Lloyd’s of London News
Lloyd’s Tallies $4.6 Trillion in At-Risk GDP in 301 Cities
In the first-ever Lloyd's City Risk Index, analyzes the economic output at risk (GDP at risk) in 301 major cities from 18 manmade and natural threats over a ten-year period. It concludes that "$4.6 ...
Lloyd’s Casualty Reinsurance Underwriters Worry They Risk Repeating Historical Mistakes
Lloyd's international casualty reinsurance underwriters are running the risk of repeating the same mistakes that have placed the market in difficulty in the past, according to a new straw poll of ...
Lloyd’s of London Insurer Amlin Denies Rumors It is For Sale
Amlin Plc Chief Executive Officer Charles Philipps damped speculation that the Lloyd's of London insurer is looking for a buyer, saying the firm is strong enough to remain independent. "We are not ...
Lloyd’s, Fulbright Commission Expand Risk-Related Research Program
Lloyd's of London and the U.S.-U.K. Fulbright Commission announced recently that they've extended and expanded a program designed to pursue risk-related research in the U.S. The partnership, through ...
Lloyd’s of London Plans to Expand into Malaysia in Emerging Market Push
Specialist insurance market Lloyd's of London said on Thursday it planned to apply for an onshore reinsurance license and open an office in Malaysia, as part of its push into emerging markets. ...
Beazley CEO Urges Lloyd’s of London to Revamp Data Systems
Beazley Plc Chief Executive Officer Andrew Horton called on Lloyd's of London to overhaul the way it manages trade information to make the world's oldest insurance market more efficient and globally ...
A.M. Best: Gross Written Reinsurance Premium Drops in London Market
Lloyd's gross written reinsurance premium dropped more than 5 percent from 2013 to 2014, underscoring the competitive threat to the London market posed by local and regional reinsurance hubs, A.M. ...
Navigating Insurance Ratings: Fitch Unveils New Visualization Tool
Market position, capitalization, reserve adequacy and catastrophe risk management are among the factors that rating agency analysts consider when developing insurance financial strength (IFS) ratings ...