People Moves: Hong Kong’s FWD Names Former SiriusPoint CEO as Group CFO; Lloyd’s Names Beazley’s Turk as Chief Underwriting Officer May 31, 2023 This edition of International People Moves details appointments at FWD Group and Lloyd’s of London. A summary of these new...
Update: List of Insurers Exiting Climate Group Grows, Including Lloyd’s, Tokio Marine May 30, 2023 By Aaron Clark, Nao Sano and Alastair Marsh The list of firms walking out of the Net Zero Insurance Alliance continued to grow this week, adding to an...
Climate Alliance Sounds Alarm on ‘Political Attacks’ on Insurers May 26, 2023 By Tommy Wilkes “Political attacks” are interfering with insurers’ efforts to price climate risks, the Glasgow Financial Alliance for Net Zero said on...
UPDATE: ESG-Bashing Triggers More Defections From Insurer Climate Group May 25, 2023 By Alastair Marsh The world’s biggest climate alliance for insurers has started hemorrhaging members, after Republican attorneys general accused the group of antitrust...
Lloyd’s of London CEO Neal Calls for Rethink of UN Climate Alliance Rules May 25, 2023 By Tommy Wilkes and Greg Roumeliotis A global climate alliance for insurers needs to make its membership rules less prescriptive or risk falling apart, the boss...
Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary? May 9, 2023 By L.S. Howard The rollout of the Lloyd’s cyber war exclusions has received considerable criticism for the chaos and confusion caused in the...
Markets/Coverages: Insurtech Parsyl Launches $20M Lloyd’s Consortium for Perishable Cargo April 5, 2023 Parsyl, the Denver-based insurer of essential supply chains, announced the launch of its new Essential Consortium at Lloyd’s of London....
Lloyd’s Lab Selects 13 Insurtechs for Its Next Innovation Accelerator March 30, 2023 The Lloyd’s marketplace announced it has invited 13 insurtechs to join the next cohort of its innovation accelerator, the Lloyd’s...
Insurers Continue to Cover Ukraine Grain Corridor Shipments, for Now: Lloyd’s Chairman March 24, 2023 By Jonathan Saul Insurers continue to cover grain shipments from Ukraine through a U.N.-backed corridor although more clarity will be required soon, a...
Lloyd’s of London Swings to 2022 Pre-Tax Loss on Investments but U/W Profits Up March 23, 2023 Lloyd’s of London swung to a pre-tax loss in 2022 and took writedowns on its fixed-income investments, it said on...