Lloyd’s News
Brexit Fallout: Beazley Seeks EU License For Irish Reinsurance Business
Lloyd's of London's Beazley Plc is working to get European insurance licenses for its Irish reinsurance business to allow it to operate throughout the European Union, even if Lloyd's loses access to ...
Best Revises Lloyd’s Outlook to Stable from Positive on Difficult Business Conditions
A.M. Best has revised the outlooks to stable from positive of Lloyd's and Lloyd's Insurance Co. (China) Ltd., while at the same time affirming their financial strength rating (FSR) of A (Excellent) ...
Suit Would Force British PM to Consult Parliament Before Triggering Brexit
A lawsuit seeking to force Prime Minister Theresa May to consult parliament before beginning Britain's exit from the European Union will be taken "very seriously" and may reach the Supreme Court by ...
The Hanover’s Lloyd’s/Chaucer Arm Expects 2016 Q2 Underwriting Loss
The impact of catastrophes, large loss activity and foreign exchange movements are expected to bring an underwriting loss for Chaucer in the second quarter, when it will report a combined ratio in ...
Neon, Formerly Marketform, Opens Bermuda Office; Former Ariel CUO Fisher Is CEO
The specialist Lloyd's insurer Neon, formerly known as Marketform, announced it has opened an office in Bermuda as it grows its international footprint with greater access to both the Bermudian and ...
Foo Fighters Suing Lloyd’s Underwriters Over Terrorism Policy
The Foo Fighters are suing insurers for failing to reimburse them for European shows they canceled following the Paris terrorist attacks in November. The suit, filed last Monday in federal court in ...
Hamilton Opens New London Offices for Lloyd’s Operations
Bermuda-based Hamilton Insurance Group is opening new offices in London to support its growth in the Lloyd's market. In April 2015, Hamilton acquired a niche sports underwriting managing agency, ...
Beazley/Munich Re Start Selling Broad Cyber Cover for Large Global Companies
Beazley will link up with a unit of Munich Re to roll out broad cyber protection for the world's largest companies, with a focus on digital assets and IT infrastructure. Plans call for Beazley, the ...