Lloyd’s News
Cyber Insurance Market Will Surge, Lloyds CEO Predicts
Lloyd's of London Chief Executive Officer Inga Beale expects the market for cyber insurance to surge after hackers attacked some of the largest companies in the U.S., including JPMorgan Chase & ...
Lloyd’s Study Predicts World Cup Winner
A new study by Lloyd's and the Centre for Economics and Business Research (CEBR) predicts that based on insurable value, Germany has the most expensive team competing in the 2014 FIFA World Cup and ...
Fitch Ups Lloyd’s Rating to ‘AA-‘
Fitch Ratings upgraded Lloyd's of London's insurer financial strength rating to "AA-" from the "A+," the rating agency announced Tuesday, with an expectation of better "cross-cycle underwriting ...
Lloyd’s Finance/Operations Exec Slot To Be Split in 2
Luke Savage is leaving Lloyd's of London to become the new CFO at Standard Life. Previously, Savage had been Lloyd's Director of Finance and Operations for 10 years. He will be stepping down from ...
Lloyd’s Appoints Hu to Council; McGovern, Griffiths to Franchise Board
Lloyd's has announced three appointments with immediate effect. Fred Hu will join the Lloyd's Council and Joy Griffiths and Sean McGovern will join the Franchise Board. The bulletin described Hu as a ...
Aspen Board Unanimously Rejects Endurance’s $3.2B Hostile Bid
Aspen Insurance Holdings announced Monday that its board of directors has unanimously rejected a $3.2 billion takeover bid from Endurance Specialty Holdings announced hours earlier, calling the ...
Allied World to Launch New Managing Agency at Lloyd’s
Allied World Assurance Co. Holdings announced Monday that it has received approval from Lloyd's, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to establish its ...
Lloyd’s Profits for 2013 Near $5.3B
Lloyd's announced a profit of $5.29 billion for 2013, compared to $4.63 billion in 2012. Gross written premium increased to $43.14 billion, and Lloyd's noted that its capital position further ...