All Lloyd’s of London articles
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IGI UK: All change at Lloyd’s amid rapid MGA growth
Andreas Loucaides, CEO of IGI UK, talks about distribution, how trading in Lloyd’s opens up new opportunities, and the evolution of the MGA market.
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James Slaughter: Apollo’s CUO on the importance of vision and a ‘gin and tonic document’
‘This sector is a fabulous industry, but fraught with unsolved problems,’ says chief underwriting officer.
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Lockton Re appoints Mackay to lead Lloyd’s capital
New hire at the reinsurance broking arm of Lockton joins from Aon, where he was head of Lloyd’s relationships and held a senior role in its Aon Securities arm.
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Blenheim appoints Barber to grow its casualty book
Blenheim’s Lloyd’s Syndicate 5886 eyes casualty business with senior hire who previously led Chaucer’s liability division.
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Antares syndicate launches credit and political risks Lloyd’s consortium
The maximum line for the consortium will initially be $40m. Antares will lead with a 75% line with the remaining 25% provided by other Lloyd’s carriers.
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Probitas buy ‘win-win’ to accelerate ‘organic ambitions’ – Aviva’s Storah
Aviva’s purchase of Probitas gives the insurer instant ‘scale’ in the Lloyd’s market, says UKGI chief executive.
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Howden, SCOR launch carbon capture and storage insurance facility at Lloyd’s
The first-of-its-kind facility has SCOR as lead underwriter and other following markets at Lloyd’s have committed to support the facility, with further capacity anticipated, according to Howden.
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Envelop, Apollo launch cyber reinsurance Lloyd’s SPA
Dedicated cyber reinsurance Special Purpose Arrangement in partnership with Apollo Lloyd’s Syndicate 1971 launched on January 1 with Chris Baddeley as active underwriter.
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Aspen appoints Stanford interim UK CEO
Active underwriter from Aspen’s Lloyd’s Syndicate 4711 assumes the UK CEO role on a temporary basis.
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Trueman joins as CFC’s CUO
Former cyber head at Axis, Dan Trueman joins CFC as chief underwriter after the London market MGA announced management changes after a Lloyd’s investigation into undisclosed allegations of non-financial misconduct.
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Lloyd’s agrees deal with Ping An to stay on One Lime Steet to 2035
The iconic Lloyd’s building will continue to play host to the subscription re/insurance market for at least another decade, after a deal with its Chinese owner.
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Africa Specialty Risks launches at Lloyd’s with Apollo
ASR Syndicate 2454 aims to begin underwriting in March 2024, and will focus on underwriting business across Africa, which represents around 2% of Lloyd’s business globally.
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Two new members elected to Lloyd’s Council, both deputy chairs re-elected
Sean McGovern, CEO for the UK and Lloyd’s at re/insurer AXA XL, is one of those elected to the Lloyd’s Council.
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LMG makes apprentice drive to bring young talent to London market
”Our market is attractive to young people if you open the door to them”, said Sean McGovern, LMG chair.
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Lloyd’s reveals global economy exposed to $3.5trn major cyber attack
A systemic risk scenario from Lloyd’s focused on “a hypothetical but plausible cyber-attack”, with the US, China and Japan hardest hit.
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Polo, Aon get approval for wildfire Lloyd’s Syndicate 1996
The wildfire risk is the latest of Lloyd’s “Syndicate-in-a-Box” programme.
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Lloyd’s appoints Clement as its corporate affairs director
Rebekah Clement takes up what is a newly created role for Lloyd’s of London.
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Concrete returns from London market digital transformation – WTW
Analysis of 49 Lloyd’s syndicates showed early adopters showed a 6% improvement in their aggregate combined ratio, over those firms only just getting started on digital transformation.
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Howden, Fidelis MGU strike deal to transfer oil from tanker off Yemen
Tanker FSO Safer has been moored in a state of disrepair off war-torn Yemen since 2015, a ticking timebomb for an environmental disaster.
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Turk appointed to CUO role at Lloyd’s
Lloyd’s has appointed Rachel Turk, formerly head of strategy at London market re/insurer Beazley, to a new chief underwriting officer role for the insurance and reinsurance market.