Best Read Lloyd's Headlines

Headlines from our Lloyd's Topic Page with the most time spent reading.

#1 Lloyd’s Focuses on Delegated Authority Arrangements as Looming Market Risk

Oct 3 2024 // While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is carefully monitoring areas where potential vulnerabilities have been identified.During a recent...

#2 Lloyd’s Reports Banner Year in 2023 but ‘Disciplined Underwriting’ Must Be Maintained

Mar 11 2024 // Lloyd’s strong 2023 results reaffirm the primacy of underwriting, “but it’s one year and therefore not a reason for complacency,” said Patrick Tiernan, chief of markets, in a market message to...

#3 Court Orders Texas Adjuster to Cease Using Lloyd’s Trademarked Names

Feb 9 2024 // A Texas public adjuster committed willful infringement when he formed a corporation and a limited liability company with the names “Certain Underwriters at Lloyds London, Inc.” and “Certain Underwriters...

#4 Hard Market ‘Supercycle’ Likely to Be Prolonged: Lloyd’s CEO Neal

Sep 6 2024 // Now that the market has achieved a first-half profit of £4.9 billion with a combined ratio of 83.7—its best interim results in 17 years—does this mean the hard market cycle is ending?During a media briefing to discuss...

#5 Baltimore Bridge May Trigger Historic Marine Loss, Lloyd’s of London Says

Mar 28 2024 // Insurance payouts for Tuesday’s collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to Lloyd’s of London Chief Executive Officer John...

#6 Inigo Owners Said to Weigh Options for Lloyd’s of London Insurer

Dec 4 2024 // The owners of Inigo Ltd. are exploring options for the British specialist insurance group including a potential sale, according to people familiar with the matter.The shareholders, which include buyout firm JC Flowers...

#7 Agile Underwriting Gets ‘In-Principle’ Approval to Launch Lloyd’s Syndicate

Mar 18 2024 // Agile Underwriting Services has received “in-principle” approval from Lloyd’s to create Agile Syndicate 2427, subject to regulatory approvals. Syndicate 2427 will be established under the...

#8 Lloyd’s CEO Neal Appointed Aon CEO of Reinsurance, Chairman of Climate Solutions

Jan 8 2025 // Insurance broker Aon plc announced the appointment of John Neal as global CEO of Reinsurance and chairman of Climate Solutions, effective following the conclusion of Neal’s notice period at Lloyd’s of London...

#9 London Defers Tallest Tower Decision Amid Neighbors’ Objections, Including Lloyd’s

Jul 3 2024 // The City of London Corporation deferred a vote on plans for a new 73-story office tower next to the Gherkin that’s set to become the tallest building in the historic financial district.The City Corporation’s...

#10 Geopolitical Conflict Could Cost Global Economy $14.5 Trillion Over 5 Years: Lloyd’s

Oct 10 2024 // The global economy could be exposed to losses of US$14.5 trillion over a five-year period from the threat of a hypothetical geopolitical conflict causing widespread disruption to global trade patterns and supply chains,...

#11 Lloyd’s of London Trade Body Examines Planned Conduct Overhaul

Dec 16 2024 // Lloyd’s of London members have set up a working party to examine the commercial insurance market’s plans to overhaul its conduct rules, a trade body said on Friday, following criticism of the strengthened...

#12 Lloyd’s Insurers Don’t Expect Large Claims From Baltimore Bridge Collapse

May 2 2024 // Lloyd’s of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore’s Francis Scott Key Bridge in March that caused widespread disruption, they said on...

#13 People Moves: AXIS Taps Chubb’s Farrup to Lead Global Mkts, Succeeding Gregory; Agile’s Lloyd’s Syndicate Hires AXA XL’s Hughes for London Marine Operation

Jan 6 2025 // This edition of International People Moves details appointments at AXIS Capital Holdings and Agile Insurance Group.A summary of these new hires follows here. AXIS Appoints Chubb’s Farrup as Head of Global Markets,...

#14 Private Equity Firm Centerbridge Weighs Exit Options for £3 Billion Canopius at Lloyd’s

Jul 29 2024 // A consortium led by private equity firm Centerbridge Partners is exploring exit options including an initial public offering of Canopius Group in a deal that could value the Lloyd’s of London insurer at about £3...

#15 Apollo Launches Captive Syndicate at Lloyd’s

Jun 3 2024 // Apollo Syndicate Management Ltd., the Lloyd’s managing agent, announced the launch of the first captive syndicate to be launched under Lloyd’s revised captive syndicate model.The captive syndicate, which is...

#16 St. John’s Names Lloyd’s Exec Watkins to Head Greenberg Risk Management School

May 16 2024 // New York’s St. John’s University announced the appointment of Henry “Hank” Watkins Jr., regional director and president of the Americas at Lloyd’s, as executive director and associate dean of...

#17 Lloyd’s of London Must Stop Supporting Fossil Fuel Expansion, NGO Says

Oct 10 2024 // The Lloyd’s of London market is undermining climate action and should impose binding rules to prevent insurers supporting fossil fuel expansion, NGO Reclaim Finance said on Wednesday.Some European insurers, including...

#18 Clear Group Acquires Lilley Plummer Risks, Entering Wholesale Lloyd’s Broker Space

Oct 29 2024 // Clear Group, the UK independent insurance broker that is owned by Private Equity at Goldman Sachs Alternatives, has entered the wholesale Lloyd’s broker space with the acquisition of Lilley Plummer Risks Ltd., a...

#19 Lloyd’s Reports Best H1 Underwriting Profit Since 2007, With 83.7 Combined Ratio

Sep 5 2024 // The Lloyd’s insurance and reinsurance market reported overall profit before tax of £4.9 billion (US$6.4 billion), a 25.6% increase from the £3.9 billion (US$5.1 billion) reported during H1 2023.The combined ratio,...

#20 Lloyd’s Hits 35% Female Leadership Target, Says it Has a ‘Way to Go’

Mar 5 2024 // Lloyd’s of London has hit a short-term target of filling 35% of leadership roles with women, although less than half of firms in the commercial insurance market had hit the mark, it said on Tuesday.Lloyd’s said...