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Lloyd’s

 

 

Arch positive on growth despite headwinds: Papadopoulo

Chief executive says ‘plenty of profitable opportunities remain’ amid tighter capacity and trade wars

Bermuda Arch Capital

London ILS market ‘catching up’: Lloyd’s Keese

Underwriting discipline remains key to ensuring the Lloyd’s market provides the return on capital needed to attract third-party investors, the corporation’s outgoing CFO says

London Lloyds

Beazley premiums climb 2% in softening market

Cyber premiums fall 2% in the quarter as rates slide 8% in ‘competitive’ market

London Beazley

Carbon CEO retires on health grounds

Nick Tye steps down following multiple sclerosis diagnosis, with Jacqui Ferrier named as successor

London Lloyds

Probitas CEO Bathia to retire

Ash Bathia and Lloyd’s insurer’s managing director, Nick Bacon, will step down in post-acquisition leadership transition

London Lloyds

Marine MGA Amphitrite increases war capacity

Managing general agent adds $40m of Lloyd’s capacity to support growth

Lloyds Marine

Chaucer launches third-party liability AI risk product

Specialist insurer partners with insurtech Armilla AI on product that provides legal defence and liability protection for claims arising from AI underperformance issues

Lloyds Chaucer

London market CEOs enjoy bumper pay in 2024

Lancashire chief executive, Alex Maloney, received total remuneration of £5.9m last year, while Hiscox chief, Aki Hussain, earned £4.6m, driven by higher bonuses and long-term incentive award

London Lloyds

Westfield Specialty hires Benbow to lead fine art and specie team

London-based re/insurer hires Mark Benbow from Axis to lead newly launched team

London Lloyds

Apollo launches drone and eVTOL facility

Lloyd’s carrier partners with MGA Moonrock on facility targeting ‘rapidly expanding’ passenger drone sector

London Specialty

SFO charges broker UIB over bribery allegations

UK authorities allege Lloyd’s broker failed to stop US business partners bribing Ecuador officials

United Kingdom Ecuador

Africa a ‘significant opportunity’ for Lloyd’s: ASR's Boreham

Martin Boreham, active underwriter of Africa Specialty Risks’ syndicate 2454, discusses the Lloyd’s business’s first year of operation and its plans for the future

London Middle East and Africa
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