Latest Lloyd's Headlines

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

Lloyd’s Index Shows $92B at Risk in North American Cities Each Year

Jul 2 2018 // Cities in the U.S. and Canada stand to lose $92.96 billion per year to risks like market crash, cyber attack and flood, an index from Lloyd’s shows.Lloyd’s newly issued City Risk Index, which produces estimates...

Lloyd’s CEO Beale to Exit Next Year

Jun 29 2018 // Lloyd’s of London today announced that Chief Executive Officer Inga Beale will step down next year after leading the global insurance and reinsurance market for five years.An exact departure date has not yet been...

Modernization, Underwriting Systems & Brexit Top COO Priorities: Lloyd’s Market Assn.

Jun 25 2018 // Market modernization, underwriting systems upgrades and Brexit preparations are the top three 2018 priorities of Lloyd’s market chief operating officers (COOs), a survey commissioned by the Lloyd’s Market...

Russia World Cup Insurance Premiums Rise on Risks of Terrorism, Hooliganism

Jun 14 2018 // The risk of terror attacks and damage from hooligans has pushed up premiums for businesses and players buying insurance for the soccer World Cup in Russia compared to the previous event in Brazil, brokers and insurers...

Lloyd’s Lab Begins Global Search for Insurtech Talent

Jun 13 2018 // Lloyd’s Lab, the global insurance market’s new innovation sandbox, is launching a global search for tech talent to partner with the Lloyd’s market and develop solutions for its unique and rapidly changing...

Lloyd’s Uses Insurable Value Data to Predict France Will Win 2018 World Cup

Jun 12 2018 // Analyzing the collective insurable value of soccer players, Lloyd’s of London* predicts that France will be the winner of the 2018 World Cup, which will be held in Russia from June 14 to July 15, 2018. The research,...

Markel Gets License to Underwrite Reinsurance on Lloyd’s India Platform

Jun 12 2018 // Markel International, the specialist insurer, has been granted a license by the Insurance Regulatory and Development Authority of India to write reinsurance business in the country. Capacity will be provided by...

Integro Completes Acquisition of UK-Based Lloyd’s Broker Tysers

Jun 11 2018 // Integro Insurance Brokers, the New York-based insurance brokerage and specialty risk management firm, has completed its acquisition of Hawkes Bay Holdings Ltd. (HBH), the privately owned principal parent company of Tyser...

Lloyd’s Index Shows $92B at Risk in North American Cities Each Year

Jun 6 2018 // Cities in the U.S. and Canada stand to lose $92.96 billion per year to risks like market crash, cyber attack and flood, an index from Lloyd’s released today shows.Lloyd’s newly issued City Risk Index, which...

Lloyd’s Receives Approval for Brussels Subsidiary

May 23 2018 // Lloyd’s of London reported that it has received licence approval from the National Bank of Belgium for Lloyd’s Insurance Co.Lloyd’s Brussels will be able to write non-life risks from the European Economic...

Why Lloyd’s Chose Brussels for Post-Brexit Outpost: CEO Beale

May 21 2018 // Lloyd’s of London remains on schedule to have its post-Brexit outpost ready for business beginning in January 2019, CEO Inga Beale confirmed at a recent meeting of U.S. regulators in Washington,...

J.C. Flowers Buys Lloyd’s Brokers SSL and Endeavour; Two Agree to Merge

May 18 2018 // Lloyd’s and independent specialist marine broker SSL Insurance Group has agreed to merge with fellow Lloyd’s broker and delegated authority specialist Endeavour Insurance Services.The deal will conclude with...

Lloyd’s CEO Beale Urges Regulators to ‘Keep Up’ with Insurers’ Technology

May 17 2018 // As insurers try to innovate and address the rapidly changing needs of their clients, Lloyd’s of London CEO Inga Beale has a message for regulators who oversee them: “Try and keep up.”Beale, speaking May...

Lloyd’s Ends Ties with NRA Insurance Programs

May 10 2018 // Lloyd’s of London has directed its underwriters to terminate any insurance programs they have with the National Rifle Association (NRA) and to not enter into any new ones.“The Lloyd’s Corporation has...

Insurers Advance Post-Brexit Hub Plans Despite Promises of Transition

May 7 2018 // Lloyd’s of London, AIG, Allianz and other insurers are ignoring assurances and establishing new hubs in Britain and the European Union before Brexit in March 2019 to ensure access to customers.The moves come despite...

New York Fines Lockton Over NRA Insurance; Continues Probe of Other Players

May 3 2018 // Insurance broker Lockton will pay a $7 million fine for administering National Rifle Association (NRA) member insurance programs in New York that officials say violate several state laws.The settlement with Lockton is the...

CFO Parry to Leave Lloyd’s After 17 Years

May 1 2018 // Lloyd’s of London announced today that Chief Financial Officer John Parry has decided to leave the corporation after 17 years. Parry joined Lloyd’s in August 2001. He was appointed chief financial officer in...

Beazley, Lloyd’s Broker, Bitfury Creating Blockchain Registry for Crisis Coverages

May 1 2018 // Insurer Beazley has partnered with three companies to build a blockchain-based registry that will manage insurance for crisis situations such as mass shootings, the companies told Reuters.The registry will use blockchain...

Lloyd’s Sees Insurance Helping Burgeoning Sharing Economy Grow

Apr 30 2018 // A new report commissioned by Lloyd’s of London finds a role for insurance in helping the sharing economy grow by clearly defining the risks in the peer-to-peer world. However, differing views on who should take on...

Lloyd’s Taps L Marks, Boston Consulting to Set Up Innovation Lab

Apr 26 2018 // Lloyd’s of London has chosen innovation specialist L Marks and The Boston Consulting Group (BCG) to support the set-up and operation of the Lloyd’s Lab, a technology center set to launch in the second half of...