Lloyd’s Adds Guyana to Risky Shipping List Amid Escalating Dispute With Venezuela December 19, 2023 By Kevin Crowley and Alex Longley One of the world’s most-influential insurance markets added Guyana to its list of the riskiest shipping zones amid an escalating...
Lloyd’s Extends Lease on Iconic London Headquarters Until 2035 December 18, 2023 By Eamon Akil Farhat Society of Lloyd’s, better known as Lloyd’s of London, has reached an agreement to remain in its One Lime Street...
S&P Upgrades Lloyd’s Financial Strength Rating to AA- December 15, 2023 S&P Global Ratings has revised its financial strength rating for Lloyd’s of London to “AA–”, outlook stable, from “A+”, outlook...
AXIS Gets In-Principle Approval to Launch Energy Resilience Syndicate at Lloyd’s December 14, 2023 AXIS Capital Holdings Ltd. announced it has received in-principle approval from Lloyd’s to launch a syndicate that will focus on...
People Moves: Papanikolaou to Succeed Mueller as AGCS CEO and Will Lead Allianz Commercial; May Promoted to CEO of Lloyd’s Europe as Breitburd Steps Down December 11, 2023 This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS) and Lloyd’s Europe. A...
Africa Specialty Risks Gets ‘In Principle’ Approval to Launch Syndicate in 2024 December 11, 2023 Africa Specialty Risks (ASR), the pan-African focused re/insurance group, has received “in-principle” approval to launch a Lloyd’s syndicate in 2024....
Markets/Coverages: Howden Launches European Cyber & Tech E&O Facility December 8, 2023 Howden, the global insurance group, today announces the launch of one of the first dedicated European cyber and technology errors...
CFC Executives Walsh and Newman to Step Down After Lloyd’s Misconduct Probe November 29, 2023 By L.S. Howard CFC, the London-based managing general agent, announced that its founder and group CEO, David Walsh, and Graeme Newman, CEO of...
Probitas Ready to Launch Lloyd’s Special Purpose Arrangement for 2024 Year of Account November 28, 2023 Lloyd’s syndicate Probitas 1492 announced that Lloyd’s has given formal approval for its special purpose arrangement (SPA), which will begin...
Grain Ship, Damaged off Coast of Ukraine, Likely Hit Sea Mine: Sources November 20, 2023 A merchant ship transporting grains was lightly damaged off the coast of Ukraine and was likely to have been hit...