Trade Credit Specialist Coface Gets Nod From Lloyd’s to Launch Syndicate July 17, 2025 Coface, the Paris-based trade credit risk management specialist, announced it has received an “in principle approval” from Lloyd’s to launch...
London Market Brokers, Associations Welcome Move to Create UK Captive Domicile July 15, 2025 By L.S. Howard The UK Chancellor of the Exchequer Rachel Reeves announced today that the UK will introduce a captive insurance company regime...
Lloyd’s Applauds Removal of Section 899 Tax Measure From ‘One Big Beautiful Bill’ June 30, 2025 By L.S. Howard Lloyd’s has issued a statement applauding the removal of Section 899 from the Republican’s reconciliation bill, which could have led...
Insurers Must Pay Up for Jets Seized by Russia, UK Judge Rules June 11, 2025 By Upmanyu Trivedi Insurance companies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the...
Ron Perelman’s Fight Over $410 Million in Art Insurance Goes to Trial June 3, 2025 By Chris Dolmetsch and Tom Maloney Nearly seven years after a fire ripped through Ron Perelman’s Hamptons home, he is asking a New York state judge...
People Moves: Lloyd’s Makes Executive Team Changes June 2, 2025 Lloyd’s, headquartered in London, the world’s leading marketplace for insurance and reinsurance market for global risk, made several new appointments...
Motion Specialty Launches Lloyd’s MGU, Founded by Former Hiscox Executives May 20, 2025 Motion Specialty has been approved as a Lloyd’s of London coverholder, founded by former Hiscox executives Dan Alpay and Alex...
Lloyd’s Has ‘Laser Focus’ on Oversight of Coverholders to Proactively Avoid Market Risk May 16, 2025 By L.S. Howard Lloyd’s has “a laser focus” on the oversight of delegated underwriting authorities to make sure these facilities do not drag...
UK Watchdog Set to Ease Insurance Rules for Large Companies May 14, 2025 By Leonard Kehnscherper The UK markets watchdog is planning to pare its rules on how insurers can sell policies to large companies, the...
Lloyd’s Loses Bid to Avoid $800K in Prejudgment Interest May 9, 2025 By Andrew G. Simpson Lloyd’s of London has been told it must pay an extra $800,000 in prejudgment interest on a $2.5 million building...