Lloyd’s marketplace
Lloyd’s Has Strong H1 Underwriting Profit but Reports Overall Loss on Investment Hit
While Lloyd's reported a strong underwriting profit during the first half and its best combined ratio in five years, similar to many insurers it saw an overall loss as a result of its investments. ...
Lloyd’s Annual Meeting to Go Virtual on Threat of Climate Protests
Commercial insurance market Lloyd's of London is encouraging members of its 100-odd syndicates to attend its annual general meeting next week online rather than in person, due to the threat of ...
Lloyd’s Slaps Record Fine on Atrium Underwriters for Bullying, Harassment
Lloyd's of London has fined syndicate member Atrium Underwriters over one million pounds ($1.31 million) for bullying and harassment, the largest fine it has imposed for misconduct, the commercial ...
Ukraine Invasion Analysis: AM Best Sees ‘Significant Implications’ for Insurers
AM Best believes that Russia's invasion of Ukraine could have a "substantial impact" on the world's insurance industry in the near to midterm, the rating agency said in a report published on Friday. ...
InsurTech MIC Global Receives ‘In-Principle’ Approval to Launch Lloyd’s Syndicate
InsurTech MIC Global has received "in-principle" approval from Lloyd's for the creation of MIC Global Insurance Syndicate 5183. UK-based MIC Global offers end-to-end digital micro insurance products, ...
Greenlight Re Innovations Gets Approval to Launch Lloyd’s Syndicate
Greenlight Re Innovations (GRI), part of Cayman Islands-headquartered Greenlight Capital Re Ltd., has received "in-principle" approval from Lloyd's to establish an InsurTech-focused syndicate. ...
Lloyd’s Asia Launches Renewable Energy Consortium
Lloyd's launched a renewable energy consortium in response to the growing needs of the Asia-Pacific region and supporting countries, as they transition to greener energy, Lloyd's announced late last ...
European Insurers Brace for Sanctions Over Nord Stream 2 Pipeline
A simmering threat of sanctions against the operator of the $11 billion Nord Stream 2 pipeline risks shutting off cover from European insurers for the politically-sensitive project to bring Russian ...