European Insurers Enjoy Big Profits After Premium Hikes August 8, 2024 By Carolyn Cohn, Tom Sims and Yadarisa Shabong Several European insurers recorded bumper first-half profits on Thursday, as customers burnt by a pandemic, war and a pick-up in...
Lloyd’s Insurers Don’t Expect Large Claims From Baltimore Bridge Collapse May 2, 2024 Lloyd’s of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore’s Francis Scott...
Lancashire Launches US Excess & Surplus Lines Carrier April 8, 2024 Lancashire Insurance, a subsidiary of Lancashire Group, has been launched as an excess and surplus insurer in the US, expanding...
Airlines Face Doubling in War Insurance Premiums After Sudan Losses: Sources July 26, 2023 By Carolyn Cohn Airlines could end up paying twice as much for insurance they need to protect themselves against losses triggered by war...
Lloyd’s Insurer Lancashire Sees Manageable Russia-Ukraine Losses April 28, 2022 By Carolyn Cohn Shares in Lloyd’s of London insurer Lancashire jumped nearly 10% on Thursday as it estimated net losses in Ukraine at...
Lloyd’s Insurer Lancashire Holdings Raises US$352M to Target Hard Market Opportunities June 10, 2020 Lancashire Holdings Ltd. has completed an equity capital raise of approximately £277 million (US$352 million) through the placement of new...
Insurer Lancashire to Use Lloyd’s EU Hub in Brussels After Brexit February 15, 2019 By Noor Zainab Hussain Property and casualty insurer Lancashire Holdings Ltd will use insurance market Lloyd’s of London’s European Union hub in Brussels after...
Lancashire Reports Q3 Loss of $136.4M on High Natural Catastrophe Claims November 2, 2017 Lancashire Holdings Ltd reported a third-quarter pretax loss after what looks set to be the costliest quarter ever for insurers...
Lloyd’s Insurers’ Stocks Fall on Possible Claims from Hurricane Harvey August 29, 2017 By Lukanyo Mnyanda Lloyd’s of London insurers dropped amid speculation that they will suffer losses from Tropical Storm Harvey that’s battering Houston, the...
Waiting List for Insurers to Get Seats on Lloyd’s Underwriting Floor Hits Record October 8, 2015 By Sarah Jones The waiting list for an insurer to get a spot on the underwriting floor of Lloyd’s of London is the...