Lloyd's of London Archives - Carrier Management

New Lloyd’s Lab InsurTech Cohort to Focus on Climate, Cyber and Sustainability in Asia Pacific

Lloyd's has announced the 12 teams that will join the 11th cohort of the Lloyd's Lab, the InsurTech accelerator hub for developing innovative insurance products in the ...

University Files Lawsuit Against Lloyd’s For Unpaid Cyber Insurance Claims

The Regents of the University of California sued Lloyd's of London, arguing the company refused to reimburse the university system for the costs of data breaches covered in a ...

Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary?

The rollout of the Lloyd's cyber war exclusions has received considerable criticism for the chaos and confusion caused in the weeks leading up to the March 31 effective ...

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. ...

Westfield Enters International Specialty Market With Purchase of Argo’s Lloyd’s Syndicate

Westfield said it has expanded into the international specialty insurance market by buying Lloyd's Syndicate 1200 from Argo Group International Holdings for about $125 million. The acquisition is ...

Inflation May Halt Lloyd’s Positive Performance Trends

In a report published Monday, global reinsurance broker Gallagher Re concluded that while attritional loss ratios and overall combined ratios came down across the Lloyd's market in 2021, inflation ...

Lloyds’ CFO Keese Sees Inflation as Biggest Challenge for Insurers in 2022

The insurance industry has faced myriad disrupters during the past several years, ranging from the ongoing effects of a global pandemic to climate risks to technological advancements. However, the ...

Climate Change Protesters Disrupt Lloyd’s Headquarters

Climate change protesters in London have targeted insurance underwriting house Lloyd's of London for its role in enabling fossil fuel projects. The City of London Police said they were aware of ...

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. ...

Former Lloyd’s CEO Beale Joins Willis Towers Watson Board as Part of Activist-Spurred Revamp

Willis Towers Watson PLC , which has been under pressure from activist investor Elliott Management, appointed four new directors on Thursday as it looks to turn around its business following a ...