All the headlines from our Lloyd's Topic Page, ordered by recency.
Dec 18 2007 // Lloyds’s insurer, Marketform Group Limited, which specilizes in non-US medical malpractice and other specialty lines, announced that American Financial Group Inc. (AFG) is to become the majority shareholder in its...
Dec 14 2007 // The boards of Tokio Marine & Nichido Fire Insurance Co., Ltd. (TMNF), the main operating companies of Japan’s Millea Group, and Bermuda-based Kiln Ltd. , a major Lloyd’s insurer, announced that they have...
Dec 13 2007 // Lloyd’s has published its new 2008 – 2010 Three-Year Plan, which aims to build on its past success. CEO Richard Ward praised the achievements of Lloyd’s to date but urged caution as market conditions...
Dec 12 2007 // Lloyd’s Director & General Counsel Sean McGovern, called Florida’s decision to explore making changes in the collateral insurance requirements for foreign, or “alien,” reinsurers, such as...
Dec 11 2007 // Lloyd’s held its first ever seminar on nanotechnology on Monday, Dec. 10. The conference was organized in cooperation with the Lighthill Risk Network, (http://www.lighthillrisknetwork.org), a non-profit organization...
Nov 30 2007 // In an article on the Lloyd’s web site Franchise Performance Director Rolf Tolle noted that “Lloyd’s companies are demonstrating a strong commitment to managing the underwriting cycle as market conditions...
Nov 26 2007 // The insurance industry is normally concerned with the very large – hurricanes, earthquakes, fires, etc.- but there’s increasing awareness that it should also be concerned about the very small. Nanotechnology is...
Nov 19 2007 // Kiln’s Chief Executive Edward Creasy in his speech to the Insurance Institute of London (IIL) this week, sent a strong, and much needed message. As reported on the Lloyd’s web site (www.lloyds.com) , he said...
Nov 13 2007 // Lloyd’s has released a research report on China’s rapidly developing insurance market, which it said “explores the key trends in the Chinese non-life insurance market and the opportunities they present...
Nov 8 2007 // “The world is changing at an exponential rate but this is not something we should fear. It is something that we should embrace and be prepared for,” Lloyd’s CEO Richard Ward told his audience at the...
Nov 8 2007 // Sean McGovern, Lloyd’s Director and General Counsel, accused the opponents of reforming the U.S. collateral trust rules on reinsurance of introducing the “latest red herring” into the debate.In a strongly...
Nov 5 2007 // Threats from terrorists have become a subject nobody can ignore – least of all the insurance industry. To meet those threats requires knowing who the terrorists are and how they operate. Lloyd’s recent seminar...
Nov 4 2007 // Valiant Insurance Group Inc. announced that John N. DiBlanda has joined its U.S. property and casualty insurance operations as chief financial officer and chief operating officer.Prior to joining Valiant, DiBlanda served...
Nov 4 2007 // Collateral conundrum: To change or not to changeN.Y. steps out as first state to deliver level playing field for all reinsurers New York State Insurance Superintendent Eric Dinallo’s proposal that the highest rated...
Oct 30 2007 // Munich Re is acquiring the UK Company MSP Underwriting Ltd. for a figure it said is in the “mid double-digit million Euro range.” MSP Underwriting Ltd. owns both the Lloyd’s managing agency Beaufort...
Oct 29 2007 // Standard & Poor’s Ratings Services commented on an announcement by the Bermuda-based Everest Re Group Ltd. (A-/Negative/–) and related subsidiaries (collectively referred to as Everest). Following its...
Oct 19 2007 // Stephen Matanle, Global Placement Leader at Marsh and chairman of the London Market Insurance Brokers’ Committee (LMBC), is to become Chairman of the London Market Reform Group (MRG). He will take over from Brit...
Oct 19 2007 // Lloyd’s of London, which has been pressuring for a change in New York’s reinsurance regulation for years, reacted positively to the proposal by New York State Insurance Superintendent Eric Dinallo to amend the...
Oct 18 2007 // Lloyd’s has announced the launch of its new graduate recruitment program in an expanded effort to “recruit fresh talent and ideas to the insurance industry.” The program is scheduled to run for 18 months...
Oct 17 2007 // He’s said it before, and he’s said again. In a forceful open letter printed in the Financial Times (FT), Lloyd’s Chairman Lord Peter Levene wrote that it is “extraordinary that the US does not offer...