Lloyd’s of London
Lloyd’s Construction Specialists Embrace Proposed U.S. Infrastructure Boom
Construction insurance specialists at Lloyd's of London are hoping to see more U.S. business from increased government investment in infrastructure projects in 2021. That will be welcome after a ...
No Post-Brexit Big Capital Reduction Requirements for UK Insurers: Bank of England
The Bank of England told insurers on Wednesday not to expect any big reduction in capital requirements after Brexit, adding that more capital could be "part of the answer" to meeting a 1.7 billion ...
Bermuda-Based Specialty Insurer Mosaic Debuts; Company Includes Lloyd’s Syndicate
Mosaic, a Bermuda-based global specialty insurer, has launched operations in Bermuda, London, the United States and Asia, along with a newly formed Lloyd's syndicate. Operating with initial ...
Lloyd’s Takes Step to End Insurance and Investments in Coal
The Lloyd's market is moving to end its insurance of coal and oil sands businesses while at the same time ceasing investments in such carbon-producing assets by Jan. 1, 2022. As part of its plan to ...
Lloyd’s, InsurTech Parsyl Will Cover Emerging Market COVID-19 Vaccine Distribution
Lloyd's of London and insurtech firm Parsyl have launched a program to insure the distribution of COVID-19 vaccines in emerging markets as drugmakers race to address the biggest global logistical ...
Down to the Wire: Last-Ditch Effort to Secure a Brexit Deal
British and EU leaders will meet face-to-face to try to seal a post-Brexit trade deal after failing again to narrow their differences on Monday, increasing the chance of a disorderly parting of ways ...
Lloyd’s Approves New Insurance Group Inigo to Start Underwriting in January
Inigo Ltd., the new London insurance group that has raised $800m in start-up capital from a group of blue chip global investors, announced that it has received approval in principle from the ...
How Lloyd’s Underwriters Are Viewing U.S. Property Risks Today
While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd's market who were in the process of increasing property insurance rates when the pandemic hit, ...