All the headlines from our Lloyd's Topic Page, ordered by recency.
Mar 24 2010 // Lloyd’s announced overall pretax profits of £3.868 billion [$5.796 billion] for 2009, doubling the £1.899 billion [$2.84 billion] it reported for 2008. The record results were achieved despite ongoing...
Mar 24 2010 // A.M. Best Co. has withdrawn the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Electric Lloyd’s of Texas (Electric Lloyd’s) (Dallas, Texas) and assigned an...
Mar 16 2010 // A federal appeals court said Monday insurer Lloyd’s of London must pay claims related to alleged swindler Allen Stanford’s defense.Stanford, his former chief investment officer Laura Holt, and former accounting...
Mar 11 2010 // Lloyd’s Chairman, Lord Levene, visited Japan and South Korea last week where he opened the new Lloyd’s Japan office and hosted an event with Korean Re, titled – Lloyd’s – A Working...
Feb 24 2010 // Lloyd’s has been selected as one of the UK’s leading business brands – ranking first in the insurance sector and 40th overall – in the 2010 Business Superbrands survey.Lloyd’s pointed out that...
Feb 21 2010 // First Toyota, then Honda – who’s next? 2010 is not starting out as a good year for car companies. Japan’s Toyota Motor Corp. was already in the process of recalling approximately 8 million vehicles, due...
Feb 21 2010 // Cruise ships have been in the news a lot recently, but sometimes for the wrong reasons. Stories of passengers stricken with norovirus, or stranded in the Antarctic ice, are not what most people think of when it comes to a...
Feb 16 2010 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382, which is managed by Hardy Underwriting...
Feb 12 2010 // An article on the Lloyd’s web site (www.lloyds.com) points out that there are “around 1,500 active volcanoes in the world and, although deadly eruptions are rare, they can cause devastation to people and...
Feb 8 2010 // Lloyd’s has released its 2010–2012 Strategy after a detailed review. The bulletin noted that it had consulted “over 50 managing agents, brokers and market associations” in assessing the...
Feb 7 2010 // A U.S. federal judge ordered insurer Lloyd’s of London to pay for alleged swindler Allen Stanford’s defense. Stanford and three other defendants sued the insurer after Lloyd’s stopped providing coverage...
Feb 5 2010 // Following Lloyd’s approval, specialist Lloyd’s insurer Jubilee Managing Agency Limited has merged its auto coverage Syndicate 1231 and its property and personal lines Syndicate 5820 for the 2010 year of...
Jan 28 2010 // A.M. Best Co. has upgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of Royal & Sun...
Jan 27 2010 // A U.S. federal judge ordered insurer Lloyd’s of London Tuesday to pay for alleged swindler Allen Stanford’s defense.Stanford and three other defendants sued the insurer after Lloyd’s stopped providing...
Jan 25 2010 // Markel International has appointed Simon Wilson to the role of director, international development. He joins Markel International from Lloyd’s. For the last three years, he was Lloyd’s general representative in...
Jan 24 2010 // A recently announced plan by New York’s governor to boost his state’s financial services industry by recreating the New York Insurance Exchange has drawn the attention of insurance industry executives and...
Jan 24 2010 // The tragedy in Haiti is a reminder of how fragile life can be in developing countries.Despite the massive loss of life and widespread destruction in and around the capital Port-au-Prince, vital rescue efforts have been...
Jan 10 2010 // New York regulators are aggressively pursuing plans for a reincarnation of the New York Insurance Exchange and expect to finish assembling a “working group” of industry insiders within the next two months who...
Jan 8 2010 // Jeff Ward, a director of London Market reform technology specialists TriSystems, and his colleagues have been busy lately. They’ve been working on the latest version of an electronic communications service for...
Jan 7 2010 // The start of a new decade is always a time to take stock in what the past has brought, and what the future may bring. As part of its “360 Risk Insight” series, Lloyd’s of London queried “a cross...