All the headlines from our Lloyd's Topic Page, ordered by recency.
Jul 19 2000 // Charles Taylor Group has acquired the business of Lloyd’s Aviation, the second largest of its kind in the London market with 30 percent of business volumes for $3.89 million. The deal is a further step in the...
Jul 13 2000 // The British High Court heard closing statements Wednesday in the case of Lloyd’s vs. Jaffray, in which over 200 Names claimed they were defrauded by Lloyd’s. The Names are a portion of the group that refused to...
Jul 10 2000 // Lloyd’s of London will soon offer up to $100 million in hacker insurance coverage to clients of Counterpane Security Inc., a computer security management firm based in San Jose, Calif. The coverage will be...
Jul 6 2000 // The new standards that brokers from the United Kingdom and overseas will have to meet in order to trade on the Lloyd’s of London insurance market will be announced in October. The date for the announcement has been...
Jul 4 2000 // According to published reports U.K. based Advent Capital (Holdings) Plc, whose subsidiaries manage a number of Lloyd’s syndicates, has agreed with Canada’s Fairfax Financial Holdings Ltd. to acquire...
Jul 3 2000 // Nick Prettejohn, Lloyd’s Chief Executive, speaking at the annual conference of the Association of Lloyd’s Members, revealed that they are studying the feasibility of producing one-year accounts along with the...
Jun 23 2000 // Lloyd’s will make Menlo Park based Risk Management Solutions’ (RMS’) RiskOnline.com service available to members to track the progress of hurricanes in real time for the rest of the year 2000. Access will...
Jun 15 2000 // Lloyd’s Business intelligence Centre has produced a new CD-ROM which lists detailed information for all Lloyd’s Syndicates. The CD-ROM is fully indexed by underwriter, managing agent and syndicate number, and...
Jun 15 2000 // International financial rating agency Standard & Poor’s reaffirmed Lloyd’s overall A- insurer financial strength rating, and also ranked 95 of the 123 Lloyd’s syndicates, giving 11 of them it’s...
Jun 12 2000 // Last October, Lloyd’s produced a working document entitled “Developing Broker Relationships,” which proposed sweeping changes in the accreditation and regulation of Lloyd’s brokers. Now the results...
Jun 8 2000 // A Lloyd’s study based on a survey at the recent annual conference of the Association of Risk Managers in Birmingham England, has revealed that 75 percent of the companies surveyed had no coverage against damages...
Jun 6 2000 // Lloyd’s Chairman Max Taylor in a speech at the annual conference of the Physician Insurer Association of America (PIAA) said that the crisis in health coverage was becoming more serious, and that insurers and health...
Jun 5 2000 // For over two months, Lloyd’s of London has been presenting evidence in the Jaffray case before Mr. Justice Cresswell in London defending itself against allegations of fraud made by over 200 “Names”....
May 29 2000 // Lloyd’s “A” rating and financial size category of XV were affirmed by A.M. Best. However, the rating continues to carry a negative outlook. While the rating is applicable to the business written by 122...
May 29 2000 // For the past two months, Lloyd’s has been presenting evidence in the Jaffray case before Mr. Justice Cresswell in London, defending itself against allegations of fraud made by more than 200 “Names” (IJ...
May 25 2000 // Last October Lloyd’s produced a working document entitled “Developing Broker Relationships,” which proposed sweeping changes in the accreditation and regulation of Lloyd’s brokers.Now the results of...
May 24 2000 // Following negative reaction from family members and local authorities, Lloyd’s reversed its decision to explore the site of the 1998 Swissair crash off Nova Scotia. In a brief announcement Lloyd’s apologized...
May 22 2000 // Lloyd’s of London has obtained permission from the Canadian government to search the seabed at the site of the Swissair MD-11 that crashed off the coast of Nova Scotia in September 1998, killing all 229 people...
May 19 2000 // Not all Lloyd’s underwriters are losing money. Amlin Plc, reporting on an annual basis for the first time, posted a 1999 pre-tax profit of £18.3 million ($27 million). Amlin owns 57.8 percent of three Lloyd’s...
May 18 2000 // Lloyd’s has announced publication of “Statistics Relating to Lloyd’s 1999”, compiled and produced by its Market Reporting & Solvency Department. The guide “provides information on...