Latest Lloyd's Headlines

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

Torus Acquires Renewals of C.V. Starr for Continental Europe; Interview with Int’l. CEO O’Donohoe

Dec 5 2011 // Torus announced that it has entered into an agreement with Starr Underwriting Agents Limited whereby Torus Syndicate 2243 acquires the renewal rights to CV Starr Syndicate 1919’s Continental European Marine,...

Best Affirms Hiscox and Operating Companies ‘A’ Ratings; Outlook Stable

Nov 28 2011 // 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 Hiscox Insurance Company (Bermuda) Limited,...

LMA Highlights Training Academy Role with Baker Appointment

Nov 21 2011 // Ben Baker, the Lloyd’s Market Association’s (LMA) former Senior Underwriting Executive, has been promoted to the role of the organization’s Professional Standards Manager. He will take over from Terry...

Catlin, China Re Announce Strategic Partnership; New Lloyd’s Syndicate

Nov 18 2011 // Catlin Group Limited has announced the formation of a strategic partnership with China Reinsurance (Group) Corporation (China Re) that will result in the establishment of a special purpose syndicate at Lloyd’s of...

Insurance Innovators and Their Inspirations

Nov 7 2011 // There are lots of ideas out there. Some of them come to fruition but most do not. In business, success or failure of an idea often comes down to timing; sometimes other factors come into play.In other words, “not...

Lloyd’s Analyzes Baden-Baden Reinsurance Renewal Conclave

Nov 4 2011 // An article on the Lloyd’s website takes a look at the “insurance and reinsurance specialists,” who “converge in Baden-Baden to begin their ‘renewal season’ discussions in earnest and in...

Flagstone Re to Restructure Business; Sell Lloyd’s Operation

Oct 26 2011 // Flagstone Reinsurance Holdings has announced a number of strategic initiatives, which it said are “designed to realign the Company’s strategy and core capabilities.” Flagstone said it “intends to...

Ongoing Pirate Menace Triggers Special Coverage, Security Measures

Oct 25 2011 // “Pirates of the Caribbean” they aren’t. They are for the most part desperate men from a failed state that have discovered that one of the world’s oldest professions offers wealth and power, if...

Lloyd’s Insurer Omega Backs Haverford Offer

Oct 20 2011 // Insurance entrepreneur Mark Byrne pulled ahead in the race to buy Lloyd’s of London insurer Omega after Omega and its top shareholder backed his offer, prompting his main rival to withdraw.Omega, at the centre of a...

Best Affirms Lloyd’s Syndicate 2010, Cathedral Capital Ratings

Oct 18 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 2010, which is managed by...

Tech Chiefs Take on Standards, iPad, Light Bulb at Surplus Lines Conference

Oct 13 2011 // Thomas Alva Edison would have been glowing had he been at the “Technology Issues in the U.S. & U.K.” panel discussion at the annual National Association of Surplus Lines Offices (NAPSLO) conference in San...

Lloyd’s Enters Florida Reinsurance Market Under Reduced Capital Rule

Oct 7 2011 // Florida has added its first reinsurer from the United Kingdom to a list of reinsurers taking advantage of a state law that reduces reinsurers’ capital requirements.In an effort to attract more private capital to the...

FSA Changes Date for Solvency II Implementation, Lloyd’s, Aon Benfield Comment

Oct 7 2011 // On October 3, the UK’s Financial Services Authority (FSA) announced a revision to the dates on which it plans to implement the provisions of the European Union’s Solvency II regulations governing the insurance...

9 Years Later: Lloyd’s Chairman Peter Levene

Oct 3 2011 // Lord Peter Levene, chairman of Lloyd’s, is leaving the company after nine years at the helm. He is the longest serving Lloyd’s chairman in 125 years and oversaw tremendous change at the international insurance...

Sportscover: Providing Coverage for Sports and Leisure around the World

Oct 3 2011 // Sports and leisure activities are one of the most ubiquitous pass times the world over. Whether you participate, or just watch, virtually no one is far away from some form of sporting activity. It’s why sports, as a...

Lloyd’s Calls for Redrawing Disaster Roles in U.S. for Government, Private Insurers

Sep 27 2011 // Government intervention in the insurance market is putting the financial burden of natural disasters on U.S. taxpayers, according to a report by Lloyd’s of London, the global specialist insurance market.The report,...

Ryan Specialty Completes Acquisition of Lloyd’s Insurer Jubilee

Sep 26 2011 // Ryan Specialty Group, LLC (RSG) announced that it has completed the acquisition of specialist Lloyd’s insurer Jubilee Group Holdings Limited, “which currently operates two active Syndicates at Lloyd’s, a...

Ryan Specialty Group Completes Acquisition of Specialist Lloyd’s Insurer

Sep 23 2011 // Ryan Specialty Group LLC (RSG), based in Chicago, has completed the acquisition of specialist Lloyd’s insurer Jubilee Group Holdings Limited (Jubilee), the company announced.Jubilee currently operates two active...

Lord Levene to Receive Rarely Given Gold Medal for Services to Lloyd’s

Sep 22 2011 // Lloyd’s announced that its outgoing Chairman, Lord Peter Levene, who steps down on October 12, is “to receive a rarely-struck Gold Medal to mark his contribution to Lloyd’s during his nine years as...

Lloyd’s CFO Stresses Overall Strength after Record Loss

Sep 22 2011 // Lloyd’s of London reported the largest first half loss in its 323 year history yesterday, Sept. 21 – £697 million, or over $1 billion.However, Lloyd’s Chief Financial Officer, Luke Savage, was relatively...