Lloyd's of London Archives - Carrier Management

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 ...

Reinsurance Pricing Technology For Hard and Soft Markets

Sean Bourgeois, the chief executive officer of Tremor, often hears people say that his company's reinsurance price optimization technology works best in a soft market, when there's a lot of ...

Why Reinsurance Prices Are Wrong—and How to Fix Them

Each reinsurance renewal season sees brokers feverishly chasing down the best premium prices in the market. Frequently, when the panel of reinsurers offer their submissions for a slice of treaty, the ...

Lloyd’s Must Confront Past Steeped in Slavery

British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd's of London insured many of those vessels, the people chained below deck sometimes categorized as ...