All the headlines from our Lloyd's Topic Page, ordered by recency.
Apr 19 2004 // Ten present-day descendants of slaves who were transported from Africa in the 18th and 19th centuries have filed a lawsuit against R.J. Reynolds Tobacco Co., Fleet Boston Financial Corp. (as successor in interest to the...
Apr 19 2004 // Ten present day descendants of slaves, transported from Africa in the 18th and 19th centuries, have filed a law suit against R.J. Reynolds Tobacco Co., Fleet Boston Financial Corp. (as successor in interest to the...
Apr 15 2004 // Risk Management Solutions (RMS), a provider of products and services for catastrophe risk management, has issued a set of instructions and tools to assist Lloyd’s syndicates in completing the 2004 Lloyd’s...
Apr 8 2004 // Standard and Poor’s Ratings Services announced that its ‘A’ insurer financial strength rating on Lloyd’s will not be affected by the company’s 2003 pro forma annual accounting result (See IJ...
Apr 8 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Bermuda-based Catlin Insurance Company Ltd. (CICL) (Bermuda) and its Syndicate Rating of Lloyd’s Syndicate...
Apr 8 2004 // Arrested in London late last year after more than a decade as a fugitive, Nofio Pecoraro Jr., 53, has been extradited to face trial on federal charges connected to his family’s failed insurance company.According to...
Apr 7 2004 // While other insurers had a good year in 2003, Lloyd’s had a great one. The 300 year old insurance market projected 2003 profits on an annualized basis of $3.387 billion. On the old three-year system the 2003...
Apr 5 2004 // The Protector Group Insurance Agency of Worcester, Mass., has three new additions to its management staff. Grace H. Marrano is the new employee benefits manager. She is responsible for managing employee benefits account...
Mar 31 2004 // In a speech to Italian insurance leaders in Milan yesterday, Lloyd’s Chairman Lord Peter Levene addressed industry problems, and sounded a distinctively positive note on Lloyd’s prospects.“Last year, the...
Mar 30 2004 // Ten present day descendants of slaves, transported from Africa in the 18th and 19th centuries, have filed a lawsuit against R.J. Reynolds Tobacco Co., Fleet Boston Financial Corp. (as successor in interest to the...
Mar 29 2004 // Lloyd’s has taken an additional step to try and cash in on what is arguably the best known name in global insurance. News reports (compiled by Reuters and Yahoo) note that the 300 year old London market has hired the...
Mar 23 2004 // Lloyd’s runoff vehicle Equitas and Travelers Property Casualty have reached a comprehensive settlement of policies existing between Travelers and the Lloyd’s underwriters who are reinsured by Equitas.Equitas...
Mar 19 2004 // A.M. Best Co. announced that it has affirmed its “A+” (Superior) Syndicate Rating of Lloyd’s Syndicate 1414 with a stable outlook.“The rating reflects explicit support from American Home Assurance...
Mar 18 2004 // Chancellor Gordon Brown’s 2004 U.K. budget proposals will help schools with extra cash and retired persons with tax breaks, but not civil servants, as the budget plans on cutting some 40,000 jobs. While the U.K. will...
Mar 15 2004 // Moody’s Investors Service announced that it has downgraded the A1 Insurance Financial Strength Rating (IFSR) of Lloyd’s syndicate 1007, SVB Syndicates Limited, to A2 and assigned a stable outlook. It also...
Mar 12 2004 // Moody’s Investors Service’s latest forecasts for the Lloyd’s of London insurance market indicate that Lloyd’s could record profits totaling around £6 billion ($10.8 billion) for the 2002 to 2004...
Mar 10 2004 // Lloyd’s announced that Philip Lader, former U.S. Ambassador to the United Kingdom, is to join the Council at Lloyd’s, the ultimate governing body of the market.Lader served as U.S. Ambassador to the U.K. from...
Mar 10 2004 // Lloyd’s announced that two U.S.-based brokers have been honored for their outstanding achievements in 2003.Gary Cooney of McGriff, Seibels & Williams was named US Surplus Lines Broker of the Year and John...
Feb 11 2004 // Lloyd’s announced that its Kinnect data transmission platform has just handled its first “open market” risk placement – a “complex open market risk” placed by Willis with Amlin last...
Feb 4 2004 // Lloyd’s Chairman Lord Peter Levene does not mince words. So, while he reflected on 2003 as a relatively benign, and for Lloyd’s a very profitable, year, his audience at a meeting of the City Forum in London sat...