People Moves: Aon Underwriting Managers Appoints LSM’s Clapham as CUO; Lloyd’s Taps Aviva’s Adams as Chief People Officer, Succeeding Gomez November 4, 2024 This edition of International People Moves details appointments at Aon Underwriting Managers and Lloyd’s of London. A summary of these...
Harassment Claims Soar at City Firms in Wake of Odey Scandal October 25, 2024 By Jonathan Browning City firms reported a 72% surge in non-financial misconduct complaints over the last three years following a string of high-profile...
Markets/Coverages: Lloyd’s Launches Disaster Resilience Vehicle for Small Island Developing States October 24, 2024 Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has launched disaster resilience vehicle with the United Nations Capital Development...
MIC Global Applies to Become Lloyd’s Coverholder for Greenlight Re’s Syndicate 3456 October 11, 2024 MIC Global (MIC), the full-stack embedded micro insurance provider, announced it has applied to become a Lloyd’s coverholder for Greenlight...
Group of Scientists Say Climate Change Drove Helene Impacts October 11, 2024 By Don Jergler Climate change was a key driver of the devastating impacts of Hurricane Helene, a group of scientists said this week....
Geopolitical Conflict Could Cost Global Economy $14.5 Trillion Over 5 Years: Lloyd’s October 10, 2024 By L.S. Howard The global economy could be exposed to losses of US$14.5 trillion over a five-year period from the threat of a...
Lloyd’s of London Must Stop Supporting Fossil Fuel Expansion, NGO Says October 10, 2024 By Virginia Furness The Lloyd’s of London market is undermining climate action and should impose binding rules to prevent insurers supporting fossil fuel...
Africa Specialty Risks Begins Operating as Lloyd’s Service Company October 4, 2024 Africa Specialty Risks (ASR), the pan-African and Middle East-focused reinsurance group, announced that has begun operating as a Lloyd’s service...
Lloyd’s Focuses on Delegated Authority Arrangements as Looming Market Risk October 3, 2024 By L.S. Howard While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is...
AXA, Aircraft Lessor DAE Clinch Deal as UK Battle Over Jets Seized in Russia Kicks Off October 3, 2024 By Kirstin Ridley and Sam Tobin Aircraft lessor Dubai Aerospace Enterprise (DAE) has secured a settlement with insurer AXA over jets retained in Russia since the...