Latest Lloyd's Headlines

All the headlines from our Lloyd's Topic Page, ordered by recency.

International General Insurance Holdings Begins Trading at Lloyd’s on May 9

May 8 2024 // International General Insurance Holdings Ltd. announced it will begin trading for the first time at Lloyd’s on May 9, 2024, demonstrating the company’s long-term commitment to the London market.Located in the...

Delos and Lloyd’s Insurer to Expand Vacant Home Insurance in California

May 6 2024 // Delos Insurance Solutions plans to offer wildfire insurance to more California policyholders with vacant properties. Delos is expanding coverage availability through a partnership with certain underwriters at Lloyd’s...

Lloyd’s Insurers Don’t Expect Large Claims From Baltimore Bridge Collapse

May 2 2024 // Lloyd’s of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore’s Francis Scott Key Bridge in March that caused widespread disruption, they said on...

Agile Syndicate 2427 Gets Lloyd’s Approval to Begin Underwriting

May 1 2024 // Agile Underwriting Services has received approval from Lloyd’s to commence underwriting in May.Agile Underwriting Services Syndicate 2427 (AUS 2427) will be focused primarily on Australia and New Zealand and writing...

Africa Specialty Risks Launches ASR Syndicate 2454 at Lloyd’s

Apr 29 2024 // Africa Specialty Risks (ASR), the pan-African focused re/insurance group, has launched ASR Syndicate 2454 focused on underwriting business across Africa. It is the first African-focused syndicate writing business at...

People Moves: Miller Promoted to Lloyd’s Americas CEO as Watkins Exits

Apr 11 2024 // Lloyd’s said Dawn Miller has been named chief commercial officer and CEO of Lloyd’s Americas.Miller, who joined Lloyd’s in 2022 and oversees its global network as commercial director, will assume her...

Lloyd’s Reports Banner Year in 2023 but “Disciplined Underwriting” Must Be Maintained

Apr 1 2024 // The strong 2023 results at Lloyd’s reaffirm the primacy of underwriting, “but it’s one year and therefore not a reason for complacency,” said Patrick Tiernan, chief of markets, in a market message...

Fidelis Partnership Gets ‘In Principle’ Approval From Lloyd’s to Launch Syndicate

Mar 28 2024 // The Fidelis Partnership, the Bermuda-based managing general underwriter, announced that Lloyd’s has granted “in principle” approval for the launch of Syndicate 3123 in collaboration with Fidelis Insurance...

Baltimore Bridge May Trigger Historic Marine Loss, Lloyd’s of London Says

Mar 28 2024 // Insurance payouts for Tuesday’s collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to Lloyd’s of London Chief Executive Officer John...

Lloyd’s of London Swings to $13.5 Billion Profit in 2023

Mar 28 2024 // Lloyd’s of London swung to a pre-tax profit of 10.7 billion pounds ($13.51 billion) in 2023, the commercial insurance market said on Thursday, boosted by strong underwriting and investment performance.The insurance...

Agile Underwriting Gets ‘In-Principle’ Approval to Launch Lloyd’s Syndicate

Mar 18 2024 // Agile Underwriting Services has received “in-principle” approval from Lloyd’s to create Agile Syndicate 2427, subject to regulatory approvals. Syndicate 2427 will be established under the...

Lloyd’s and Bermuda Monetary Authority Collaborate to Share Risk Expertise

Mar 14 2024 // The Lloyd’s market and the Bermuda Monetary Authority (BMA) are jointly developing an initiative to share risk expertise between these two major re/insurance hubs.The focus will be on fostering innovation through the...

Lloyd’s Reports Banner Year in 2023 but ‘Disciplined Underwriting’ Must Be Maintained

Mar 11 2024 // Lloyd’s strong 2023 results reaffirm the primacy of underwriting, “but it’s one year and therefore not a reason for complacency,” said Patrick Tiernan, chief of markets, in a market message to...

People Moves: Aspen UK Names Stanford CEO, Osman Become Active U/W, Lloyd’s Syndicate 4711; Howden Tiger Promotes Chattaraj as Chief Science Officer

Mar 8 2024 // This edition of International People Moves details appointments at Aspen UK and Howden Tiger.A summary of these new hires follow here. Stanford Named CEO of Aspen UK, Osman Become Active U/W, Lloyd’s Syndicate...

Lloyd’s Hits 35% Female Leadership Target, Says it Has a ‘Way to Go’

Mar 5 2024 // Lloyd’s of London has hit a short-term target of filling 35% of leadership roles with women, although less than half of firms in the commercial insurance market had hit the mark, it said on Tuesday.Lloyd’s said...

AXIS Capital’s Syndicate 2050 Gets Full Lloyd’s Approval to Begin Underwriting

Mar 5 2024 // AXIS Capital Holdings announced it has received full approval from Lloyd’s to begin underwriting from April 1, 2024.AXIS first announced in December that it had secured in-principle approval from Lloyd’s to...

UK Insurer Aviva to Enter Lloyd’s Market via Acquisition of Probitas for £242M

Mar 4 2024 // Aviva plc announced it will acquire 100% of Probitas Holdings (Bermuda) Ltd., the parent company of the Probitas Group, for a minimum fixed consideration of £242 million (US$306.2 million).The transaction includes...

Marsh McLennan, Ukraine, Lloyd’s Expand Insurance Facility for Non-Military Shipments

Mar 1 2024 // Insurance broker Marsh McLennan, the Ukrainian government and Lloyd’s have announced a major expansion of the Unity insurance facility – a public-private partnership originally launched in November 2023 to provide...

MCI Syndicate-in-a-Box Gets Lloyd’s Nod to Provide Clinical Trial Funding Insurance

Feb 16 2024 // Asta, through its third-party managing agency at Lloyd’s, announced the “in-principle” approval of a syndicate-in-a-box (SIAB) to deliver a breakthrough insurance product that aims to accelerate the...

Court Orders Texas Adjuster to Cease Using Lloyd’s Trademarked Names

Feb 9 2024 // A Texas public adjuster committed willful infringement when he formed a corporation and a limited liability company with the names “Certain Underwriters at Lloyds London, Inc.” and “Certain Underwriters...