Hard Market ‘Supercycle’ Likely to Be Prolonged: Lloyd’s CEO Neal
Now that the market has achieved a first-half profit of £4.9 billion with a combined ratio of 83.7—its best interim results in 17 years—does this mean the hard ...
Lloyd’s marketplace
Fidelis Partnership Gets ‘In Principle’ Approval From Lloyd’s to Launch Syndicate
The Fidelis Partnership, the Bermuda-based managing general underwriter, announced that Lloyd's has granted "in principle" approval for the launch of Syndicate 3123 in collaboration with Fidelis ...
AXIS Gets In-Principle Approval to Launch Energy Resilience Syndicate at Lloyd’s
AXIS Capital Holdings Ltd. announced it has received in-principle approval from Lloyd's to launch a syndicate that will focus on providing capacity for new energy ...
Lloyd’s to Invest $65M in Regions Affected by Transatlantic Slave Trade
Lloyd's of London will invest 40 million pounds ($49.6 million) in regions affected by the transatlantic slave trade, it said on Wednesday, after a report showed the ...
Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary?
The rollout of the Lloyd's cyber war exclusions has received considerable criticism for the chaos and confusion caused in the weeks leading up to the March 31 effective ...
Beat Capital Launches Specialist Energy Insurance Business
Beat Capital Partners, a long-duration venture-capital investor that specializes in the insurance industry, announced the launch of a specialist energy underwriter, ...
Lloyd’s Lab Selects 13 InsurTechs for Its Next Innovation Accelerator
The Lloyd's marketplace announced it has invited 13 insurtechs to join the next cohort of its innovation accelerator, the Lloyd's Lab, following a competitive pitch process where the firms presented ...
Lloyd’s Gives Green Light to New Flux, Trium Cyber Syndicates
Asta, the third-party managing agent at Lloyd's, and Acrisure announced that Lloyd's has granted "in principle" approval for the launch of Flux Syndicate 1985, which will commence underwriting on ...
Lloyd’s Has Strong H1 Underwriting Profit but Reports Overall Loss on Investment Hit
While Lloyd's reported a strong underwriting profit during the first half and its best combined ratio in five years, similar to many insurers it saw an overall loss as a result of its investments. ...