All the headlines from our Lloyd's Topic Page, ordered by recency.
Sep 30 2002 // A.M. Best Co. affirmed the financial strength rating of “A-” of the Lloyd’s market with a stable outlook. Lloyd’s has a financial size category of XV. Lloyd’s excellent business profile,...
Sep 30 2002 // Lloyd’s Chairman Sax Riley told an audience of 600 insurance professionals in Milan, Italy that the way in which business organizations manage the risks they face is becoming an increasingly important factor in the...
Sep 30 2002 // Friday the 13th of September will henceforth be known at Lloyd’s as the day that members approved a plan that will radically alter the way the London market is conducted.Ignoring any bad luck associated with the...
Sep 27 2002 // Standard & Poor’s announced the launch of its Lloyd’s Syndicate Assessments (LSAs), “a new tool for analyzing the syndicates operating in the Lloyd’s of London Insurance Market.”S&P...
Sep 24 2002 // BRIT Insurance Holdings PLC, a leading participant in the Lloyd’s market, announced plans to raise around £204million ($316 million) through a rights offering. The company plans on using the funds to increase its...
Sep 20 2002 // Trenwick Group Ltd. announced that it has entered into an agreement with Berkshire Hathaway to increase the total premium capacity of Trenwick Managing Agents’ Syndicate 839 at Lloyd’s for the 2002 year of...
Sep 14 2002 // Lloyd’s announced on Friday that 79.88 percent of those eligible to vote at an Extraordinary General Meeting on Thursday had backed the reform proposals prepared and endorsed by Lloyd’s management.The vote...
Sep 9 2002 // As the 16,000 plus members of Lloyd’s began preparing to cast their votes for or against the reform proposals at a special meeting on Thursday, Sept. 12 (See IJ Website Aug. 30, Sept.3) Chairman Sax Riley made what...
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever.Not only were there thousands of lives lost and injured, but many more...
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever.Not only were there thousands of lives lost and injured, but many more...
Aug 30 2002 // Lloyd’s issued a bulletin yesterday commenting on the responses to its far-reaching reform proposals, indicating that their final form, which is scheduled to be voted on Sept. 12, will better reflect the consensus of...
Aug 28 2002 // A.M. Best announced that it has affirmed the financial strength rating of A- (Excellent) of the Lloyd’s market with a stable outlook.“The affirmation reflects Lloyd’s excellent business profile, excellent...
Aug 7 2002 // A.M. Best reported that one of Lloyd’s managing agencys, Hardy Underwriting Group plc, has been approved to increase the underwriting capacity of its syndicate 382 to 100 million pounds ($1 = 0.64 pounds) for the...
Aug 5 2002 // A.M. Best has given Lloyd’s syndicates 1003 and 2003—known as syndicate 1003/2003 (the syndicate)—a syndicate rating of “A.” The ratings of syndicate 1003/2003 are based on excellent operating...
Aug 5 2002 // Lloyd’s of London has published proposals for reform that will transform it into a modern, transparent and profitable marketplace. In a 56-page consultation document, which goes out to some 16,000 businesses and...
Aug 5 2002 // Lloyd’s of London has published proposals for reform that will transform it into a modern, transparent and profitable marketplace. In a 56-page consultation document, which goes out to some 16,000 businesses and...
Aug 5 2002 // A.M. Best has given Lloyd’s syndicates 1003 and 2003—known as syndicate 1003/2003 (the syndicate)—a syndicate rating of “A.” The ratings of syndicate 1003/2003 are based on excellent operating...
Aug 5 2002 // A.M. Best has given Lloyd’s syndicates 1003 and 2003—known as syndicate 1003/2003 (the syndicate)—a syndicate rating of “A.” The ratings of syndicate 1003/2003 are based on excellent operating...
Aug 1 2002 // Demand to put new capital into Lloyd’s of London is triggering one of the London- based insurance market’s most significant periods of mid-year growth.Speaking in Canada last weekend, Lloyd’s Director of...
Jul 31 2002 // A London appeals court reportedly dismissed allegations of fraud against Lloyd’s insurance market, which had been charged by dissatisfied members, or Names, with deceiving them into investing in Lloyd’s...