All lloyd's articles
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Lloyd’s launches consultation on insuring lower-carbon economy transition
The Lloyd’s market has released a consultation on its roadmap for insuring the transition to a green economy.
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Canopius Asia CEO Newman takes up UK role
Mark Newman takes over as UK CEO of Canopius, departing his current role leading the London-based re/insurance carrier across Asia Pacific.
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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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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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Oka gets Lloyd’s ‘in principle’ approval for Asta-managed SIAB 1922
A new “syndicate in a box” gets the nod from Lloyd’s to go ahead, expecting to begin underwriting at the start of next year.
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Howden Ventures innovation hub launches with £500m capacity
New incubator backed by delegated underwriting capacity from backed by Lloyd’s underwriters, including Tokio Marine Kiln, Chaucer, and Liberty Specialty Markets. Its first investment was named as CetoAI, a marine technology firm.
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Lloyd’s rebounds with £3.9bn profit for H1 2023
The Lloyd’s market has released its interim results, including a combined ratio of 85.2%.
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Brazilian broker Latin Re gets Lloyd’s broking licence
Founded in 2019, Latin Re becomes the first Brazilian brokerage to secure a Lloyd’s licence.
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Lloyd’s veteran Peter Spires steps down as general counsel
Head of legal Claire Schrader assumes the role of general counsel at Lloyd’s on an interim basis.
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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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London market in the vanguard of Ukraine reconstruction plans
What has been agreed in London to support Ukrainian reconstruction? Marsh McLennan, Lloyd’s, Aon and VIG joined G7 Governments in pledging their support to rebuild Ukraine’s shattered economy.
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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.
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Opinion: Lloyd’s NHS plan flies in the face of rising exposure fears
You would be forgiven for thinking the last thing the industry would do is seek to increase its exposure to a future pandemic
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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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Coalition enters excess cyber market in the UK
The additional capacity will help more businesses get the coverage they need to protect themselves from digital risks
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Chaucer will “embed” ESG into underwriting model
The company intends to embed a pre-bind tool to determine the ESG score of prospective clients
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Antares Global names global CRO and COO
Faraz Khalid and James Linsao become global chief risk officer and global chief operating officer, effective immediately
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LSM names Mel O’Neill as London CUO
In her new role, she will report to LSM chief underwriting officer Rachel Conran