Lloyd's Press Releases

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Up-to-the-minute news from the Lloyd's press room.
Updated: 1 hour 11 min ago

New data-driven methodology allows insurers to identify liabilities across entire portfolios for the first time

14 March, 2017 - 14:30
For the first time (re)insurers will be able to model liability exposure probabilistically across their entire portfolios thanks to an innovative new data-driven methodology developed by Lloyd’s, the specialist insurance and reinsurance market, and modelling company Arium.

Insurance industry urged: take action to avoid “stranded assets”

23 February, 2017 - 09:41
The insurance industry could face asset-stranding and liabilities on a global scale as a result of climate change, according to a new report published today by Lloyd’s.

Bruce Carnegie-Brown confirmed as next Chairman of Lloyd's

20 February, 2017 - 12:58
Bruce Carnegie-Brown is to become the Chairman of Lloyd’s following a meeting of the Council of Lloyd’s where his appointment as successor to John Nelson was approved unanimously. This appointment also had the unanimous support of the Lloyd’s Franchise Board.

Lloyd’s issues new £300m Tier 2 subordinated debt issue

31 January, 2017 - 16:09
Lloyd's has strengthened its capital position following the issuance of a new £300m 30-year Non-Call 10 subordinated bond.

Lloyd's to open India branch in advance of April reinsurance renewals - Insurance Regulatory Development Authority of India grants final approval

19 January, 2017 - 10:47
Lloyd's, the specialist insurance and reinsurance market, announced plans to open a reinsurance branch in India, in time for the April major reinsurance renewals, following final regulatory (R3) approval from the Insurance Regulatory Development Authority of India (IRDAI).

Richard Pryce of QBE appointed to Lloyd's Franchise Board

6 January, 2017 - 08:59
Lloyd’s announced today that Richard Pryce, CEO for QBE European Operations, has been appointed by the Council of Lloyd’s as a non-executive director of the Franchise Board, the body which is responsible for the day-to-day running of the Lloyd’s market.

Polar Code sets new industry standards

3 January, 2017 - 09:38
A new set of industry standards, POLARIS, provides critical risk mitigation directives and support to underwriters writing marine risk in polar waters when the new Polar Code, a code of practice for ships operating in the Arctic and Antarctic, comes into force on 1 January 2017.

Charities celebrate £2,000 grants at Lloyd’s Market Charity Awards

15 December, 2016 - 10:11
Different Strokes, Depaul UK, and Teenage Cancer Trust were among the winners at Lloyd’s Market Charity Awards, held on 14 December.
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