All the headlines from our Lloyd's Topic Page, ordered by recency.
Jun 9 2020 // Lloyd’s announced the launch of an application program interface (API), which is designed to help London market brokers and underwriters place business electronically.The new API is part of the market’s...
Jun 5 2020 // Lloyd’s announced it has merged the Council of Lloyd’s with the Franchise Board, creating one body to govern the marketplace.The decision to merge the two entities was first announced in November 2019....
Jun 2 2020 // Lloyd’s announced the appointment of Marc Lipman as president, Lloyd’s Canada, and attorney-in-fact (AIF) for Lloyd’s Underwriters.Lipman assumes the role of AIF from Lisa Duval, who took the position...
Jun 2 2020 // Skuld, the marine insurance provider, announced it has reached an agreement with legacy specialist The RiverStone Group for the sale of its Lloyd’s Syndicate 1897, which was placed into run-off in July 2019.Financial...
May 14 2020 // Antares, the Lloyd’s managing agent and subsidiary of QIC Global, announced the appointment of Martin Campbell as head of Specialty at Antares Syndicate 1274, effective May 12, 2020.Reporting to Alexander Craggs,...
May 14 2020 // Lloyd’s of London revealed it will pay claims in the range of $3 billion to $4.3 billion as a result of the COVID-19 pandemic.This payout is on a par with the Sept. 11 terrorist attacks, which cost the Lloyd’s...
May 13 2020 // Brit Ltd. announced plans to launch Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, in collaboration with Google Cloud.Launching in 2021, Ki will be a “follow-only” syndicate,...
May 13 2020 // Major insurers Zurich and Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian regulatory filings show.The Trans Mountain pipeline, which ships types of crude oil and refined...
May 5 2020 // Neptune Flood, an online flood insurance company, has entered into strategic underwriting partnerships that double its capacity at Lloyd’s.Neptune, a Lloyd’s Coverholder since 2017, is now working with three...
May 4 2020 // American International Group has launched Lloyd’s Syndicate 2019 — the largest-ever syndicate to be launched at Lloyd’s.Syndicate 2019 will exclusively reinsure risks from AIG’s Private Client Group...
May 1 2020 // Managing general underwriter Carbon Underwriting has received in-principle approval from Lloyd’s to launch a syndicate-in-a-box, Syndicate 4747.Carbon will start writing business, effective July 1, 2020, with stamp...
Apr 22 2020 // Insurance and reinsurance broker Aon has received accreditation from Lloyd’s for its reinsurer trading portal, ABConnect Placements.Following the recent deployment of Aon’s binding function, the Lloyd’s...
Apr 21 2020 // AXA XL announced a new leadership team and proposed changes to the operating model of its Insurance business following a strategic review.Key proposed changes to the operating model include the creation of a single global...
Apr 20 2020 // Lloyd’s of London is collating details of insurers’ business interruption coverage for the Prudential Regulation Authority and is in discussions about a government backstop to cover future pandemics, it said in...
Apr 15 2020 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that as part of the ongoing transformation of Sompo International, the insurer will be...
Apr 9 2020 // Lloyd’s has selected 12 insurtech startups to participate in its innovation accelerator, Lloyd’s Lab.The 12 teams were chosen out of more than 190 applications, received from across the world, for the fourth...
Apr 6 2020 // While announcing a return to profit of £2.5 billion (US$3 billion) for 2019, Lloyd’s also affirmed that the market is in a strong position to respond to the impacts of COVID-19.Lloyd’s return to profit was the...
Apr 6 2020 // Lloyd’s insurers face COVID-19 related claims from approximately 14 categories of insurance, said Chief Executive Officer John Neal during a media call to discuss the market’s 2019 results.Neal said it is too...
Apr 3 2020 // Like everyone else, Peter Lacovara is coping with COVID-19, working at home to limit contagion to the coronavirus and stay healthy. He’s also plugging away trying to keep businesses healthy, as well.In his role as a...
Apr 3 2020 // Fitch Ratings has placed Lloyd’s of London’s ‘AA-‘ Insurer Financial Strength (IFS) ratings on rating watch negative, on the uncertainty and increased risk to Lloyd’s earnings and underwriting...