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

Corporation News

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.

Corporation News

Lloyd’s Chairman, Bruce Carnegie-Brown and Chief Executive, Inga Beale’s annual email to the market reflecting on 2017.

Corporation News
Lloyd's Market Charity Award winners 2017

Lloyd’s Charities Trust is proud to announce the 2017 winners of the Lloyd’s Market Charity Awards

Corporation News

Lloyd’s has successfully concluded its normal twice a year capital assessment for all syndicates and capital providers (members).

Corporation News

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.

Corporation News

Lloyd's CEO, Inga Beale, reacts to the news that the UK and EU plan to move to the next phase of Brexit talks.

Corporation News

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.

Corporation News
The GB Wheelchair rugby team, Lloyd's Rugby team and Inga Beale

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.

Corporation News
Claims round the world

Lloyd’s has launched a new campaign to promote its claims service.

Corporation News
Employer Recognition Scheme logo

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.

Corporation News

Lloyd's CEO, Inga Beale, responds to the UK government's new Industrial Strategy.

Corporation News

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.

Corporation News

Lloyd’s Corporation has announced it is implementing a coal exclusion policy as part of its responsible investment strategy for the Central Fund.

Corporation News
Admiral Lord Nelson

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.

Corporation News

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.

Corporation News

The London Market Group (LMG) announced that Property & Casualty classes of business went live on the PPL platform today.

Corporation News

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.

Corporation News

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

Corporation News
London makes it possible

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.

Corporation News

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.

Corporation News

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.

Corporation News

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.

Corporation News

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.

Corporation News

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.

Corporation News
Lloyd's Market Charity Awards

Are you involved with a charity that deserves £2,000?

Corporation News

Amid all the noise around Brexit, it is great to see the British Government lead on the significant issue of global underinsurance.

Corporation News

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

Corporation News

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.

Corporation News
Bruce Carnegie-Brown

Bruce Carnegie-Brown officially started as Lloyd’s new Chairman today, taking up the role following the retirement of John Nelson.

Corporation News
Cloud sculpture installation

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.

Corporation News

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.

Corporation News

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.

Corporation News

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.

Corporation News

Access presentations and resources following our Latin America Week in April

Corporation News
Lloyd's team collecting award

We're delighted to have been awarded the Maritime Service Provider of the year at the Singapore International Maritime Awards 2017.

Corporation News
Lloyd’s Primary School - China

Global Corporate Social Responsibility is one of our key strategic priorities, but how are we actually making a difference to communities around the world?

Corporation News

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.

Corporation News

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.

Corporation News

Delegates from the Hong Kong Maritime & Port Board (HKMPB) visited Lloyd’s in London.

Corporation News
Meet the Market Miami

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.

Corporation News
Superbrands

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

Corporation News
Dr Liam Fox (left), Britain’s Secretary of State for International Trade, with Mr Kent Chaplin at Lloyd’s office in Singapore

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.

Corporation News

The Lloyd’s market improved its ClimateWise environmental performance score in 2016, according to an independently verified report

Corporation News

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.

Corporation News
John Nelson with a senior delegation of leading Chinese insurers

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.

Community
Michaele Hawkins from Lloyd’s Community Programme and Helen Sanson & Rebecca Wood from Tower Hamlets Education Business Partnership with the Lord Mayor

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.

Corporation News
Sadiq Khan

London’s Mayor and Lloyd’s Chairman John Nelson set out post-Brexit vision

Community

Are you involved with a charity that deserves £2,000?

Corporation News
TOM

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

Community

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.

Corporation News

On Monday 11 July the London Market Group (LMG) announced that PPL had begun trading.

Corporation News
Colombia office opening

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.

Corporation News

Lloyd’s Chairman, John Nelson, comments on the result of the UK’s referendum on its membership of the European Union

Corporation News
John Nelson, Chairman of Lloyd's

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)

Corporation News
Pathwys to city resilience

On February 17, Lloyd’s and American Security Project, a nonpartisan national security think-tank, hosted “Pathways to City Resilience”.

Corporation News
John Nelson, Lloyd's Chairman

Now that the Brexit referendum has been set for Thursday 23 June 2016, I wanted to write to you regarding Lloyd’s position.

Corporation News

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.

Corporation News
Davos

Risk connectivity and complexity is an urgent challenge for policymakers and business leaders, according to a new study from the World Economic Forum

Corporation News

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.

Corporation News

Lloyd's Asia Pacific regional hub is trialling Open Trading Sessions in Singapore, allowing brokers to interact directly on site with Lloyd's underwriters

Community
Market Charity Awards

Thirty charities were presented with donations of £2,000 each from Lloyd’s Charities Trust at a lunchtime reception on Wednesday 16 December 2015.

Corporation News
mexico

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.

Corporation News
TOM

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.

Corporation News

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.

Community

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.

Corporation News

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"

Corporation News

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.

Corporation News

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.

Corporation News

In its annual Remembrance Day ceremony, the Lloyd's market pauses to pay tribute to those who have served.

Corporation News

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).

Corporation News

On 29 October Lloyd’s held their 17th Meet the Market in Milan, in collaboration with the Italian Lloyd’s Correspondent Association (ILLCA).

Corporation News

On Friday 30 October the Prime Minister of New Zealand, Rt Hon John Key, visited Lloyd’s, the world’s specialist insurance market.

Corporation News

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.

Corporation News

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.

Corporation News

Lloyd’s has signed a Memorandum of Understanding (MoU) with China Taiping Insurance, one of China’s leading insurance companies.

Corporation News

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

Corporation News

On 7 October, San Francisco joined Atlanta, Boston and Chicago on the list of US Meet the Market tour destinations.

Corporation News

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.

Corporation News

Last week Lloyd’s Meet the Market team touched down in the Midlands

Corporation News

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.

Corporation News

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.

Corporation News

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.

Corporation News

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.

Community

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.

Community

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.

Corporation News

Lloyd's Japan and Sompo Japan Nippon Koa Insurance Inc. launch a new facility to support M&A activity in Japan.

Emerging Risk

In partnership with the ABI, Lloyd’s presents a basic guide to cyber insurance.

Corporation News

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.

Community

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.

Market News

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.

Market News

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.

Market News

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.

Corporation News

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.

Market News

By opening its doors to private energy investment Mexico is expected to boost demand for specialist (re)insurance.

Market News

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.

Corporation News

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.

Corporation News

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.

Corporation News

Lloyd's has further enhanced its capital strength through the successful issue of a new £500m 10-year subordinated bond last week.

Community

Lloyd's Community Programme has awarded bursaries to support four students from inner London as they study away from home.

Corporation News

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.

Community

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.

Market News

As driving becomes more computerised, what are the potential associated cyber vulnerabilities and how might they be exploited by hackers?

Corporation News

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.

Market News

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.

Corporation News

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).

Emerging Risk

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.

Market News

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.

Market News

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.

Market News

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.

Market News

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.

Market News

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.

Market News

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.

Environment

Updates to the recent US geological survey show that certain areas face a higher threat of earthquakes than previously thought.

Market News

As sea levels rise, ground levels in coastal megacities are also falling – with potentially disastrous implications for insurers.

Corporation News

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).

Environment

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.

Corporation News

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.

Market News

Sustained economic growth and the introduction of open market policies are creating new opportunities for foreign insurers to diversify their interests in Colombia.

Market News

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.

Market News

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.

Market News

Soon, billions of objects will have their own IP address. And this connected world could turn insurance models on their heads.

Market News

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.

Market News

With the 2014 World Cup now behind us, how did our insurable value measures fare as predictors of success on the pitch?

Environment

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.

Market News

Pro-cyclists are among the hardest of all athletes to insure, but that doesn’t deter Lloyd’s specialist underwriters.

Market News

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.

Corporation News

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.

Community

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).

Market News

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.

Corporation News

The volume of business between Lloyd’s and China will grow substantially over the next decade according to Lloyd’s Chairman John Nelson.

Market News

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.

Market News

Construction underwriters ready their capacity for the UK’s 40bn high-speed rail network.

Market News

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.

Market News

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.

Market News

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.

Community

Beazley Group recently adopted a more joined-up approach to Corporate Social Responsibility, with some promising results, explains Madelaine Smith during National Volunteering Week.

Market News

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.

Geopolitical

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.

Market News

Mega infrastructure and energy projects in the Middle East and North Africa (MENA) have been grabbing the headlines, creating opportunities for insurers and reinsurers.

Emerging Risk

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.

Emerging Risk

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.

Corporation News

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.

Corporation News

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.

Emerging Risk

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.

Market News

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.

Market News

As wearable devices become a reality, lloyds.com considers the likely data and privacy implications for businesses.

Corporation News

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.

Corporation News

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.

Market News

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.

Market News

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.

Market News

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.

Corporation News

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.

Market News

Cybercrime is on the increase, but an increasing awareness of the problem is expected to drive demand for more specialist insurance.

Market News

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.

Corporation News

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.

Corporation News

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.

Emerging Risk

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).

Corporation News

The Queen and The Duke of Edinburgh visit Lloyd's to unveil a plaque commemorating the market’s 325th anniversary.

Corporation News

Lloyd’s has today announced a profit of £3.2bn with a combined ratio of 86.8%, in its most profitable year since 2009.

Emerging Risk

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.

Market News

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.

Corporation News

Lloyd’s is delighted to announce scooping yet another accolade this year - this time at the Marketing Design Awards 2014.

Market News

The key to remaining resilient and keeping brands and reputations intact is responding quickly and appropriately, according to a recent report from Airmic.

Emerging Risk

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.

Corporation News

We are delighted to announce that Lloyd's was crowned 9th place at the Top Employers Institute awards last night.

Market News

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.

Environment

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.

Environment

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.

Market News

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.

Market News

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.

Market News

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.

Market News

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.

Geopolitical

Retail and transport sectors face the highest risk of terrorist attack, according to the latest research from Lloyd’s broker Aon.

Corporation News

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.

Market News

High profile skiing accidents have refocused attention on the potential hazards associated with winter sports and the importance of taking appropriate safety measures.

Market News

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.

Market News

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.

Emerging Risk

Income disparity, extreme weather and the balkanisation of the internet are among the global risks on the agenda at Davos this year.

Market News

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.

Corporation News

The launch of three new syndicates at Lloyd’s is a sign that insurance investors see the market as a strong platform for growth.

Environment

Insurers watch their aggregates after Europe’s worst sequence of storms in over 20 years.

Emerging Risk

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.

Geopolitical

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.

Market News

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.

Environment

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.

Corporation News

Corporation News

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