Lloyd’s Launches Culture Dashboard, Sets Gender Target for Market July 31, 2020 The Lloyd’s re/insurance market has launched a Culture Dashboard and has set a gender target for the market supported by...
London Expects Only Half of Bankers to Return to Their Offices by Year-End July 30, 2020 By Huw Jones London’s normally buzzing financial districts will still be a pale shadow by the end of the year, as banks plan...
Lloyd’s Insurer Beazley Reports 1st Half Loss of $13.8M on Mounting COVID-19 Claims July 23, 2020 By Muvija M British insurer Beazley swung to a loss for the first half on Thursday after setting aside $170 million for coronavirus-related...
New Lloyd’s Syndicate-in-a-Box Created to Insure Transport of Future COVID-19 Vaccine July 23, 2020 Lloyd’s, the specialist insurance and reinsurance market, announced the creation and in principle approval of its newest “syndicate-in-a-box,” Syndicate 1796,*...
Zurich Insurance Decides Not to Renew Cover for Canada’s Trans Mountain Oil Pipeline July 23, 2020 Insurer Zurich has decided not to renew cover for the Canadian government’s Trans Mountain oil pipeline, said a spokeswoman for...
Brit’s Digital Syndicate Ki Taps Hearsum from Marsh JLT Specialty as Managing Director July 22, 2020 Ki, the first fully digital and algorithmically driven Lloyd’s of London syndicate, launched in collaboration with Brit Ltd. and Google...
France Weighs Insurance Options to Protect Companies, Jobs from Future Pandemics July 21, 2020 By Alexandre Rajbhandari The French government is looking at ways to shield companies from the impact of future pandemics. The goal is to...
Lloyd’s to Exit U.S. Admitted Market, Focus on U.S. Surplus Lines, Reinsurance July 10, 2020 Lloyd’s announced it plans to stop accepting admitted market accounts in the U.S. in a year and focus on the...
Biggest Uncertainty for UK Insurers Remains Around Business Interruption Claims: BoE July 9, 2020 By Carolyn Cohn and Huw Jones The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims,...
Lloyd’s Market Assn. Launches Delegated Authority Group to Set Future Business Model July 8, 2020 The Lloyd’s Market Association (LMA) has launched a Delegated Authority Committee (DAC) to inform and guide the evolution of this...