All Lloyd's of London articles – Page 4
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Latest NewsLloyd’s of London joins Net-Zero Insurance Alliance to help curb climate change
Industry collaboration will be vital in ‘turning commitment into implementation and achieving real world outcomes - we have no time to lose’, says climate action champion
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Beazley receives in principle approval to establish ESG-centric syndicate
The syndicate will offer additional capacity to businesses performing well against ESG metrics
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Insurance Task Force reveals new Sustainable Products and Services Showcase
Task force members have developed a set of proposals to put before governments and regulators, aiming to combat climate change
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Coal Action Network organises climate memorial targeting Lloyd’s
Network spokesperson says ’it is time the insurance industry turns off the money pipeline for coal and dirty fossil fuels’
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Lloyd’s Insurance Company appoints new UK branch leadership
The appointment replaces current UK head Keith Stern
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MGA platform gains approval for new Asta-managed syndicate
The approved MGA platform will be ‘beneficial’ to the market, capital providers and distribution partners, says chief executive
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Lloyd’s sets target for a third of the market’s new hires to come from ethnic minority backgrounds
The market plans to mandate the collection of ethnicity data and promises to publish its ethnicity pay gap annually
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Dale Partners receives Lloyd’s in-principle approval for MGA creation
The move will fulfil the company’s desire to be ‘independent and fully accountable’ for its business
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Lloyd’s of London ‘won’t tolerate loss-making syndicates’
‘There is not much time left over’ for the market’s MGAs to ’remediate unprofitable syndicates’, says chief financial officer
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Lloyd’s bounces back from 2020 loss with £1.4bn profit before tax for H1 2021
Chief executive Neal notes that the market has produced a ‘strong set of financial results’ despite paying out nearly £10bn in claims – including for Covid-hit customers
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Features
Briefing: Addressing emerging geopolitical risks is ‘major growth opportunity for insurers’
New Lloyd’s report calls for innovation around insurance for geopolitical risks as it identifies 10 ‘paradigm shift’ factors that could affect whether current cover is still fit for purpose
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Battleface launches insurance for space tourists
While space tourism is ‘still in its infancy’, the demand is indeed ‘growing’, explains chief executive
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Jackson Lee Underwriting appoints non-executive director
The new hire’s knowledge is ‘essential’ for the underwriter’s business development strategy
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Lloyd’s of London teams up with geospatial insurtech
The partnership aims to build the world’s most advanced digital and technology-led insurance marketplace
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Features
Top five Lloyd’s managing agents fall to underwriting loss as Covid hits hard
Insurance DataLab gets behind the numbers of Lloyd’s largest managing agents exclusively for Insurance Times – the stats show that coronavirus-driven losses are still sucker punching businesses
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Lloyd’s syndicate Ki hires new chief technology officer
Ki’s chief executive says the syndicate is adopting a ‘technology-first’ approach to underwriting
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Covid-19 drives underwriting losses of £2bn for Lloyd’s market – Insurance DataLab
’Financial pressures will continue to affect businesses’ as the world’s economies emerge from the pandemic, according to Insurance DataLab’s Matt Scott
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Aegis London hires first chief technology officer
Aegis London, which operates Aegis Syndicate 1225 at Lloyd’s, has appointed Mark Degenaar as its first chief technology officer with immediate effect. Read more…
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Blenheim Underwriting receives managing agency approval
The strategic move is a ‘significant milestone’ for the group
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Lloyd’s Lab reveals seventh cohort with cryptocurrency focus
Lloyd’s Lab also accepted wildcard entries that presented solutions outside the core themes, claims and cryptocurrency
