Reinsurers Will Bear Most of Costs of Container-Ship Grounding in Suez Canal April 8, 2021 By Jonathan Saul and Carolyn Cohn LONDON — Reinsurers are set to foot most of the bill for the grounding of the ship that halted traffic...
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,...
When Normal Lloyd’s Trading Returns, Brokers Urge Work Flexibility, Less ‘Stuffy’ Dress Code March 25, 2021 LONDON – When the pandemic is over, the brokers of Lloyd’s of London could haggle with underwriters from home in...
Lloyd’s Launches Parametric Earthquake Insurance Policy in New Zealand March 24, 2021 Lloyd’s has launched a parametric earthquake insurance policy in New Zealand, in partnership with start-up Bounce Insurance, which uses cutting-edge...
Insurance Industry Groups Join Forces to Help UK Career-Break Women Return to Work March 16, 2021 Nine leading insurance industry businesses announced the creation of a program in the UK that will enable “career-break” professionals to...
New Jersey Court Rules Against Artist Peter Max Over Damaged Works March 15, 2021 By David Porter A New Jersey appeals court on Thursday ruled against famed pop artist Peter Max in a dispute over millions of...
Lloyd’s Plans to Re-Open Underwriting Room on May 17 March 1, 2021 Lloyd’s announced on Friday, Feb. 26 that it plans to re-open its London underwriting room and corporation offices on May...
Lloyd’s Survey Results Show More Inclusive Culture, but Improvement Still Needed February 23, 2021 Lloyd’s has made notable progress in its push to become more inclusive, according to its 2020 culture survey, but it...
Lloyd’s Expects to Reopen Underwriting Room in April or May February 19, 2021 By L.S. Howard Lloyd’s expects to reopen its underwriting room on Lime Street in London after Easter from April 12, or after the...
Internet of Things Devices Increase Risk of Cyber Attacks on Industrial Sector: Lloyd’s February 17, 2021 Internet of Things (IoT) devices are increasing the risk of cyber attacks to industrial and manufacturing businesses, according to a...