Latest Lloyd's Headlines

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

Markets/Coverages: Lloyd’s Insurer Probitas Starts Underwriting Cyber

Jul 7 2022 // Probitas 1492, the Lloyd’s insurer, has started underwriting cyber insurance with Richard Taylor, head of Cyber & Technology, focusing the book of business on complex small-and-medium-sized enterprises (SME), up...

The Ingredients Needed to Perfect the GSI Recipe in the Lloyd’s Market

Jun 20 2022 // Thirty years ago, when you baked a cake for a kid’s birthday party, it was most likely from a box — just add oil, water, and maybe an egg. No heavy lifting required. But times, and people, have changed.Today,...

People Moves: Postlewhite Departs QBE Re; Lloyd’s Reappoints Chairman Carnegie-Brown; Liberty Specialty Appoints Pavie in France

Jun 17 2022 // QBE Re Reports Departure of PostlewhiteQBE announced that Steve Postlewhite, managing director QBE Re, is leaving the company following a four-year tenure. QBE gave no reason for what it said was Postlewhite’s...

Lloyd’s Broker Servca Launches Malta Office to Spearhead European Expansion

Jun 16 2022 // Servca, the independent Lloyd’s broker that specializes in non-standard medical, financial and professional lines insurance, announced the opening of an office in Malta to spearhead the expansion of its European...

Lloyd’s Is Working With UK, Global Regulators to Implement Russia Sanctions

Jun 1 2022 // Lloyd’s of London, the world’s oldest insurance market, said on Wednesday that it was working closely with British and international governments and regulators to implement global sanctions against...

Lloyd’s Broker Superscript Offers Insurance for Crypto, Digital Asset Businesses

May 13 2022 // Lloyd’s broker Superscript has launched a dedicated product for distributed ledger technology (DLT), digital asset, and blockchain businesses.The product, named Daylight, will help digital asset businesses secure...

People Moves: Canopius CUO Duffy to Retire Next Year; AXA XL Promotes Baker to Head of Construction, UK & Lloyd’s

May 12 2022 // Canopius CUO Duffy to Retire Next YearCanopius Group, the London-based global specialty re/insurer, announced that, after nearly 17 years of service, Group Chief Underwriting Officer Mike Duffy will retire in 12...

Florida Restaurants Go Hungry in Federal, State COVID Suits vs. Lloyd’s

May 12 2022 // Florida restaurants have had little success in recent lawsuits against Lloyd’s of London over insurance coverage for shutdowns during the COVID-19 pandemic.On Wednesday, Florida’s 3rd District Court of Appeal,...

Lloyd’s of London AGM to Go Virtual on Threat of Climate Protests

May 11 2022 // Commercial insurance market Lloyd’s of London is encouraging members of its 100-odd syndicates to attend its annual general meeting next week online rather than in person, due to the threat of climate protests.Since...

Lloyd’s Insurer Lancashire Sees Manageable Russia-Ukraine Losses

Apr 28 2022 // Shares in Lloyd’s of London insurer Lancashire jumped nearly 10% on Thursday as it estimated net losses in Ukraine at around $20-30 million and said further potential losses in the region were within its risk...

People Moves: Lloyd’s Names Hernandez Mkt. Dev. Mgr., Central America; Chaucer Taps Argenta’s Sheppard for Renewables; H.W. Kaufman Promotes Kaufman Davis

Apr 22 2022 // This edition of International People Moves details appointments at Lloyd’s, Chaucer, and H.W. Kaufman Group.A summary of these new hires follows here. Lloyd’s Names Hernandez Market Development Mgr., Central...

Update: Climate Change Protesters Disrupt Lloyd’s Headquarters

Apr 12 2022 // Climate change protesters in London have targeted insurance underwriting house Lloyd’s of London for its role in enabling fossil fuel projects.The City of London Police said they were aware of protests at...

New Lloyd’s Insurer Inigo Issues Inaugural Catastrophe Bond

Apr 8 2022 // Inigo Ltd., the new Lloyd’s insurer, has entered the catastrophe bond market for the first time, less than 18 months after the firm began writing its portfolio of specialty insurance and reinsurance.Montoya Re,...

People Moves: WTW Names Aon’s Day as Head of Int’l Property; TMK Hires Spyropoulos From Lloyd’s as Asia Regional MD; HDI Global Mexico Makes Management Changes

Apr 7 2022 // This edition of International People Moves details appointments at Willis Towers Watson (WTW), Tokio Marine Kiln (TMK), and HDI Global.A summary of these new hires follows here. WTW Names Aon’s Day as Head of...

Lloyd’s Lab Selects 11 Insurtechs to Test Decarbonization, Climate Change Solutions

Mar 31 2022 // The Lloyd’s re/insurance marketplace announced the next 11 insurtech start-ups that will join the eighth cohort of the Lloyd’s Lab in its 10-week program.Lloyd’s Lab, the market’s innovation...

Lloyd’s CEO Neal Hospitalized After Serious Bike Accident

Mar 29 2022 // Lloyd’s CEO John Neal was involved in a collision with a car while riding his bike on Saturday, March 26, Lloyd’s said in a statement. Neal sustained serious injuries and is undergoing treatment in hospital,...

Lloyd’s Expects ‘Major Claim’ From Russia-Ukraine War, Reports ‘Strong’ Profit in 2021

Mar 24 2022 // Lloyd’s, the world’s leading insurance and reinsurance marketplace, announced “a strong return to profitability” in its 2021 full year financial results, with an overall profit of £2.3 billion...

Oman Insurance Co. Receives Nod to Underwrite via Lloyd’s Syndicate-in-a-Box

Mar 17 2022 // Oman Insurance Co. (OIC) and Asta, the third-party managing agent at Lloyd’s, announced that OIC’s syndicate 2880 has received Lloyd’s approval to commence underwriting. Syndicate 2880 was launched under...

Lloyd’s Slaps Record Fine on Atrium Underwriters for Bullying, Harassment

Mar 16 2022 // Lloyd’s of London has fined syndicate member Atrium Underwriters over one million pounds ($1.31 million) for bullying and harassment, the largest fine it has imposed for misconduct, the commercial insurance market...

Russia, Belarus Represent Less Than 1% of Business Transacted by Lloyd’s

Mar 15 2022 // Russia and Belarus represent less than 1% of business transacted by Lloyd’s of London, the commercial insurance market said, adding that it would look to curtail Russian exposure in several of its specialist...