News

Insurance

Insured losses on Russian aircraft seizure grossly overstated: Lloyd’s

Insured losses could be small fraction of stated asset values.   24 March 2022

Insurance

Lloyd's coverholder partners with Google to create AI-driven claims system

The two companies are also exploring generative AI applications in insurance processes.   6 November 2024

Insurance

LMA appoints claims director from Lloyd’s to help transform market

She will seek to influence and challenge the strategy of claims across the market and Lloyd’s.   22 April 2022

Insurance

Nord Stream sues Lloyd’s, Arch et al. for $400m after pipeline blast

Nord Stream estimates full repair costs at a much higher €1.2 – 1.35bh.   15 March 2024

Insurance

Lloyd’s LCM5 seen as ‘restrictive’ by managing agents targeting growth amid ‘easy’ capital

Some 87% hope to up their stamp capacity; 78% use reinsurance to manage capital.   23 November 2021

Insurance

Helios adds Lloyd's capacity in year-end M&A drive

Three new targets, led by Risk Capital UTG Ltd., bring £5.7m in new capacity.   3 January 2023

Insurance

Top Lloyd’s insurers back 'unique and critical' government-backed cover for live events

Lloyd’s has partnered with the UK government on a £750m COVID-19 insurance scheme for live events.   6 August 2021

Insurance

MS Amlin confirms CUO as it expands capacity in Lloyd’s market

Appointee took up the role as interim CUO in October last year.   21 March 2024

Insurance

Dale appoints new Lloyd’s market NEDs following CVC deal

CVC acquired a majority stake in Dale late last year to fuel its growth.   20 March 2024

Insurance

Lloyd’s vows ‘increased scrutiny’ over syndicate response to inflation

Inflation, attachment points and clarity of cover are key to retaining remediation gains.   22 September 2022

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