Content from L.S. Howard
Pushing and Pulling Lloyd’s Into the 21st Century
Twenty-five years ago, the Lloyd's of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars of asbestos and pollution liabilities. Many of the best brains in ...
Change Isn’t New for Lloyd’s
Well before the "Future at Lloyd's" project, the market began pursuing modernization, Chairman Bruce Carnegie-Brown noted. For example, the market has been pushing to digitize the way risks are ...
Tokio Marine Will Put One of Its UK Insurance Companies Into Runoff
Tokio Marine Group is putting one of its UK insurance companies, Tokio Marine Kiln Insurance (TMKI), into run-off. Going forward, Tokio Marine Kiln (TMK) will focus on its Lloyd's businesses. The ...
Product Defect Lawsuit Filed Against U.S. Cos. in London’s Grenfell Tower Fire Disaster
Three U.S. companies have been slapped with a wrongful death and products liability lawsuit for manufacturing products linked to London's Grenfell tower fire. The fire, which has been called the ...
Storytelling Is a Key Soft Influencing Skill, Says UK Consultant, Coach and Storyteller
While everyone has a story to tell, many people fail to realize just how interesting they are. They simply need to learn to tap into their life experiences—and sometimes a coach can help them pry ...
Markel Subsidiary State National Will Front Tesla’s New Insurance Venture
Elon Musk's Tesla plans to launch its own insurance product for Tesla drivers, which will be fronted by Markel Corp.'s subsidiary, State National. Markel's Co-Chief Executive Officer Richard R. Whitt ...
Alternative Capital Grew Again in 2018 Even as Total Reinsurance Capital Dropped: Willis Re
While total dedicated reinsurance capital dropped in 2018, alternative capital continued its steady rise, according to a report published by Willis Re. Total dedicated reinsurance capital – which ...
Carriers Increasingly Dinged by ‘Secondary’ Catastrophe Perils : Swiss Re
The insurance industry must wake up to the growing cost of "secondary" catastrophe perils, which amounted to more than 60 percent of the $76 billion price tag for insured natural catastrophe losses ...