Lloyd’s of London News
Lloyd’s Performance Management Director Will Step Down; HR Chief Named
Lloyd's of London said that Jon Hancock has decided to step down as performance management director in 2020. At the same time, Lloyd's also announced that Julia Tyson has been named chief human ...
EU Bank Official Wants Post-Brexit Trade Deal to Cover Financial Services
European Central Bank policy maker Klaas Knot said that having "a deep and comprehensive trade deal" that covers financial services would be preferable as the U.K. prepares to the leave the European ...
American Financial Group Decides to Exit Lloyd’s of London
American Financial Group Inc. disclosed it will exit the Lloyd's of London insurance marketplace in 2020, an entity it joined in 2008 through an acquisition. The Ohio-based insurance holding company ...
Brit Debuts First ILS Fund in Lloyd’s of London Market
Specialty insurer Brit Ltd. has launched Sussex Specialty Insurance Fund to offer insurance linked securities (ILS) investors access to Lloyd's risk. It is the first ILS fund in the Lloyd's of London ...
Lloyd’s Lab Initiative Spurs New Praedicat Peril Casualty Insurance Product
Praedicat Inc., a Los Angeles-based liability risk analytics software company, said it is developing a new insurance product to help global industrial companies secure coverage for innovative and ...
Sexual-Harassment Whistle-Blower Sues Lloyd’s Insurer Tokio Marine Kiln
A senior lawyer who blew the whistle on alleged sexual harassment and bullying at a top Lloyd's of London insurance company is suing his employer for what he called a campaign of harassment, racial ...
This Time, Brexit Gets a ‘Flexible’ Delay
The European Union on Monday agreed a 3-month flexible delay to Britain's departure from the bloc as Prime Minister Boris Johnson pushes for an election after opponents forced him to request an ...
UK’s Johnson Seeks End to Neverending Brexit With Dec. 12 General Election
U.K. Prime Minister Boris Johnson will seek a general election on Dec. 12, setting up a national vote on his Brexit strategy. Johnson briefed his cabinet on Thursday afternoon and announced that a ...