Lloyd’s of London
Blog: Lloyd’s of London - 2020 in review
Debevoise & Plimpton international consultant Clare Swirski, international counsel Benjamin Lyon and associate Sarah Hale reflect on some of 2020’s key themes and the possible challenges and opportunities in store in 2021 for the Lloyd’s market and its…
David Coleridge - an obituary
David Coleridge, who was chairman of Lloyd’s for two tumultuous years in the early 1990s, passed away on Boxing Day, aged 88.
Review of the Year 2020 – Claims
Post spoke to loss adjusting and legal professionals to get their thoughts on the highs and lows of 2020
Analysis: From bench to bed – insuring vaccine distribution
The insurance industry has reacted well to the challenge of covering the needs of those producing and transporting Covid-19 vaccines around the world and across the UK, experts tell Post, predicting it will continue to play its part in supporting efforts…
Apollo suspends head of marine and energy liability over reported assault conviction
Apollo head of marine and energy liability, Howard James Burnell, has been suspended following a reported conviction for assault, Post has learned.
Penny Black's Social World: December 2020
Christmas donations, flooding and Remembrance Day
Interview: Julian James, Sompo International
Sompo International’s international insurance CEO Julian James sat down for a ‘virtual chinwag’ with Harry Curtis to talk returning from retirement, the business’s Lloyd’s exit and brand ambitions, the hardening market and ‘Armageddon scenarios’.
Lloyd's Brexit transfer of EEA business approved by High Court
Lloyd’s has received final approval from the High Court to transfer policies covering risks and policyholders in the European Economic Area to its Belgian subsidiary, Lloyd’s Europe.
180 years of Post: Lloyd’s - Two decades of trauma
As Post celebrates 180 years, David Worsfold takes a look at the years of scandal, losses and court cases that hit the Lloyd’s of London market from the mid-1970s onwards and ask what today's insurers can learn from them.
Lloyd's Brexit transfer decision expected next week after objection-free hearing
Lloyd’s is set to learn whether or not the High Court will approve a Brexit-necessitated transfer of European policies to its Belgian subsidiary next week, following the conclusion of a two-day sanctions hearing on Thursday.
Lloyd's faces 'lose-lose scenario' if High Court rejects Brexit transfer
Lloyd’s could face a “lose-lose scenario” of having to choose between not paying claims or risking regulatory or criminal sanctions, if a proposed transfer of European policies to its Brussels subsidiary is not approved today.
Sompo's Lloyd’s exit about us, not them: international insurance CEO Julian James
Sompo’s decision, announced in April, to walk away from Lloyd’s at the end of this year was driven by the insurer’s ambitions rather than reservations about the Lloyd’s market itself, Sompo international insurance CEO Julian James has said.
Analysis: Innovating in insurance-linked securities
Where other investment markets have struggled during the global pandemic insurance-linked securities have weathered the storm well. Post finds out how London’s young regime is fitting into the existing global markets and whether there is still innovation…
Coverys Lloyd's syndicate to stop accepting business and renewals from next year
Coverys-backed Lloyd’s Syndicate DTW 1991 is to stop accepting new and renewal business from 31 December 2020.
Briefing: Is RSA's sale to an overseas bidder a sign of the UK’s declining stature as a global insurance player?
With RSA poised to be sold to a consortium of a Danish and Canadian investors, the number of internationally recognised UK-domiciled insurers is set to reduce by one. Post content director Jonathan Swift asks: is it time to dust off plans for the Royal…
Lloyd's changes tack on digital placement plans as it lays out two-year modernisation agenda
Lloyd’s has revised its intention to build two electronic placement platforms as part of its programme to modernise and cut costs in the market.
Penny Black's Social World: November 2020
Mental health, young drivers and charitable donations.
Brokers and MGAs warned to remove staff who are not 'fit and proper' for SMCR rules
The Financial Conduct Authority has cautioned brokers and managing general agents not to assume someone is “fit and proper” for roles under the Senior Managers & Certification Regime, with the expectation being that “some” staff will not meet standards.
Lloyd’s bosses bombarded with ‘calendar jam’ as insurers targeted on Twitter
Apollo ruled out further dealings on Adani projects as climate campaigners hit Lloyd’s insurer CEOs with calendar invites and targeted companies on social media.
Climate activists plan day of digital disruption to Lloyd's
Climate campaigners from across the globe will join a digital protest calling on Lloyd’s to “act on the climate crisis, not act as the last refuge for climate wreckers like Adani to secure insurance”, with thousands of participants expected.
Lloyd's survey: Seven in ten black participants say they face recruitment barriers
Lloyd’s diversity survey found that 71% of black employees say they have faced barriers to recruitment and 80% believe they experience barriers to promotion once in the role.
Fully Comp episode 4: Can London’s Square Mile bounce back after the pandemic?
Welcome to the fourth episode of Fully Comp, Insurance Post’s new regular video series tackling some of the biggest issues in insurance.
Fully Comp episode 2: What next for Lloyd’s after the trading floor re-opening?
Welcome to the second episode of Fully Comp, Insurance Post’s new regular video series tackling some of the biggest issues in insurance.
Blog: Claims work experience before and during lockdown
Two loss adjusters at Charles Taylor were offered part-time three-month secondments to work on Axa XL's claims team, one after the other. Both had expected to have a similar experience however, as lockdown loomed in March, one of the pair found…