All the headlines from our Lloyd's Topic Page, ordered by recency.
Feb 7 2011 // Fraud is a fact of life for the insurance industry – part of the game so to speak. While some claims, as Lloyd’s notes in an article on its web site, may cause people to smile, the amount of money they cost the...
Feb 2 2011 // Lloyd’s of London has appointed Rodney Smith to serve as the regional director for Lloyd’s newly established Southeast region. Smith will be based in Atlanta, Georgia and be responsible for market development...
Jan 31 2011 // No direct threat to ships passing through the strategic Suez Canal waterway exists at the moment, despite unrest in Egypt, a senior official with London’s marine insurance market said on Monday.“We are not...
Jan 18 2011 // As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about...
Jan 10 2011 // Lloyd’s leaders have long warned that the “compensation culture” is steadily increasing the costs of legal actions in the UK, as plaintiffs’ lawyers pursue more actions and seek larger recoveries...
Jan 7 2011 // Mitsui Sumitomo at Lloyd’s, a leading UK insurer, has announced a string of new appointments that continues to strengthen its underwriting team.Chris Bottomley has been appointed as Underwriting Manager, Property and...
Dec 30 2010 // Lloyd’s year-end review shows that, like the rest of the industry it faced a number of challenges in a difficult year. Low interest rates diminished investment returns for insurers, while the soft market provided...
Dec 22 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A ‘(Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623, Lloyd’s...
Dec 20 2010 // December is often a time of reflection on what we’ve achieved, where we’ve stumbled and what lessons we will take forward into the New Year.When Lloyd’s published its three-year strategy earlier this...
Dec 17 2010 // Lloyd’s has appointed David Lang, former chairman of the market’s Claims Service Review Board, as the new head of claims. He replaces Kent Chaplin who is moving to Singapore to become the new head of...
Dec 17 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Lloyd’s Syndicate 2001, which is managed by...
Dec 17 2010 // Lloyd’s has appointed Kent Chaplin as the new head of its Asia Pacific operations based in Singapore, replacing Keith Stern who is now Lloyd’s regional manager for the UK and Ireland.From January 2011, Chaplin...
Dec 7 2010 // “Water scarcity is a pressing problem around the world – and not just in countries that have an arid climate,” warned Lloyd’s in its latest 360 Risk Insight report.“Water is a critical...
Dec 1 2010 // The world really gets no respite from global weather events. Just as the hurricane season draws to a close, the European windstorm season, which usually lasts around four months, starts up.In its examination of the onset...
Nov 24 2010 // “Risk-taking lies at the heart of business operations, and it can also lead to problems if not handled properly,” said Anil Puri, dean of Mihaylo College of Business and Economics at Cal State Fullerton. Thus,...
Nov 18 2010 // Lloyd’s has posted a warning on its web site that it has discovered it’s “subject to a recruitment scam (Recruitment Fraud) in which people are being offered fictitious employment opportunities with...
Nov 14 2010 // Accused swindler Allen Stanford may not use $100 million in a Lloyd’s of London directors and officers insurance policy to pay the lawyers defending him on charges of running a $7 billion fraud, a U.S. judge in Texas...
Nov 14 2010 // Sean McGovern, Lloyd’s general counsel and, since February 2010, the director of Lloyd’s North America, may still have time to pursue his favorite pastime – sailing – but he may find it more...
Nov 12 2010 // A.M. Best Europe – Rating Services Limited has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 609, which is managed...
Nov 11 2010 // A.M. Best Europe – Rating Services Limited has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 570, which is managed...