Lloyd’s of London
Lloyd's to limit cyber exposures to 'best in class' syndicates as it approves £44bn GWP plans
Lloyd’s will remain open to new cyber business in 2022 but only “best in class” syndicates will be permitted to grow their exposures, its chief of markets Patrick Tiernan has said.
Top 50 Reinsurers 2021: Global reinsurance segment marked by stability and uncertainty
Diversification into primary insurance leads to shuffle among the world’s largest reinsurance groups AM Best's Catherine Thomas and Mathilde Jakobsen explain.
Birketts’ Gavin Coull elected London Foil president
Reinsurance partner at Birketts Gavin Coull has been appointed president of London’s Forum of Insurance Lawyers.
Briefing: Why a Lloyd’s return for Aviva makes perfect sense
There has long been talk about Aviva returning to Lloyd's having exited in 2000 following the CGU and Norwich Union merger. Post content director Jonathan Swift looks at why a move makes more sense now than it has done over the past two decades.
Advertising feature: Insurance workflows - mind the gap
William Forde, senior director of international markets at CoreLogic Protect, explores how platform ecosystems not only improve interoperability and workflow, but also encourage best practice solutions.
Aviva plots Lloyd’s return: sources
Aviva is said to be closely assessing the viability of re-entering the Lloyd’s market.
Protester fined £660 after fake oil spill at Lloyd’s
Henry Owen has received a £660 fine and an 18-month conditional discharge after pleading guilty to criminal damage for spilling 1000 litres of fake oil outside Lloyd’s last month, Insurance Rebellion has updated.
Insurance industry climate change commitments lacking action plans, says Carbon Chain co-founder
Insurance industry is behind other industries when it comes to taking action on climate change, according to Carbon Chain chief operating officer and co-founder Roheet Shah.
COP26 Briefing: A tale of two insurance climate reports
Two reports released on COP26's finance day highlight mountains insurers – and others – have yet to climb in the climate challenge.
Oil and gas cover undermining climate efforts, says Insure Our Future as it scores insurers' climate policies
The global insurance industry is undermining efforts to meet climate targets by continuing to insure and invest in oil and gas production, the Insure Our Future campaign has said.
Lloyd's hit with oil spill and 'climate justice memorial' protests
Climate protests at Lloyd's went ahead on Friday, a day after the corporation confirmed its Net-Zero Insurance Alliance membership.
Covéa to buy Partner Re; Lloyd’s joins net zero alliance; another record for insurtech investment; crime tops insurer concerns; and Flood Re on tour
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Sustainable products and services showcase highlights insurance crucial in getting to net zero
The Insurance Task Force, as part of The Prince of Wales’ Sustainable Markets Initiative, has published a Sustainable Products and Services Showcase detailing the wide-ranging insurance support that is empowering customers to develop, invest in and scale…
Lloyd’s and London market D&I efforts light on inclusion, says FCA
The Financial Conduct Authority has urged Lloyd’s and London market insurers to do more foster more inclusive working environments in order to better serve customers.
London company market premiums hit record levels despite Brexit impact
Rising rates and an influx of business previously written at Lloyd’s mean the London company market’s premium income has never been higher, even as it continues to bleed European premium in the wake of Brexit.
Top 100 UK Insurers 2021
Covid-19 had the biggest impact on insurers in 2020. Commercial lines insurers suffered while personal lines insurers broadly benefited according to William Keen-Tomlinson, senior financial analyst in London for AM Best.
Hiscox’s Andrew Mitchell on making an exhibition again at long last
The fine art market is in resurgence after a bleak 18 months and the bumper calendar of blockbuster shows will enable Lloyd’s to show its unique value, says Hiscox UK line underwriter for art and private clients Andrew Mitchell.
Trade Voice: LMA's Lee Elliston on why the London market needs to act now to close the claims talent gap
Lee Elliston, claims director of the Lloyd's Market Association, warns that Lloyd's and the London markets risk a skills and talent crisis unless efforts to transform processes and attract younger professionals are made now.
Dive In Festival: Insurance will fail without inclusivity, says Neal
Diversity and inclusion is “as important as anything else we do, we think it about it every day”, Lloyd’s CEO John Neal has told the audience at the first UK session of this year’s Dive In Festival.
Lloyd’s ready to call time on underperforming syndicates as market delivers £1.4bn H1 profit
Time is running out for Lloyd’s syndicates that have been unable to profitably remediate their books of business, market executives signalled on Thursday as they reported £1.4bn in profits for the first half of the year.
Intelligence: 11 September 2001 - 20 years on
With this week marking the 20th anniversary of the terrorist attacks in New York and Washington on 11 September 2001, Post looks back to see how the insurance market handled the claims and how terrorism cover has adapted since then.
Intelligence: Insuring space tourism
The prospect of recreational space travel was brought into sharp focus in July as billionaires Richard Branson and Jeff Bezos both made trips to the edge of space.
Zurich UK takes Caroline Dunn from Lloyd’s as chief underwriting officer
Zurich has recruited Caroline Dunn as chief underwriting officer in the UK joining from Lloyd’s where she was head of market development.
The top 30 European Insurers 2021: A turbulent time
The impact of Covid-19 saw the European non-life insurance market report a decline in gross written premium and profit after tax. Mathilde Jakobsen, director, analytics, Amsterdam, AM Best, analyses the numbers and reports on the movements in the ranking…