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...
Lloyd’s Innovation Accelerator Focuses on COVID-19 Market Response with 3 Insurtechs July 8, 2020 Lloyd’s has started work with three insurtech startups to help the market respond to the COVID-19 pandemic. As part of...
How to Prepare for the Next ‘Black-Swan’ Event? Lloyd’s Has Some Suggestions. July 2, 2020 By L.S. Howard Lloyd’s of London is proposing solutions that could provide customers with greater protection against a future wave of the COVID-19...
Some Facts About London’s Role in Insuring the Slave Trade June 19, 2020 By Guy Faulconbridge London is facing up to its role in insuring the slave trade as part of a sweeping global reassessment of...
Munich Re Syndicate Taps McAdams from AXA XL as Head of Marine June 18, 2020 Rob McAdams will be joining the Munich Re Syndicate as head of Marine. Based in London, he will oversee the...
Update: Lloyd’s of London Apologizes for Its ‘Shameful’ Role in Atlantic Slave Trade June 18, 2020 By Guy Faulconbridge and Kate Holton The Lloyd’s of London insurance market has apologized for its “shameful” role in the 18th and 19th Century Atlantic slave...
Global Insurers Pulled into Epicenter of COVID-19 Crisis, Firmly in Uncharted Territory June 10, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift....
Lloyd’s Launches Application Program Interface (API) to Enhance Electronic Placements June 9, 2020 Lloyd’s announced the launch of an application program interface (API), which is designed to help London market brokers and underwriters...