Latest Lloyd's Headlines

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

Lloyd’s Comments on its World Cup Predictions; Saw Germany as Winner

Jul 15 2014 // A bulletin on the Lloyd’s website asks “how did our insurable value measures fare as predictors of success on the pitch,” following the conclusion of the World Cup in Brazil?Lloyd’s said its...

Chicken Producer, London Insurers Battle Over ‘Recall’ Definition

Jul 9 2014 // Foster Farms and its London insurers are facing off over the definition of “product recall” as the poultry producer seeks payment of $14.2 million in claims arising from a government-mandated shutdown of one of...

Hiscox London Market Names Zelenoy to Build Lloyd’s Business in Brazil

Jul 8 2014 // Hiscox London Market announced plans to build its “on-the-ground presence in Brazil” with the appointment of Simon Zelenoy to develop its London Market business in Brazil.Hiscox said he “will be...

Lloyd’s Underwriters Find Success with U.S. Subsidiaries: SNL

Jul 7 2014 // Insurers Hiscox Ltd., Beazley Plc and Catlin Group Ltd. are reaping the benefits of the U.S. market, according to a report from SNL Financial. SNL data shows how the three companies with significant participation in the...

NYRR Received $15M for Cancelled Marathon: Report

Jul 7 2014 // The New York Road Runners (NYRR), a nonprofit group that organizes the annual New York City Marathon, received $15 million in an insurance payout from its insurers, Lloyd’s of London and its syndicates, for the...

Report: NYRR Received $15M for Cancelled NYC Marathon in 2012

Jun 24 2014 // The New York Road Runners (NYRR), a nonprofit group that organizes the annual New York City Marathon, received $15 million in insurance proceeds from Lloyd’s of London for the cancelled New York City marathon in...

Ratings Recap: AEGIS, Lloyd’s Syndicate 1225, PaCRe

Jun 19 2014 // A.M. Best has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-” of Bermuda-based Associated...

Ryan Specialty Group Announces Landmark Healthcare Partnership With Lloyd’s Underwriters

Jun 17 2014 // Chicago, IL – 6/17/14 – Ryan Specialty Group, LLC (RSG) announces the formation of RSGUM Healthcare, a new healthcare and life science underwriting facility, in partnership with some of the strongest and most...

Ryan Specialty Group Launches Healthcare Partnership with Lloyd’s Underwriters

Jun 16 2014 // Ryan Specialty Group, LLC (RSG) has formed RSGUM Healthcare, a new healthcare and life science underwriting facility, in partnership with the healthcare and life science underwriters at Lloyd’s of London....

Lloyd’s Tallies Insurable Value of World Cup Teams, Predicts Winner

Jun 13 2014 // Lloyd’s has released research with the Centre for Economics and Business Research (Cebr) that ranks each team in the FIFA World Cup based on the collective insurable value of each country’s players. The total...

Fitch Upgrades Lloyd’s Ratings to ‘AA-‘; Outlook Stable

Jun 11 2014 // Fitch Ratings announced that it has upgraded Lloyd’s of London’s Insurer Financial Strength (IFS) rating to ‘AA-‘ from ‘A+’, and has also upgraded the Society of Lloyd’s Long-term...

Declarations

Jun 2 2014 // Sandy Recovery Program Scams“Our Statewide Sandy Fraud Working Group is pursuing aggressive criminal and civil actions against those who allegedly sought illegal profits in the wake of this national disaster.”...

Savage to Leave; Lloyd’s Announces Changes in Finance, Operations

May 23 2014 // Luke Savage, who has been Lloyd’s Director of Finance and Operations for ten years, will be stepping down from Lloyd’s later this summer, to become Chief Financial Officer of Standard Life.In connection with...

Lloyd’s U.S. Chief on Board with Climate Change

May 22 2014 // Despite risking offense to non-believers, Hank Watkins didn’t hesitate when he was asked if climate change was upon us.Watkins, president of Lloyd’s America, talked about an extensive report Lloyd’s of...

Lloyd’s Appoints Hu to Council; McGovern, Griffiths to Franchise Board

May 20 2014 // Lloyd’s has announced three appointments with immediate effect. Fred Hu will join the Lloyd’s Council and Joy Griffiths and Sean McGovern will join the Franchise Board.The bulletin described Hu as a...

With Kentucky Law, Lloyd’s to Be Surplus Lines Eligible in All 50 States

May 14 2014 // Lloyd’s of London underwriters will have surplus lines eligibility in Kentucky when new legislation there goes into effect in July, meaning they will have surplus lines eligibility in all 50 states.It also means...

Lloyd’s Report Says Climate Change Should Be a Constant Consideration

May 8 2014 // “Climate change is real and we need to factor it into all future catastrophe modelling” – that’s the conclusion of a new report published today by Lloyd’s. The report: ‘Catastrophe Modelling...

Catalina Holdings’ Glacier Re to Handle Delta Lloyd’s Legacy Marine Liabilities

May 8 2014 // Catalina Holdings (Bermuda) Ltd. has announced that it has signed a definitive agreement with Delta Lloyd Group under which a portfolio of marine insurance liabilities in run-off will be reinsured by Catalina’s...

ACE Expands Global D&O Coverage Through Lloyd’s Syndicate

May 1 2014 // ACE Group has launched ACE 2488 Global D&O, an enhanced global directors & officers (D&O) liability insurance proposition for multinational organizations. Adding Lloyd’s coverage through ACE Syndicate...

Lloyd’s Focuses on Brokers, MGA’s, Capital in New Details for ‘Vision 2025’ Plan

Apr 21 2014 // Lloyd’s has published a more detailed strategy for 2014-2016, setting out how it will work towards achieving its goals, embodied in its “Vision 2025” Plan, which details “how the Corporation will...