Lloyd’s Reports First Half Loss of $520M on COVID-19 Insurance Claims September 10, 2020 Lloyd’s of London recorded a pretax loss of 400 million pounds ($520.08 million) in the first half, battered by the...
New Lloyd’s Syndicate-in-a-Box Created to Insure Transport of Future COVID-19 Vaccine July 23, 2020 Lloyd’s, the specialist insurance and reinsurance market, announced the creation and in principle approval of its newest “syndicate-in-a-box,” Syndicate 1796,*...
Lloyd’s Insurers Get Ready to Re-Open in September After Coronavirus Lockdown June 18, 2020 Clear screens on underwriting boxes, temperature-check thermal cameras and a click and collect take-away catering service are among changes Lloyd’s...
Lloyd’s Creates Single Body for Governance to Improve Speed, Efficiency of Decisions June 5, 2020 Lloyd’s announced it has merged the Council of Lloyd’s with the Franchise Board, creating one body to govern the marketplace....
When UK Insurers, Banks Emerge from Lockdown, Their Employees Face New Normal May 21, 2020 By Lawrence White, Carolyn Cohn and Pamela Barbaglia Limits on elevators, thermal imaging and temperature checks will greet a first wave of traders and bankers in Britain preparing...
UK Insurer Brit and Google Collaborate to Launch 1st Fully Digital Lloyd’s Syndicate May 13, 2020 Brit Ltd. announced plans to launch Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, in collaboration with Google...
Lloyd’s Faces COVID-19 Claims from Multiple Insurance Lines, Says CEO Neal March 27, 2020 By L.S. Howard Lloyd’s insurers face COVID-19 related claims from approximately 14 categories of insurance, said Chief Executive Officer John Neal during a...
Lloyd’s Closes London Underwriting Room in Response to Coronavirus Crisis March 19, 2020 By L.S. Howard After conducting a successful stress-test last week of its electronic trading system, Lloyd’s has made the decision to close its...
Future-at-Lloyd’s Modernization Project Moves from Blueprint to Construction February 26, 2020 By L.S. Howard Since Lloyd’s first announced the blueprint for its Future at Lloyd’s project on Sept. 30, it has been busy working...
Lloyd’s Culture Survey Reveals ‘Ugly’ Levels of Sexual Harassment September 24, 2019 By L.S. Howard Lloyd’s announced the results of its culture survey, which was commissioned in March in the wake of press reports of...