Lloyd’s of London News
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 ...
EU to London’s Banks and Insurers: Get Used to Limited Post-Brexit Access
Britain's huge financial sector will never again have the same access to the European Union as it did when the country was a member of the bloc, the EU's financial services chief said. Brexit makes ...
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 ...
Cautious Optimism About a Final Brexit/EU Arrangement
British finance minister Rishi Sunak has said there is genuine progress in Brexit talks with the European Union, but that it would be better to walk away from a bad trade deal than tie Britain's ...
Lloyd’s Abandons Plan for Proprietary Electronic Exchanges in Favor of Outside Vendors
Lloyd's of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing platforms to speed up the underwriting process and cut costs, the commercial ...
Post-Brexit UK Financial Rules Will Need Tweaking to Stay Competitive: Study
Britain should tweak financial rules after full Brexit to keep London's financial hub competitive and deepen ties with growth markets in Asia, a think tank said in a study on Monday. Britain ...