All the headlines from our Lloyd's Topic Page, ordered by recency.
Feb 20 2008 // The slipcases at Lloyd’s are slowly going the way of the buggy whip. In a recent announcement the Market Reform Group (MRG) published details of the arrangements which, it said, “will see the end of paper...
Feb 19 2008 // Lloyd’s has published its fourth annual underwriting survey, which reveals that “managing the insurance cycle remains the most important issue for the industry in 2008 with 93 percent of underwriters believing...
Feb 14 2008 // A.M. Best Co. has affirmed its Syndicate Rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’ s Syndicate 382, which is managed by Hardy Underwriting Agencies Ltd....
Feb 14 2008 // Lloyd’s plans to expand in Brazil and is in the process of making a formal application to be an admitted reinsurer in the country. Its first representative office will be in Rio de Janeiro.Lloyd’s Chairman,...
Feb 11 2008 // Bermuda-based Quanta Capital Holdings Ltd. has announced that it has entered into an agreement for the sale of all of its interests at Lloyd’s to Chaucer Holdings PLC. The Company expects to close this transaction...
Feb 11 2008 // Singer Tom Jones denied a report he bought a $6.8 million insurance policy for his chest hair.The British tabloid, The Daily Mirror, reported the famed singer went to underwriters at Lloyd’s of London with the...
Feb 7 2008 // Lloyd’s announced that Lord Peter Levene has been re-appointed as Chairman of Lloyd’s. Ewen Gilmour and Graham White were re-appointed as Deputy Chairmen of Lloyd’s and Bill Knight was re-appointed as...
Jan 31 2008 // Sue Langley, Lloyd’s Director of Market Operations and North America, lauded the progress, detailed in a recently released report from the Lloyd’s Market Reform Group (MRG), which is charged with modernizing...
Jan 30 2008 // The ongoing crisis at the second largest French bank, Société Générale, has prompted Lloyd’s to remind the financial community of some unfortunate facts. The bank lost €4.9 billion, or $7.25 billion, after it...
Jan 28 2008 // In a brief announcement Lloyd’s confirmed that as of the 1st of January the underwriting capacity of its 75 operating syndicates totaled £15.95 billion ($31.66 billion). The syndicates are managed by 46 Managing...
Jan 27 2008 // An increasingly common complaint against the insurance industry charges that it is largely responsible for the disappearance of traditional events and activities due to the unavailability and/or the increasing cost of...
Jan 25 2008 // The recent “incident” at London’s Heathrow Airport (a British Airways Boeing 777 lost power just before landing and nearly crashed injuring several passengers) is not going to cause any significant rise...
Jan 15 2008 // In a controversial decision the government announced that it will approve “a building program for a new generation of nuclear power stations, citing environmental reasons and the need for energy security in a...
Jan 14 2008 // Miller Insurance Services Limited, an independent specialist insurance and reinsurance broker operating in the international markets and at Lloyd’s, announced that Richard Court has joined the Company, and will...
Jan 11 2008 // Houston-based insurer HCC Insurance Holdings has launched Lloyd’s Syndicate 4141 with an initial capacity of $24 million. It will write business on behalf of MultiNational Underwriters (MNU), the Indianapolis-based...
Jan 11 2008 // “GCube, the insurance entity spun out of Lloyd’s managing general agency WindPro, has opened its doors to business on both sides of the Atlantic,” notes a bulletin on the Lloyd’s web site...
Jan 9 2008 // A research study, commissioned by Lloyd’s and the Economist Intelligence Unit in 2007, found that “54 percent of business leaders felt that the risk to their company of political violence and terrorist activity...
Jan 7 2008 // Lloyd’s announced that it has become the first foreign entity to take advantage of a recent regulatory change in Chile’s insurance practice. Following the signing of a Free Trade Agreement in 2007...
Jan 4 2008 // An increasingly common complaint against the insurance industry charges that it is largely responsible for the disappearance of traditional events and activities due to the unavailability and/or the increasing cost of...
Jan 3 2008 // Houston-based HCC Insurance Holdings Inc. announced it acquired Indianapolis, Ind.-based MultiNational Underwriters LLC (MNU), which specializes in international life, accident and health insurance, offering coverage to...