Lloyd’s Expects ‘Major Claim’ From Russia-Ukraine War, Reports ‘Strong’ Profit in 2021 March 24, 2022 Lloyd’s, the world’s leading insurance and reinsurance marketplace, announced “a strong return to profitability” in its 2021 full year financial...
Lloyd’s Reports H1 2021 Profit of £1.4B ($1.9B), with 92.2% Combined Ratio September 9, 2021 By L.S. Howard Lloyd’s of London reported pre-tax profit of £1.4 billion (US$1.9 billion) for the first half of 2021, compared to a...
Lloyd’s Expects Large Loss from Suez Canal Blockage March 31, 2021 By Carolyn Cohn The blockage of the Suez Canal for nearly a week will result in a “large loss” for Lloyd’s of London,...
Lloyd’s Underlying Underwriting Results See ‘Huge Improvement’ Despite COVID Losses September 11, 2020 By L.S. Howard While Lloyd’s overall results in the second half were hit by £2.4 billion ($3.12 billion) of COVID-19 claims, the market’s...
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...
Lloyd’s Expects US$4.3B in COVID-19 Claims – On Par with Costs of 9/11 Terror Attacks May 14, 2020 By L.S. Howard Lloyd’s of London revealed it will pay claims in the range of $3 billion to $4.3 billion as a result...
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 Returns to Profit, Says in ‘Strong Position’ to Respond to COVID-19 March 26, 2020 By L.S. Howard While announcing a return to profit of £2.5 billion (US$3 billion) for 2019, Lloyd’s also affirmed that the market is...
Lloyd’s Returns to Profit in 1st Half After 2 Full Years of Losses September 18, 2019 By Will Hadfield Lloyd’s of London, the world’s biggest insurance market, returned to profit in the first half after two full-year losses. The...