All the headlines from our Lloyd's Topic Page, ordered by recency.
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Apr 24 2018 // Most business on the Lloyd’s of London insurance market will be negotiated electronically by the end of next year, its chief executive Inga Beale said on Monday.The largest commercial insurance market in the world...
Apr 16 2018 // SIAA (Strategic Insurance Agency Alliance) has hired Gretchen Klemm as a contracts compliance manager at its Hampton, N.H., location.In this role, Klemm will manage day-to-day interactions with independent agency members...
Apr 3 2018 // The Lloyd’s Market Association (LMA) has announced four new members of its board, following a recent nomination process.Effective from the annual general meeting to be held on May 31, 2018, one new and three...
Apr 2 2018 // The Lloyd’s market’s pre-tax loss of £2 billion (US$2.8 billion) in 2017 was partly due to hurricanes and wildfires in the third and fourth quarters. But these losses were exacerbated by the continued...
Mar 29 2018 // Integro Insurance Brokers, the New York-based insurance brokerage and specialty risk management firm, announced it will acquire 100 percent of Hawkes Bay Holdings Ltd. (HBH), the privately owned parent company of Tysers...
Mar 26 2018 // Delegated authority specialist and Lloyd’s broker Endeavour Insurance Services has added new functionality, including Lineage compatibility, to its Advantage claims platform, further improving claims handling for...