

October 7, 2011 - Florida has added its first reinsurer from the United Kingdom to a list of reinsurers taking advantage of a state law that reduces reinsurers' capital requirements. In an effort to attract more...
https://www.insurancejournal.com/news/southeast/2011/10/07/219085.htm

The Hanover to Pay $510M for UK Insurer Chaucer

April 20, 2011 - A half-billion dollar deal that would make Lloyd's insurer Chaucer part of Massachusetts-based The Hanover appears all but done. Terms of the transaction, announced this morning, involve a...
https://www.insurancejournal.com/news/national/2011/04/20/195585.htm

Lloyd’s of London Names Smith Southeast Director

February 2, 2011 - Lloyd's of London has appointed Rodney Smith to serve as the regional director for Lloyd's newly established Southeast region. Smith will be based in Atlanta, Georgia and be responsible for market...
https://www.insurancejournal.com/news/southeast/2011/02/02/183044.htm

Lloyd’s Ribeiro Beats a Path to the World’s Insurance Door

January 18, 2011 - As director of international markets for Lloyd's of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a...
https://www.insurancejournal.com/news/international/2011/01/18/180745.htm

Lloyd’s Does Well in a Tough Year

December 30, 2010 - Lloyd's year-end review shows that, like the rest of the industry it faced a number of challenges in a difficult year. Low interest rates diminished investment returns for insurers, while the soft...
https://www.insurancejournal.com/news/international/2010/12/30/116029.htm

Fact or Fiction? Insurance Tidbits of Known and Little-Known Information

December 20, 2010 - Have you ever wondered what big events helped shape regulation of the current U.S. insurance industry? Or if drivers of certain cars have more risk? What about the most attractive insurance job in...
https://www.insurancejournal.com/magazines/features/2010/12/20/160577.htm

Lloyd’s Appoints Chaplin as New Head of Asia Pacific Region

December 17, 2010 - Lloyd's has appointed Kent Chaplin as the new head of its Asia Pacific operations based in Singapore, replacing Keith Stern who is now Lloyd's regional manager for the UK and Ireland. From January...
https://www.insurancejournal.com/news/international/2010/12/17/115756.htm

Lloyd’s Names Lang to Replace Chaplin as Head of Claims

December 17, 2010 - Lloyd's has appointed David Lang, former chairman of the market's Claims Service Review Board, as the new head of claims. He replaces Kent Chaplin who is moving to Singapore to become the new head...
https://www.insurancejournal.com/news/international/2010/12/17/115777.htm

U.S. Sues BP, Well Owners, Driller, Insurer for Gulf Oil Spill Damages

December 16, 2010 - The Obama administration Wednesday launched a legal battle against BP Plc and its partners by suing them for the worst offshore oil spill in U.S. history, which could cost the companies billions of...
https://www.insurancejournal.com/news/national/2010/12/16/115705.htm

Lloyd’s Warns of ‘Increasing Stress’ on Water Resources

December 7, 2010 - "Water scarcity is a pressing problem around the world - and not just in countries that have an arid climate," warned Lloyd's in its latest 360 Risk Insight report. "Water is a critical resource in...
https://www.insurancejournal.com/news/international/2010/12/07/115447.htm

Lloyd’s CEO Opens Toronto Office

December 3, 2010 - Richard Ward hosted a cocktail reception to celebrate the opening of Lloyd's new office in Toronto on Tuesday November 30. Lloyd's noted that it has been a "leading provider of commercial insurance...
https://www.insurancejournal.com/news/international/2010/12/03/115366.htm

European Storm Season Starts, But Forecasts are Difficult, Says Lloyd’s

December 1, 2010 - The world really gets no respite from global weather events. Just as the hurricane season draws to a close, the European windstorm season, which usually lasts around four months, starts up. In its...
https://www.insurancejournal.com/news/international/2010/12/01/115277.htm

Lloyd’s Chairman To Discuss Emerging Risks on Dec. 2

November 24, 2010 - "Risk-taking lies at the heart of business operations, and it can also lead to problems if not handled properly," said Anil Puri, dean of Mihaylo College of Business and Economics at Cal State...
https://www.insurancejournal.com/news/west/2010/11/24/115181.htm

‘Recruitment Scam’ Hits Lloyd’s; Warning Issued

November 18, 2010 - Lloyd's has posted a warning on its web site that it has discovered it's "subject to a recruitment scam (Recruitment Fraud) in which people are being offered fictitious employment opportunities...
https://www.insurancejournal.com/news/international/2010/11/18/114981.htm

Lloyd’s Comments on Approaching Implementation of EU’s Solvency II

November 17, 2010 - Lloyd's of London notes that "after almost a decade of development regulators are now putting the finishing touches to Solvency II, new rules governing European insurers' capital adequacy. The...
https://www.insurancejournal.com/news/international/2010/11/17/114954.htm

Lloyd’s D&O Won’t Pay Stanford’s Fraud Defense

November 14, 2010 - Accused swindler Allen Stanford may not use $100 million in a Lloyd's of London directors and officers insurance policy to pay the lawyers defending him on charges of running a $7 billion fraud, a...
https://www.insurancejournal.com/magazines/features/2010/11/14/160465.htm