All the headlines from our Lloyd's Topic Page, ordered by recency.
Jul 8 2013 // Ping An Insurance Group Co., China’s second-largest life insurer, agreed to buy the Lloyd’s of London building from a Commerz Real AG-managed fund, two people with knowledge of the transaction said.A Chinese...
Jul 8 2013 // On July 3, Richard Ward, chief executive officer of Lloyd’s, announced his intention to resign at the end this year.“This has not been an easy decision to make but, as Lloyd’s longest-serving CEO, I...
Jul 1 2013 // Swiss Reinsurance Co. and Lloyd’s of London, the world’s oldest insurance market, are among insurance companies being probed by New York’s insurance regulator about their compliance with an expanded Iran...
Jun 26 2013 // Aon Benfield Analytics’ Market Analysis team has released its latest Lloyd’s Update report, covering the market’s 2012 financial results and business position in 2013The report highlights the following...
Jun 25 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 1225, which is...
Jun 17 2013 // A large solar storm could leave tens of millions of people in North America without electrical power for several months, if not years, potentially costing trillions of dollars.That’s according to Lloyd’s...
Jun 13 2013 // Mitsui Sumitomo at Lloyd’s has affirmed its commitment to grow its Marine Liability business with the appointment of Simon Engelen as Class Underwriter.Engelen will join Mitsui Sumitomo at Lloyd’s later this...
Jun 13 2013 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Bermuda-based Heddington Insurance Limited, both with stable outlooks. The ratings...
May 23 2013 // “A large solar storm could leave tens of millions of people in North America without electrical power for several months, if not years, potentially costing trillions of dollars,” according to Lloyd’s...
May 3 2013 // Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to common shareholders of $190.5 million or $4.23 per diluted common share in the first quarter of 2013, compared to $201.4 million or $3.88 per...
Apr 16 2013 // A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 958, both with stable outlooks....
Apr 9 2013 // Lloyd’s announced the appointment of Henrique de Campos Meirelles as Nominated Member of the Council of Lloyd’s, the body responsible for the management and supervision of the Lloyd’s...
Apr 8 2013 // Ironshore International, a subsidiary of Ironshore Inc., announced that its Lloyd’s Pembroke Syndicate has been authorized by the Japanese Financial Services Authority to offer Representations & Warranties...
Apr 4 2013 // Two important shipping industry publications – Lloyd’s List and Containerisation International – have come together on one website in order to provide subscribers with a “one-stop-shop for news,...
Apr 2 2013 // Global specialty insurer Torus announced it has received approval from the UK Financial Services Authority and Lloyd’s to launch its own Lloyd’s managing agency, Torus Underwriting Management Limited –...
Mar 29 2013 // The insurer for a business at New Hampshire’s Hampton Beach has sued a utility, saying a February 2010 fire that destroyed a block of businesses was sparked by an electrical glitch.The suit says before the fire, an...
Mar 28 2013 // Lloyd’s announced an overall profit of $4.517 billion for 2012, making the $800 million loss in 2011, the costliest year on record for natural catastrophes, a fading memory.Controlled growth in 2012 saw gross written...
Feb 11 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623,...
Feb 5 2013 // Ironshore Europe Ltd. (IEL) announced that Jamie R. Lewis has joined the company as Senior VP –Healthcare. He will be, working closely with Matt Dolan, the president of IronHealth, and will be responsible for developing...
Feb 4 2013 // “A growing number of syndicates are using Lloyd’s platform by placing their own underwriters in China,” says an article on the Lloyd’s website. “This, along with a license granted in 2012 to...