All Lloyd's of London articles
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News
Verisk: Industry leaders warn on volatility, resilience, and a need for shared data standards
Executives from Lloyd’s, Aviva and Verisk used the Verisk Insurance Conference 2025 in London to deliver a shared message: insurance must brace for more volatility, adapt to rapid technological shifts, and adopt common standards to keep pace with the risks facing clients.
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OAK to open retro syndicate at Lloyd’s
Having gained approval in principle, newly formed Lloyd’s Syndicate 1440 is targeting approximately $75m GWP in its first year.
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Neal chooses AIG over Aon after Lloyd’s
A major U-turn sees John Neal joining AIG as president of the insurer, rather than joining broking firm Aon as previously announced.
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Arch promotes Bourrut Lacouture to lead Syndicate 1955 at Lloyd’s
Ondine Bourrut Lacouture steps into the role after playing a key part in the syndicate’s development, as Arch has tripled its stamp capacity since acquisition.
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Chaucer appoints Ray to lead renewable energy push
London market re/insurer Chaucer has appointed Jordan Ray as head of renewable energy and energy transition, as the Lloyd’s carrier looks to expand its footprint across the evolving energy market.
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Tiernan appointed CEO of Lloyd’s
Patrick Tiernan to succeed John Neal as chief executive of Lloyd’s of London from 1 June 2025.
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Martin Reith to join Acrisure, Volante at Lloyd's
Re/insurance veteran Martin Reith joins as executive chairman of Volante, a Lloyd’s business with extensive MGA operations.
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London market has ‘superpower’ to meet client needs against growing risks – Neal
‘We have a riskier world with the impact of Covid, war on land and the climate,’ says chief executive of Lloyd’s John Neal, speaking at an S&P event in London.
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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