Lloyd’s
Navigating the realities of US casualty
A combination of litigation funding, social inflation and increasingly assertive jury verdicts mean US casualty insurance sector players have to contend with a risk landscape that does not exist in other markets
Lloyd’s names Bichard CFO as Cliff exits
Alexandra Cliff to leave Lloyd’s after less than a year as the corporation’s chief financial officer
Asta launches financial lines MGA Verde Risk Management
New MGA will write commercial crime, management liability and financial institutions business across the UK, European and international markets
UIB appoints Spreadbury to lead downstream energy practice
Former Price Forbes head of renewables joins Lloyd’s broker
Markel strengthens China platform with senior casualty hire
Mao joins Markel as its first casualty underwriter operating through the Lloyd’s China platform
Westfield Specialty aims to be a ‘significant’ cyber leader in London
Newly launched cyber offering will initially target the middle-market and large corporate segments
Cargo ship hit by Russian mine faked war risk cover note
But mortgagees entitled to mortgage interest insurance payout, Commercial Court rules
Lloyd’s reports progress in 2025 culture survey
Corporation says improvements in culture have become ‘consolidated’
Politics will remain a challenge for marine insurance in 2026, LMA’s Roberts warns
‘Sheer unpredictability of events is anathema to trade’, Lloyd’s Market Association’s marine head argues
Kita launches non-payment insurance for carbon projects
MS Amlin backs new portfolio, with TMK and Chaucer also providing capacity
LMA names Ki’s Bellamy underwriting director
Ki syndicate 1618 chief underwriting officer Matthew Bellamy joins trade body
Statera approved as Lloyd’s managing agent
Approval allows Statera to bring management of syndicates 4242 and 1416 in-house from Asta
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