All the headlines from our Lloyd's Topic Page, ordered by recency.
Sep 3 2013 // Former Lloyd’s Chairman Max Taylor Joins Pioneer Underwriting BoardRecently formed – April 2011 – Pioneer Underwriting Limited announced that industry veteran Max Taylor has been appointed as Chairman of the...
Aug 29 2013 // A New York regulatory investigation of Lloyd’s of London for possible violations of Iran sanctions law has led to a government request for files of an internal probe by the insurer, a person familiar with the matter...
Aug 9 2013 // A.M. Best Europe – Rating Services Limited has commented that the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 2010,...
Aug 7 2013 // UK non-life insurer Mitsui Sumitomo at Lloyd’s has hired two experienced underwriters as its Syndicate 3210 seeks to diversify its products and distribution to capitalize on significant international...
Aug 6 2013 // An article on the Lloyd’s of London website notes that the value of diamonds stolen in an armed robbery in Cannes on July 28 “has been estimated at nearly £90 million [€100 million, $133 million], making it...
Jul 26 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 Catlin Insurance Company Limited (CICL),...
Jul 23 2013 // Cooper Gay & Co Ltd, part of the Cooper Gay Swett and Crawford (CGSC) Group, has participated in the establishment of the first Lloyd’s of London coverholder plaque in the Bahamas, as the broker joined an event...
Jul 22 2013 // A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of...
Jul 22 2013 // Following a six-year tenure as Citizens Property Insurance Corp.’s chief financial officer, Sharon Binnun has accepted a position in the private sector. Binnun is joining Cypress Property & Casualty Insurance...
Jul 22 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...
Jul 18 2013 // Berkley Life Sciences, a global life sciences underwriter, has been accredited as a Coverholder, in conjunction with Berkley Global Underwriters, LLC, on behalf of Lloyd’s of London. As a Coverholder, Berkley Life...
Jul 12 2013 // Lloyd’s insurer Advent has named Nigel Fitzgerald as chief executive officer. The company said the appointment completes his planned transition to the CEO role since his arrival at Advent in November, 2012 as chief...
Jul 10 2013 // Texas-based The Woodlands Financial Group announced it has been approved as a coverholder at Lloyd’s of London, which authorizes its TWFG General Agency to enter into contracts of insurance and to issue insurance...
Jul 10 2013 // High taxation and new regulations are among the most pressing concerns for senior European company executives, according to a survey by Lloyd’s of London.The Lloyd’s Risk Index survey also found executives were...
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...