News and features
Find articles about global events and trends impacting on the Lloyd's insurance market, Lloyd's Corporation and wider world of risk
Find articles about global events and trends impacting on the Lloyd's insurance market, Lloyd's Corporation and wider world of risk
Lloyd’s welcomes the publication by the Bank of England of their approach to the supervision of international insurers, and to branch authorisation and supervision.
Lloyd’s Chairman, Bruce Carnegie-Brown and Chief Executive, Inga Beale’s annual email to the market reflecting on 2017.
Lloyd’s Charities Trust is proud to announce the 2017 winners of the Lloyd’s Market Charity Awards
Lloyd’s has successfully concluded its normal twice a year capital assessment for all syndicates and capital providers (members).
The EU’s General Data Protection Regulation (GDPR) comes into force in just six months and it is hard to overstate the significance for business.
Lloyd's CEO, Inga Beale, reacts to the news that the UK and EU plan to move to the next phase of Brexit talks.
The EU’s General Data Protection Regulation (GDPR) comes into force in just six months with the aim of establishing a coordinated data protection framework across the European Union.
On Thursday 23 November, the GB Wheelchair Rugby team played against the Lloyd’s rugby team to help raise funds to send the GB team to the Paralympic Games in 2020.
Lloyd’s has launched a new campaign to promote its claims service.
Lloyd’s receives Employer Recognition Scheme Silver Award from the Ministry of Defence in recognition of Lloyd’s commitment to supporting Service personnel and the Armed Forces Covenant.
Lloyd's CEO, Inga Beale, responds to the UK government's new Industrial Strategy.
On the tenth anniversary of the founding of ClimateWise, a collaborative effort by the insurance industry to address global warming, Lloyd’s was again recognised for its environmental leadership and wide-ranging efforts to tackle climate change.
Lloyd’s Corporation has announced it is implementing a coal exclusion policy as part of its responsible investment strategy for the Central Fund.
Lloyd’s has a proud association with Admiral Lord Nelson going back to the Battle of the Nile in 1778 where a Lloyd’s committee raised £38,000 to help the wounded and bereaved.
The Underwriting Room fell silent today at 11am as the Lutine Bell was struck and two minutes silence observed as part of Lloyd’s annual Remembrance Day ceremony.
The London Market Group (LMG) announced that Property & Casualty classes of business went live on the PPL platform today.
Together with Beazley, we will be supporting International Men’s Day on 22 November, with an event focused on raising awareness of mental health issues, as well as photograph competition and exhibition.
We've been talking to Karen Hardy, owner of Acme Insurance Brokers in Queensland, about her experiences on our GDC Autumn Worldwide Programme in London
Lloyd’s, in partnership with the London Market Group (LMG), has today launched a campaign to promote London as the global insurance hub, providing buyers with a clear case for coming to London to purchase products and services.
Lloyd’s Chief Operating Officer, Shirine Khoury-Haq, has been recognised as an inspirational business front-runner in an index showcasing the success of black, Asian and minority ethnic leaders.
Last month was one of the most active months of any Atlantic hurricane season. Irma and Maria both impacted the Caribbean and US in September, regions already badly hit by the force of Harvey just a week earlier.
Lloyd’s has begun paying claims stemming from Irma, the most powerful Atlantic Ocean storm in recorded history, which has brought devastation and loss of life to the Caribbean and southern Florida.
Carrying 90% of world trade, the shipping industry forms the backbone of the global economy. We explore some of the biggest threats to the sector with insight from Lloyd’s market marine experts.
Lloyd’s is closely monitoring Irma, including its impact on the Caribbean and South Florida. In addition, we are working diligently to assist all policyholders affected by Harvey.
Are you involved with a charity that deserves £2,000?
Amid all the noise around Brexit, it is great to see the British Government lead on the significant issue of global underinsurance.
We would like to invite you to take part in our website user-testing as part of our review of the navigation and structure of Lloyds.com
In light of a potentially active hurricane season this year, it is important for businesses and communities to make sure they are taking the necessary steps to mitigate the impact of potentially dangerous storms.
Bruce Carnegie-Brown officially started as Lloyd’s new Chairman today, taking up the role following the retirement of John Nelson.
For the first time Lloyd’s will be participating in the programme with an installation called 'support for a cloud' by Mhairi Vari which will be displayed on the Lloyd’s building by Tower 1 and Tower 3.
Cybercrime is one of the biggest manmade risks we are facing this century, with businesses all over the world at risk – including those in Denmark. This article summarises the key outcomes from the Lloyd’s Cyber Seminar in Copenhagen last week in the wake of the WannaCry ransomware attack.
The LMG has today published research in an update to its 2014 London Matters report, which reaffirms the London market’s strength but also provides some unsettling evidence of where London is under intense pressure.
We are delighted to support Business in the Community’s Responsible Business Week as part of our Global CSR commitment to positively affect change through our responsible business approach.
Access presentations and resources following our Latin America Week in April
We're delighted to have been awarded the Maritime Service Provider of the year at the Singapore International Maritime Awards 2017.
Global Corporate Social Responsibility is one of our key strategic priorities, but how are we actually making a difference to communities around the world?
The 2nd Lloyd’s Day and Meet the Market event took place in Hong Kong on the 5th April and marked the 20th Anniversary of Lloyd’s Hong Kong office.
The Lloyd's Patriotic Fund has supported the construction and refurbishment of a new rehabilitation and training centre for blind ex-service men and women.
Delegates from the Hong Kong Maritime & Port Board (HKMPB) visited Lloyd’s in London.
Lloyd’s CEO Inga Beale and Head of Latin America Daniel Revilla kicked off our first ever Latin America-focused Meet the Market in Miami.
Influential annual Superbrands listing features, Lloyd's amongst the UK's strongest business-to business brands - and top of its category; Insurance, Pensions and Risk management
Lloyd's, the world's specialist insurance and reinsurance market, today hosted Liam Fox, Britain’s Secretary of State for International Trade, at its underwriting platform in Singapore to discuss how the British Government and Lloyd’s can work together to further enhance regional trade, reduce underinsurance, and pioneer the development of the cyber insurance market in Asia.
The Lloyd’s market improved its ClimateWise environmental performance score in 2016, according to an independently verified report
As part of its annual Remembrance Day ceremony, an underwriting room full of ex-servicemen, brokers, underwriters and Lloyd’s staff fell silent as the Lutine Bell was struck at 11am.
On 9 November Lloyd’s hosted a senior delegation of leading Chinese insurers as part of UK-China trade talks taking place in London this week.
It has been an award winning year so far for the Lloyd’s Community Programme team and we were delighted to be recognised for our long term partnership with Tower Hamlets Education Business Partnership (THEBP) at the Lord Mayor’s Dragon Awards at Mansion House.
London’s Mayor and Lloyd’s Chairman John Nelson set out post-Brexit vision
Are you involved with a charity that deserves £2,000?
Shirine Khoury-Haq announced details of the Blueprint for the London Market Target Operating Model (TOM) at a speech at the London Market Group Forum
Lloyd’s Patriotic Fund today announced its new Armed Forces partner charities for 2016-17 as Combat Stress and Walking With The Wounded, awarding grants totalling £200,000 to the two charities.
On Monday 11 July the London Market Group (LMG) announced that PPL had begun trading.
This week John Nelson, Chairman of Lloyd’s, visited Colombia to officially open the new office in Bogota, after last year receiving a licence to provide onshore reinsurance.
Lloyd’s Chairman, John Nelson, comments on the result of the UK’s referendum on its membership of the European Union
This week Lloyd’s Chairman John Nelson visited Dubai and marked the first anniversary of the Lloyd’s Dubai platform by entering a Framework for Cooperation with the Dubai Financial Services Authority (DFSA)
On February 17, Lloyd’s and American Security Project, a nonpartisan national security think-tank, hosted “Pathways to City Resilience”.
Now that the Brexit referendum has been set for Thursday 23 June 2016, I wanted to write to you regarding Lloyd’s position.
John Nelson, Chairman of Lloyd’s, has called on Turkish leaders and the insurance industry to work together to make Istanbul one of the key financial centres of the world.
Risk connectivity and complexity is an urgent challenge for policymakers and business leaders, according to a new study from the World Economic Forum
Insurance can play a key role in enhancing global resilience to climate change. That was the key message from Inga Beale, Lloyd’s CEO, speaking at the Lloyd’s/Aldersgate Group co-hosted business conference, held at the Lloyd’s building in London on 12 January.
Lloyd's Asia Pacific regional hub is trialling Open Trading Sessions in Singapore, allowing brokers to interact directly on site with Lloyd's underwriters
Thirty charities were presented with donations of £2,000 each from Lloyd’s Charities Trust at a lunchtime reception on Wednesday 16 December 2015.
On Thursday 3 December Lloyd’s held its 3rd Mexico Insurance Day, highlighting the opportunities in Mexico, the largest market for Lloyd’s in Latin America.
Leading strategic partners in the London market Target Operating Model (TOM), Ruschlikon and ACORD have reached an agreement to continue working together to create and implement message standards that will make it easier to do business with the London market, supporting Lloyd’s Vision 2025.
Lloyd’s is one of the best performing insurance organisations in the industry when it comes to taking action to respond to climate change, according to a new report by ClimateWise.
A recent event held in the Adam Room at Lloyd’s brought over 130 young professionals from across the Lloyd’s market together to introduce them to Lloyd’s Community Programme and encourage them to volunteer their time.
Against the backdrop of a changing risk landscape, Lloyd's has launched the market’s inaugural Innovation Awards, to recognise underwriters in the market who "think outside the box"
The winners of this year’s Science of Risk Prize channelled innovative computer science approaches to two of society's biggest challenges: food and cyber security.
On 18 November a seminar, hosted by Lloyd’s, brought together successful technology entrepreneurs and leaders from the London insurance market to debate the risks and rewards of technological disruption drawing insights from other companies and sectors which have already embraced technological change.
In its annual Remembrance Day ceremony, the Lloyd's market pauses to pay tribute to those who have served.
Lloyd’s can play a vital role in protecting China’s economic growth by improving resilience and bringing innovative insurance products to the market, said Inga Beale, Lloyd’s CEO, at the recent Lloyd’s China Day event in Beijing (30 October).
On 29 October Lloyd’s held their 17th Meet the Market in Milan, in collaboration with the Italian Lloyd’s Correspondent Association (ILLCA).
On Friday 30 October the Prime Minister of New Zealand, Rt Hon John Key, visited Lloyd’s, the world’s specialist insurance market.
Increasing insurance penetration is the key to supporting Latin American economies to realise their full potential and build resilience to a new range of natural and manmade risks.
The genteel spa town of Baden-Baden in south-west Germany is transformed for a week in October by the arrival of hundreds of executives from the global insurance industry.
Lloyd’s has signed a Memorandum of Understanding (MoU) with China Taiping Insurance, one of China’s leading insurance companies.
On Friday 16 October, Lloyd’s CEO Inga Beale pledged Lloyd’s support for the Target Two Degrees campaign, which raises awareness about the need to tackle global warming
On 7 October, San Francisco joined Atlanta, Boston and Chicago on the list of US Meet the Market tour destinations.
On 8 October Lloyd’s Canada held their second Meet the Market in Vancouver at the Canadian Broadcast Centre, following on from the successful event held in Toronto in 2014.
Last week Lloyd’s Meet the Market team touched down in the Midlands
John Nelson, Chairman of Lloyd’s, and Mark Carney, Governor of the Bank of England, made the headlines at this year’s City Dinner (29 September), held for the first time in the underwriting room in the Lloyd’s building.
On September 25 Inga Beale, Lloyd's CEO addressed a packed audience of some 130 professionals at an event organised by Keidanren, Japan's largest business organisation, also known as the Japan Business Federation.
Lloyd’s intends to apply for an onshore reinsurance licence in Malaysia as part of its Vision 2025 strategy to increase its support to the world’s fastest growing economies.
Lloyd’s Chairman John Nelson recently participated in a five-day trade mission to South East Asia to boost ties between the UK and Asia, as part of a delegation hosted by UK Prime Minister David Cameron.
The US-UK Fulbright Commission and Lloyd’s are pleased to announce the extension and expansion of the Fulbright – Lloyd’s of London Awards for academics and professionals to carry out risk related research in the US.
Lloyd’s Patriotic Fund is supporting the UK’s Armed Forces Day on 27 June 2015 by making a donation of £250,000 to two armed services charities: Blind Veterans UK and Forward Assist.
Lloyd's Japan and Sompo Japan Nippon Koa Insurance Inc. launch a new facility to support M&A activity in Japan.
In partnership with the ABI, Lloyd’s presents a basic guide to cyber insurance.
With 81% of large UK businesses and 60% of small companies suffering a cyber security breach in the last year, a new report published by HM Government and Marsh, and supported by Lloyd’s, has announced a new set of joint initiatives between Government and the insurance sector.
As part of Lloyd’s Charities Trust’s ongoing partnership with international disaster relief charity RedR, Lloyd’s hosted RedR’s Annual Patrons and Corporate Supporters Drinks Reception yesterday in the company of RedR’s President HRH The Princess Royal.
A new report from the World Economic Forum identifies the biggest risks facing the world – and the important role insurance can play in mitigating them.
Risk expertise and analytics provided by Lloyd’s insurer Amlin is helping Formula E race team Amlin Aguri develop a winning strategy, according to Peter McCool, Technical Director of Amlin Aguri.
The insurance industry needs to adopt more innovative thinking and forge collaborative partnerships with governments and other service providers if it is to solve the problem of underinsurance, according to a new report from industry think-tank, the Geneva Association.
This year's two Science of Risk winners have both channelled a multi-disciplinary approach to further their chosen perils of flood and volcanic eruption.
By opening its doors to private energy investment Mexico is expected to boost demand for specialist (re)insurance.
Lloyd’s syndicates have provided an innovative solution to the problem of getting damaged ocean-going racing yachts and their crews home safe and sound, a solution now being used by teams taking part in the Volvo Ocean Race.
Lloyd’s today observed a two-minute silence as 5,000 poppy petals fell onto the underwriting floor to mark the anniversary of the World War One armistice.
Lloyd’s was delighted to welcome the President of Singapore, Tony Tan Keng Yam, to the underwriting room in London during his State Visit to the UK last week.
Lloyd's has further enhanced its capital strength through the successful issue of a new £500m 10-year subordinated bond last week.
Lloyd's Community Programme has awarded bursaries to support four students from inner London as they study away from home.
Lloyd’s has today reported a profit of £1.67bn for the first six months of 2014, marking a 21% increase on the corresponding period last year.
The deadline for Lloyd's Market Charity Awards is fast approaching. Colleagues working in the Lloyd’s market have until 1 October to nominate a charity to receive a donation of £2,000 from Lloyd’s Charities Trust.
As driving becomes more computerised, what are the potential associated cyber vulnerabilities and how might they be exploited by hackers?
Lloyd’s China has been awarded a licence to establish a branch office in Beijing, further strengthening the international development of the Lloyd’s market.
Lloyd’s is providing specialist insurance to the FIA Formula E Championship, an exciting new all-electric motor racing sport that kicks-off in Beijing this weekend.
Leading City figures gathered last week for the twelfth annual Lloyd’s City Dinner, hosted by Chairman John Nelson and featuring guest speaker Sir Michael Rake, President of The Confederation of British Industry (CBI).
Interest in Arctic shipping is growing, although ship operators need to engage with their insurers to ensure that effective insurance cover continues to be made available, according to insurance broker Marsh.
When the plight of 33 miners trapped underground at the collapsed San Jose copper-gold mine in Chile became a global news sensation in August 2010, it brought public attention to safety risks in the mining industry.
The US medical professional liability landscape is currently in a state of transition. Lloyd’s underwriters are set to play a bigger role across the pond following the launch of two specialist underwriting platforms in the US.
Fast forward to 2025 and it is estimated that China will have 221 cities with over one million inhabitants and an urban population of one billion, according to McKinsey.
A British team led by Olympian Sir Ben Ainslie is on course to challenge for The America’s Cup, one of the world’s toughest sailing events, a process that will require first rate risk management and insurance.
Under government plans the UK could have its first space port up and running by 2018, supporting the development of a new-breed of low cost spaceplanes that can take tourists to very high altitudes and orbit satellites into space.
As every aspect of life and business becomes digitised, so too does our ability to understand how individual events relate to each other and this will change the way we live.
Updates to the recent US geological survey show that certain areas face a higher threat of earthquakes than previously thought.
As sea levels rise, ground levels in coastal megacities are also falling – with potentially disastrous implications for insurers.
Lloyd’s Chief Risk Officer and General Counsel, Sean McGovern has been reappointed to the board of the US Federal Advisory Committee on Insurance (FACI).
As the need for energy security drives investment in renewable energy, the insurance industry is responding by providing innovative products to mitigate some of the potential volatility.
As Britain commemorates the 100th anniversary of World War One, we take a look at our wartime contribution, and interview long-time underwriter John Hamblin about his project to profile each of Lloyd's lost heroes.
Sustained economic growth and the introduction of open market policies are creating new opportunities for foreign insurers to diversify their interests in Colombia.
As China's wealth and consumerism grow, so too does its demand for insurance to protect assets - from homes and cars to works of art, jewellery and fine wine.
The FBI puts the worldwide cost of crimes linked to art at nearly $4bn a year – eclipsed only by the drugs and arms trades. And yet fewer than half of stolen works are insured.
Soon, billions of objects will have their own IP address. And this connected world could turn insurance models on their heads.
They’re a daily occurrence, and while the mildest tremors go unnoticed, the most violent tear the countryside apart, reduce cities to rubble and generate terrible personal and economic losses. Better buildings, infrastructure and emergency responses all play a key role in mitigating earthquake risk.
With the 2014 World Cup now behind us, how did our insurable value measures fare as predictors of success on the pitch?
The World Bank's Understanding Risk conference took place between 30 June and 4 July with the aim of producing actionable information on climate change. But it was the Prince of Wales and Lloyd's Chairman John Nelson who set the agenda in the week before.
Pro-cyclists are among the hardest of all athletes to insure, but that doesn’t deter Lloyd’s specialist underwriters.
As the world grows ever more dependent on satellite technology, space operators are beginning to face up to an increasing threat from cyber attacks, according to Denis Bensoussan, Head of Space at Beazley.
Lloyd’s has today published a set of new minimum standards for managing agents, in line with good market practice and relevant Solvency II requirements.
With the UK celebrating Armed Forces Day on 28 June, Lloyd’s Patriotic Fund (LPF) has announced it is donating £200,000 to be split between two organisations supporting the Armed Forces community – Walking with the Wounded (WWTW) and the Queen Alexandra Hospital Home (QAHH).
Big sporting events can mean big money for advertisers and sponsors. But with the costs of potential scandals involving premiership footballers and other leading sports celebrities, these campaigns can come at a price.
The volume of business between Lloyd’s and China will grow substantially over the next decade according to Lloyd’s Chairman John Nelson.
Race-goers and tennis fans will be praying for good weather in the next few weeks as the British summer sporting calendar gets into full swing with Royal Ascot this week and Wimbledon on Monday.
Construction underwriters ready their capacity for the UK’s 40bn high-speed rail network.
Lloyd’s has predicted that based on insurable value, Germany has the most expensive team competing in the 2014 FIFA World Cup and therefore should come away with the prize in Rio.
Asian Development Bank (ADB) focused on Asia's natural catastrophes exposures in a recent report, calling on Lloyd's research to voice its concern about the region's high level of underinsurance.
Errors and omissions liability can be so costly for technology companies as to be catastrophic. A new consortium at Lloyd’s has brought together the capacity and claims expertise designed to help businesses protect themselves against an E&O bombshell.
Beazley Group recently adopted a more joined-up approach to Corporate Social Responsibility, with some promising results, explains Madelaine Smith during National Volunteering Week.
The first-ever African catastrophe insurance pool has been launched to cover drought losses in five countries, with the hope that it will expand over time to encompass more of the African countries within the World Food Programme.
Trouble on the streets of cities across Brazil is making headlines as football fans everywhere get ready for the World Cup. But civil unrest and political violence is a significant problem in many countries today.
Mega infrastructure and energy projects in the Middle East and North Africa (MENA) have been grabbing the headlines, creating opportunities for insurers and reinsurers.
As insurers continue to grapple with the unknowns of the natural world, this year's Science of Risk prize is hoping to gain new insight from the scientific community.
On 15 May 2014, Lloyd’s Head of Exposure Management, Trevor Maynard, hosted a Twitter discussion on the effects of climate change. Here you can browse some of the highlights from the session.
In early May Lloyd’s took its popular Meet the Market event to Boston, the first such event in the US, and the first visit for Lloyd’s recently appointed Chief Executive Officer to North America.
The debate over whether climate change is a man-made phenomenon is no longer as important as the debate over how to plan for, and mitigate, the risks posed by it.
Against a background of more frequent severe weather events, such as floods and windstorms, a new report from Lloyd’s highlights the importance of insurers ensuring that their catastrophe modelling tools keep pace with the effects of climate change.
A raft of environmental regulation around the world, the increasing cost of remediation and high-profile environmental accidents: these are some of the reasons why risk managers regularly cite environmental liability as one of the emerging risks keeping them awake at night.
As wearable devices become a reality, lloyds.com considers the likely data and privacy implications for businesses.
Last week risk managers from across Europe visited Lloyd’s to better understand how to access the Lloyd's and London market’s expertise and underwriting capacity in order to effectively manage and transfer their companies’ risks.
Recent research shows a very high level of awareness of the Lloyd's brand globally, with the world’s oldest insurance market the second most spontaneously mentioned brand of insurers and reinsurers after AIG.
The application of emerging autonomous technologies could see self-driving cars, futuristic flying machines and other robotic devices become part of our daily lives within a few decades. However, legal and regulatory changes, as well as new insurance products, will be needed to make this vision of the future a successful reality, according to a new Lloyd’s report.
Using satellite information to better understand and monitor natural catastrophes has gained pace in the insurance industry in recent years. This is, in part, thanks to a reduction in costs and a growth in understanding of the benefits.
As the green shoots of economic recovery have started to show in key markets like the UK and US, demand for mergers and acquisitions (M&A) insurance has been rising.
Lloyd’s has published a new strategy for 2014-2016, setting out how it will work towards achieving its 2025 goals. The plan details how the Corporation will support managing agents, brokers and capital providers in an evolving distribution and capital environment.
Cybercrime is on the increase, but an increasing awareness of the problem is expected to drive demand for more specialist insurance.
Unforeseen production delays due to cast injuries, damaged equipment, accidents and natural disasters can spell disaster for a film’s bottom line, according to a Lloyd’s panel debate at FILMART, Asia’s largest film trade show.
During a visit to Brazil, the UK’s Chancellor of the Exchequer, George Osborne MP announced that Hiscox is the latest insurer to join the Lloyd’s Brazil reinsurance platform.
Lloyd’s was honoured at this year’s City of London’s Sustainable City Awards for its “outstanding report” on business and insurance implications of food safety and security.
A heightened risk of flooding and increased threats to food and water security, are among the main findings of the latest report from the Intergovernmental Panel on Climate Change (IPCC).
The Queen and The Duke of Edinburgh visit Lloyd's to unveil a plaque commemorating the market’s 325th anniversary.
Lloyd’s has today announced a profit of £3.2bn with a combined ratio of 86.8%, in its most profitable year since 2009.
The complex concept of “catastronomics” - how diverse multi-trillion dollar catastrophic scenarios could impact the economy - was under the microscope at a University of Cambridge seminar earlier this month.
Well-built infrastructure underpins resilient economies, but the quality of construction practices vary across the globe. As an increasing number of emerging markets embark on ambitious infrastructure plans, insurers have a key role to play in safeguarding standards.
Lloyd’s is delighted to announce scooping yet another accolade this year - this time at the Marketing Design Awards 2014.
The key to remaining resilient and keeping brands and reputations intact is responding quickly and appropriately, according to a recent report from Airmic.
While the Polar Regions offer significant opportunities in oil and gas reserves, they also present extreme and fast changing risks. Due to increased activity in the region, an international code of safety is being developed for ships operating in these waters.
We are delighted to announce that Lloyd's was crowned 9th place at the Top Employers Institute awards last night.
Recent extreme weather in the UK – the wettest winter since Met Office records began in 1912 - has disrupted a number of events. However, specialist event insurance will have softened the blow for many of those with cover.
As well as disrupting human society, recent flooding in the UK poses a threat to the safety of livestock – and the finances of their owners. Fortunately for farmers in the worst hit areas, livestock losses from the extreme floods of 2014 have so far been relatively low.
Recent extreme winter weather has seen a rise in an unusual, yet potentially deadly, geological phenomena, that of sinkholes. But while the mechanics of sinkholes are fairly well understood, more research is needed to identify any potential links to climate change and human activity.
A severe flu pandemic could cost 4.8% of global GDP – or more than $3tn, according to the World Bank. The statistic is a sobering reminder that, beyond the deadly human toll, pandemics pose a serious economic threat – and preventing them should be a priority, not just for health and agriculture experts, but for insurers too.
80 years after Lloyd’s pioneered directors and officers insurance in the US, Lloyd’s syndicates Beazley and Hiscox have joined forces to form a D&O consortium that is designed to enable the provision of higher limits of insurance to US clients faced with litigation risks.
The UK construction sector is seeing its fastest increase in commercial work since August 2007 – a sign that it may finally be out of the doldrums and a positive indicator for underwriters.
Technical advancements and regulatory changes could see many more unmanned aerial vehicles (UAVs) taking to our skies in years to come, but Lloyd’s underwriters are already insuring this fledgling technology.
Retail and transport sectors face the highest risk of terrorist attack, according to the latest research from Lloyd’s broker Aon.
Lloyd’s Director of International Markets, Vincent Vandendael, is responsible for helping the market to achieve ambitious growth internationally. He talks to lloyds.com about how the world's insurance requirements will change over the coming decade and what the market must do to take advantage of these opportunities.
High profile skiing accidents have refocused attention on the potential hazards associated with winter sports and the importance of taking appropriate safety measures.
The Chinese Year of the Horse is upon us, and with it comes the release of numerous commemorative coins cut from precious metals. We speak to the broker that places insurance at Lloyd’s on behalf of one of the UK’s leading bullion merchants.
The insurance industry’s ability to model the potential impact of natural disasters around the world has been advanced by the launch of an open source framework that’s backed by Lloyd's and a community of well-known (re)insurers and brokers.
Income disparity, extreme weather and the balkanisation of the internet are among the global risks on the agenda at Davos this year.
Predicted to cost $50bn, the 2014 Winter Games in Sochi, Russia, will be the most expensive in Olympics history. We explore the complexities of providing cover for this type of large-scale sporting event.
The launch of three new syndicates at Lloyd’s is a sign that insurance investors see the market as a strong platform for growth.
Insurers watch their aggregates after Europe’s worst sequence of storms in over 20 years.
Due to increasing vessel sizes and growing cargo volumes, the cost of removing shipwrecks, such as the stricken Costa Concordia, is spiralling, marine experts warn.
Political risk in emerging markets is expected to heighten in 2014 as governments look to balance lower economic growth with the increased expectations of their growing populations.
From the procurement of the steel to pumping the first gas, Lloyd’s is leading the insurance of Shell’s pioneering liquefied natural gas (LNG) facility, Prelude.
Widespread natural disasters in 2013 reminded insurers of the potential for high aggregate losses across their portfolios – but also highlighted the continuing problem of underinsurance in high growth economies.