All Lloyd's of London articles – Page 5
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News
Lloyd’s of London backs FCA BI test case ruling
Lloyd’s of London has welcomed the FCA test case ruling as it will “bring coverage clarity for many policyholders with certain non-damage business interruption cover extensions. This is according to a statement released by Lloyd’s.
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People & Opinion
Lloyd’s Appoints US Market Development Director
Lloyd’s today announced the appointment of Uwe Schoberth as US Market Development Director, a newly created role focused on expanding strategic relationships with retail, wholesale and reinsurance brokers in its largest market.
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News
Lloyd’s of London expecting to pay out £5bn in claims, despite reporting stronger solvency position
Lloyd’s of London expects to pay out up to £5bn in Covid-19 customer claims on a gross basis, with £2bn of this figure being reinsured. It announced a loss of £0.4bn pre-tax for the first six months of 2020, compared to £2.3bn in 2019.
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News
Lloyd’s of London becomes target for climate campaigners as underwriting room reopens
As Lloyd’s of London reopens its underwriting room today, campaigners voiced their concerns at its doors, urging the insurance marketplace to drop insurance and investments in coal and tar sands projects. Lloyd’s of London workers were met with some climate protesters raising their concerns as they returned to work after ...
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