All the headlines from our Lloyd's Topic Page, ordered by recency.
Oct 18 2004 // Lloyd’s announced that it plans to make its debut in the international debt markets, with an issue aimed at raising approximately £500 million ($902 million) of long-term subordinated debt.The announcement indicated...
Oct 13 2004 // A.M. Best Co. has assigned a “bbb+” debt rating to the forthcoming dated Subordinated Notes to be issued by the Society of Lloyd’s (United Kingdom). At the same time, A.M. Best has assigned an issuer...
Oct 4 2004 // The U.K.’s annual Insurance and Financial Services Conference, sponsored by the Chartered Insurance Institute (CII) and the Chartered Institute of Loss Adjusters (CILA), got underway Wednesday, Sept. 29. The...
Sep 27 2004 // Anyone who has ever visited Lloyd’s ultra-modern headquarters building on London’s Lime Street is struck by an odd anomaly. Despite the fact that every underwriter’s desk duly sports the obligatory...
Sep 21 2004 // Lloyd’s has released an advanced summary of remarks to be made by its Chairman, Lord Peter Levene, in a speech to Texas business leaders at the Houston Forum Monday night.Lloyd’s said Levene would urge industry...
Sep 20 2004 // When the outgoing president of the National Association of Surplus Lines Offices (NAPSLO), Jim Griffith, founded Princeton Risk Managers in 1974, organizers of the surplus lines association were convening in Florida to...
Sep 17 2004 // A.M. Best Co. announced that it 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 the U.K.’s...
Sep 9 2004 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A” (Excellent) of Lloyd’s Syndicate 3000, which is managed by Markel Syndicate Management Ltd. Best also affirmed the...
Sep 2 2004 // Lloyd’s announced that it has set up a special team of LMP (London Market Principles) slip auditors.“The team will work with businesses across the market to help them meet the 95 percent compliance target by...
Aug 27 2004 // A.M. Best Co. announced that it has assigned its Syndicate Rating of “A” (Excellent) to Lloyd’s Syndicate 1084, managed by Chaucer Syndicates Ltd., and an issuer credit rating (ICR) of...
Aug 19 2004 // A man who was on the lam for 11 years from Louisiana’s 1990s insurance scandals was sentenced on Aug. 18, 2004 to less than two years in prison, the Associated Press reported.Nofio Pecoraro Jr., 54, pleaded guilty in...
Aug 17 2004 // Lloyd’s announced it is opening a West Coast office based in Los Angeles, whose principal goal will be to enhance the Lloyd’s trading platform in four Western States: California, Oregon, Washington and...
Aug 13 2004 // Following the upgrade of the financial strength rating to “A” (Excellent) from “A-” (Excellent) of Lloyd’s of London and the assignment of an issuer credit rating (ICR) of “a” (See...
Aug 13 2004 // A.M. Best Co. announced that it has upgraded Lloyd’s financial strength rating to “A” (Excellent) from “A-” (Excellent), and has assigned an issuer credit rating of “a” with a...
Jul 22 2004 // Lloyd’s of London announced it has appointed Luke Savage as its new finance director.Savage has worked in investment banking for the last 17 years, including ten years at Morgan Stanley and three years at Lloyds Bank...
Jul 20 2004 // EnPro Industries of Charlotte, N.C., and London-based Equitas announced they have reached a comprehensive agreement to settle the current and future insurance claims of EnPro subsidiaries against certain underwriters at...
Jul 15 2004 // Nothing succeeds like success, and Lloyd’s recent successes have apparently attracted the attention of the world’s premier investor, Berkshire Hathaway’s Warren Buffett.Berkshire is sitting on a mountain...
Jul 5 2004 // Like a commercial airline scrambling to squeeze out a profit in the face of increased competition and skyrocketing fuel prices, many insurance agents find themselves caught in the downward spiral of another soft market...
Jul 5 2004 // Lloyd’s America revealed it is investigating allegedly bogus umbrella trucking liability policies reportedly placed through the Oakland, Calif.-based broker Ambassador Insurance Services and/or GIO International of...
Jul 5 2004 // Lloyd’s America has revealed exclusively to Insurance Journal that an investigation is currently underway for allegedly bogus umbrella trucking liability policies reportedly placed through the Oakland, Calif.-based...