Latest Lloyd's Headlines

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

People Moves: AXA XL Promotes Pearman to New Role of CUO, Bermuda; Lockton Re Taps Former Aon Execs for Marine & Energy Division, Lloyd’s Capital Unit

Jun 10 2024 // This edition of International People details appointments at AXA XL and Lockton Re.A summary of these new hires follows here. AXA XL Promotes Pearman to New Role of Chief Underwriting Officer, BermudaAs part of its...

Lloyd’s Opening Miami Office to Support Growth in Latin America and Caribbean

Jun 6 2024 // Lloyd’s, the re/insurance marketplace, is opening an office in Miami from Sept. 1, 2024, with an aim to strengthen its Latin America and Caribbean business.The new office will enable Lloyd’s to realign its...

Apollo Launches Captive Syndicate at Lloyd’s

Jun 3 2024 // Apollo Syndicate Management Ltd., the Lloyd’s managing agent, announced the launch of the first captive syndicate to be launched under Lloyd’s revised captive syndicate model.The captive syndicate, which is...

People Moves: Howden Re Names Hearn as Chair, Global Clients Strategy; Ex-Lloyd’s CEO Beale Named Chair of Climate Consultancy South Pole

May 31 2024 // This edition of International People Moves details appointments at Howden Re and climate consultancy South Pole.A summary of these new hires follows here. Howden Re Names Hearn as Chair, Global Clients StrategyHowden Re,...

Markets/Coverages: Ariel Green Expands Tech Performance Ins. Consortium at Lloyd’s

May 29 2024 // Ariel Green, a division of Ariel Re, has expanded Lloyd’s first ever Technology Performance Insurance (TPI) Consortium.First launched in 2023, Ariel Green has renewed the consortium and grown the number of markets...

NormanMax Launches 1st Nat Cat Parametric Lloyd’s Syndicate, Managed by Apollo

May 22 2024 // NormanMax Insurance Holdings, the Miami, Florida-based parametric re/insurance group, has launched Lloyd’s Syndicate 3939, in partnership with third-party managing agent Apollo.NormanMax Syndicate 3939 is the first...

St. John’s Names Lloyd’s Exec Watkins to Head Greenberg Risk Management School

May 16 2024 // New York’s St. John’s University announced the appointment of Henry “Hank” Watkins Jr., regional director and president of the Americas at Lloyd’s, as executive director and associate dean of...

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...