Lloyd’s to Open Miami Office to Expand Its Latin American and Caribbean Business September 19, 2019 Lloyd’s plans to set up an office in Miami to support business development in the Latin American and Caribbean markets....
Lloyd’s Expects ‘Sobering’ Results from Survey of Workplace Culture September 18, 2019 By Carolyn Cohn Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s...
Lloyd’s Names Sansom Chief Risk Officer, Announces Departure of Chief People Officer September 18, 2019 Lloyd’s announced that David Sansom has been confirmed as chief risk officer, subject to regulatory approval. Sansom’s remit includes all...
Lloyd’s Returns to Profit in 1st Half After 2 Full Years of Losses September 18, 2019 By Will Hadfield Lloyd’s of London, the world’s biggest insurance market, returned to profit in the first half after two full-year losses. The...
Lloyd’s, London Market Insurers Surpass Q2 Electronic Placing Targets August 12, 2019 More than half of in-scope market risks were placed electronically in the London and Lloyd’s markets during the second quarter,...
German Bank Seeks to Seize Ships for Breach of Iran Sanctions August 6, 2019 By Saket Sundria, Serene Cheong and Dan Murtaugh Reports alleging that fuel tankers appeared to breach U.S. sanctions against Iran were cited in court filings by a bank...
Lloyd’s Selects 11 Insurtechs to Support Its Future-at-Lloyd’s Project August 1, 2019 Lloyd’s welcomed 11 new teams of insurtech disruptors to join the re/insurance market’s innovation accelerator. More than 130 applications were...
Space Insurance Premiums Could Double After European Vega Rocket Crash July 31, 2019 By Carolyn Cohn, Tom Sims and Noor Zainab Hussain Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which...
Future at Lloyd’s Consultation Period Ends – Now the Hard Work Begins July 12, 2019 When the 10-week consultation period for “The Future at Lloyd’s” project ended this week, Lloyd’s confirmed that participation was widespread,...
AM Best Affirms Credit Ratings of Lloyd’s July 11, 2019 AM Besthas affirmed the Financial Strength Rating of “A” (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of Lloyd’s...