All Lloyd's of London articles
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News
Argenta to close Sydney office
Argenta Underwriting Asia, operating through Lloyd’s Australia, is to close its Sydney office, the company has said.
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Agile Lloyd’s Syndicate 2427 approved in principle
New syndicate-in-a-box to focus on niche and SME business written in domestic APAC markets, particularly liability, professional indemnity, accident and health, property and travel.
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NormanMax gets Lloyd’s ‘in principle’ approval for parametric Syndicate 3939 with Apollo
US parametric re/insurer gains the initial nod from the Lloyd’s Council to launch a new syndicate, focused on climate change-affected cat business.
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Lloyd’s provides Blueprint II progress update after ‘great’ 2022
’2023 will be an important year for the delivery of Blueprint II,’ says chief executive
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Lloyd’s reveals 2022 loss after paying out £21 billion in claims
With prices increasing by 8%, the Lloyd’s market has now seen 20 consecutive quarters of positive price improvement
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Lloyd’s names Bob James COO; doubles down on technology delivery
He will focus on aligning the Blueprint Two programme with the wider Corporation Operations function
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Ariel Re secures $270m in new capital citing ‘underwriting opportunities’
Part of the new funding comes via the Lloyd’s London Bridge 2 PCC, making Ariel Re its first sponsor
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Gallagher Re buys Optio-owned Lloyd’s broker
The newly acquired business will become part of the firm’s Global Programmes practice group
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Africa Specialty Risks approved as a Lloyd’s coverholder
ASR will begin by offering Political Violence and Terorrism cover across 47 African countries
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New casualty-focused MGA Casper to launch in the UK
It will operate independently as a sister entity of Miller, with capacity support from Argenta
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Lloyd’s appoints Andrew Brooks as deputy chair
Former Ascot chief executive commits to cementing Lloyd’s reputation as a ’hub for expertise for the future’
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Specialty MGA UK buys specialist crop and forestry insurer
Merger offers access to Lloyd’s and worldwide markets as investors focus attention on forestry for carbon sequestration
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LMA ‘sharply focused’ on supporting market’s transformation
Will lend its expertise to issues around systemic cyber, climate litigation, renewable energy and international wordings
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WTW launches new XOL cyber facility as ‘ransomware crisis’ continues
Broker offers up to $50m of Lloyd’s excess layer capacity, as firms continue to cite cyber risk as a top priority
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Zoomers and Millennials to play increasing role in market plans
Putting younger professionals at the centre of the London insurance market’s modernisation is LIIBA’s focus for 2023
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TMK launches 'all singing, all dancing' life sciences product
Policy includes intellectual property and cyber coverage in a first for the Lloyd’s market
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Sukoon syndicate-in-a-box gains DIFC approval
Led by Amey Masurkar, it will be the first SIAB to operate outside of London with the support of Lloyd’s DIFC
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WTW welcomes Lloyd’s Asia’s Tom Haddrill
He has been named regional head of Broking for Central and Eastern Europe, Middle East and Africa
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Next Gen platform will go live in February 2023
In 2022, PPL bound approximately 200,000 risks – three times the number before the pandemic
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Sompo completes sale of EAL to RiverStone
Sale of the run-off business is part of Sompo’s strategy to consolidate its UK presence into one company market platform