All the headlines from our Lloyd's Topic Page, ordered by recency.
Jan 28 2014 // The Oasis Loss Modelling Framework has unveiled what it describes as “the most significant development in the modelling of natural catastrophe losses for 20 years”— the launch of an independent, global, open...
Jan 3 2014 // An article on the Lloyd’s website notes that “industrial facilities from nuclear plants to dams are increasingly coming under attack from cyber terrorists bent on causing physical damage and disruption from...
Dec 17 2013 // Global specialty insurer Torus announced from its office in London that its Syndicate 1301 business plan for 2014 has been approved by Lloyd’s. “The plan increases the syndicate’s capacity to £180...
Dec 16 2013 // Lloyd’s has announced the appointment of Inga Beale as its new CEO. She will take over on the first of January, when current CEO Richard Ward steps down at the end of December, and will be the first woman to serve as...
Dec 11 2013 // The XL Group has appointed Lewis Goodearl as Chief Underwriting Officer UK P&C for its Lloyd’s business. He joins XL from Liberty Mutual Insurance where he was Vice President and Wholesale Manager, responsible...
Dec 5 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Hiscox Insurance Company (Bermuda)...
Dec 5 2013 // Tokio Marine Europe and Kiln, both of which are part of the Tokio Marine Group, announced their intention yesterday to join forces to form a new combined operation as of the first of January 2014, subject to regulatory...
Dec 2 2013 // Aon plc. announced that Dominic Christian, CEO of Aon UK Ltd and Executive Chairman of International at Aon Benfield, has been elected to the Council of Lloyd’s for a three-year term beginning February 1, 2014. The...
Nov 4 2013 // San Diego, CA, 11/4/13 – Atlas General Insurance Services, LLC, is pleased to announce that it has formally completed the “tribunalization” process with Lloyd’s of London. This authorizes Atlas as a...
Oct 21 2013 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Puerto Rico-based QBE Optima Insurance Company, both with stable outlooks. The...
Oct 17 2013 // Aon Benfield’s Analytics’ Market Analysis team has updated its report on Lloyd’s to reflect the latest financial figures for the first half of 2013 and business position going into 2014.Key figures in the...
Oct 6 2013 // Lloyd’s CEO Richard Ward is stepping down from the post at the end of the year. Despite the catastrophes of 2005 and 2011, the two costliest years in the industry’s history, as well as the financial crisis, he...
Sep 27 2013 // Stephen J.O. Catlin has led the company/group that bears his name since 1984. He’s seen it grow into the biggest syndicate at Lloyd’s with gross premiums written of $5.5 billion. He was the first to move the...
Sep 27 2013 // Lloyd’s first six months results, released yesterday, were generally good. Profits were down slightly at £1.38 billion [[$2.222 billion] from £1.53 billion [$2.463 billion] for the first half of 2012, while gross...
Sep 26 2013 // Toby Esser is a truly global executive. As the CEO of Cooper Gay Swett & Crawford (CGSC), he coordinates the broker’s far flung operations in the UK, Europe, Asia and South America, as well as North America,...
Sep 26 2013 // Lloyd’s announced a profit of £1.38 billion [$2.215 billion] for the six-month period ending 30 June 2013. “The market continued to grow with gross written premium increasing 4.9 percent to £15.5 billion...
Sep 25 2013 // Birmingham, Alabama-based medical liability insurer ProAssurance Corp. will be the majority capital provider to the proposed new Syndicate 1729 at Lloyd’s of London.Its planned inception date is January 1, 2014. The...
Sep 23 2013 // R. Matthew “Matt” Fairfield, the Founder and CEO of ANV, is the epitome of a global insurance executive. He lives in Spain, runs a company based in the Netherlands, which in turn runs a Lloyd’s syndicate...
Sep 23 2013 // Cooper Gay Swett & Crawford (CGSC) has announced the acquisition of independent Lloyd’s insurance and reinsurance brokerage group Newman Martin and Buchan (NMB), subject to regulatory approval from the UK...
Sep 23 2013 // Aon and Warren Buffett’s Berkshire Hathaway announced in March that they had negotiated the establishment of a “sidecar” facility to operate at Lloyd’s. The deal, which had been in the works for...