Lloyd’s Uses Insurable Value Data to Predict France Will Win 2018 World Cup June 12, 2018 Analyzing the collective insurable value of soccer players, Lloyd’s of London* predicts that France will be the winner of the...
London Market’s Electronic Placing Platform, PPL, Now Trades Aviation Risks June 11, 2018 The London market’s electronic placing platform, PPL Ltd., announced that aviation classes of business went live on the platform on...
NRA Sues New York, Alleging First Amendment Violations in Insurance Crackdown May 11, 2018 By Elizabeth Blosfield The National Rifle Association (NRA) has filed a lawsuit against New York’s insurance regulator and Governor Andrew Cuomo, alleging a...
Lloyd’s to End Most Paper Trading by End of 2019 April 24, 2018 By Huw Jones Most business on the Lloyd’s of London insurance market will be negotiated electronically by the end of next year, its...
Non-Catastrophe Losses, Natural Disasters Take Toll on Lloyd’s Market in 2017 April 2, 2018 By L.S. Howard The Lloyd’s market’s pre-tax loss of £2 billion (US$2.8 billion) in 2017 was partly due to hurricanes and wildfires in...
Pembroke Managing Agency Gets Nod to Manage Lloyd’s Syndicate for India’s GIC Re March 21, 2018 Pembroke Managing Agency Ltd., the London-based subsidiary of Ironshore, has been granted approval by Lloyd’s to establish and manage a...
Lloyd’s Market Association Launches Claims Development Training Tool February 20, 2018 The Lloyd’s Market Association (LMA) has launched the Claims Development Pathway, an interactive training and development tool that will provide...
ArgoGlobal Launches Lloyd’s Market Motor Treaty Consortium, Supported by Barbican February 12, 2018 ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the launch of the first Lloyd’s market consortium for motor...
London Market Single Claims Agreement Launched to Improve Claims Handling February 1, 2018 The London market has launched a simplified system for claims handling in an effort to improve client service and streamline...
Insurers Begin to Offer Cryptocurrency Theft Cover, Tackling Risks of Growing Sector February 1, 2018 By Suzanne Barlyn Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than...