Lloyd’s of London
21 businesses vie for a place in latest cohort for Lloyd’s Lab
The Lloyd’s Lab held a pitch day for its 14th cohort earlier this week, with 21 businesses vying for a spot in the 10-week accelerator programme.
Penny Black’s Social Diary: Kennedys’ commute and ABI’s sandwiches
Penny Black is back, sharing the tittle-tattle she overheard at insurance industry events, reviewing the quality of buffets at conferences and giving a thumbs up – or down – to the sector’s social media posts.
Lloyd’s CFO urges market not to get ‘carried away’
Lloyd’s chief financial officer Burkhard Keese has warned the market that it is not yet out of the woods, as it posted pre-tax profits of £9.6bn for 2024.
Probitas reports ‘best-ever result’ after Aviva acquisition
Aviva’s Lloyd’s vehicle Probitas has reported its “best-ever result” for 2024, posting pre-tax profit of £62m.
New business drives Lloyd’s growth in 2024
Lloyd’s has trailed its 2024 results, revealing that gross written premiums across the market hit £55.5bn by the end of last year.
Hannah Kate Smith leaves Lloyd’s for Guy Carpenter
Former Lloyd’s of London operations and engagement director Hannah Kate Smith joined Guy Carpenter last month as international head of distribution and market relations.
Lloyd’s predicts potential $2.4trn extreme space weather loss
The latest systemic risk scenario from Lloyd’s and the Cambridge Centre of Risk Studies has revealed that the global economy could be exposed to losses of $2.4trn over five years if a solar storm occurred.
Why London is the place to be for insurtech’s brightest stars
Trade Voice: Melissa Collett, CEO of Insurtech UK, highlights why London remains the global hub for insurtech innovation and what’s needed to unlock its full potential.
Throwback Thursday: Cue’s success and Lloyd’s IT puzzle
Insurance Post’s Throwback Thursday returns to February 1995, reminding you what happened this week in insurance history, when Cue was already spotting fraud, and Lloyd’s was struggling with IT.
Settlement reached in Covid event cancellation dispute
A $90m (£71.2m) reinsurance dispute involving several Lloyd’s syndicates over losses incurred by Covid-enforced event cancellations in the US and UK during 2020 and 2021 has been settled.
Big Interview: Steve Tooze, Extinction Rebellion
Steve Tooze, spokesperson for climate pressure group Extinction Rebellion, tells Damisola Sulaiman about the group’s motivations for targeting the insurance industry, responds to questions from the companies his organisation has targeted and shares plans…
Convex to launch Lloyd’s syndicate in April
Convex is set to launch a Lloyd’s syndicate later this year, bringing to an end years of speculation about whether the Stephen Catlin-founded insurer would return to the industry veteran’s old stomping ground.
Extinction Rebellion to double protests this year
Extinction Rebellion plans to double direct actions staged against the insurance industry this year.
Enhanced underwriting to grow significantly at Lloyd’s in the next decade
Elizabeth Jenkin, underwriting director at the LMA, outlines why the Lloyd’s market could be on its way to bifurcating between strong leaders and automated followers.
Is there such a thing as a ‘happy ship’ in insurance?
News Editor’s View: With wholesale changes, widespread redundancies, and apparently tonnes more M&A to come, is there such a thing as a happy ship in insurance?
Cliff to succeed Keese as Lloyd’s CFO
Lloyd’s chief financial officer Burkhard Keese is set to step down later this year, to be succeeded by his deputy Alexandra Cliff.
Extinction Rebellion identifies ‘wanted’ CEOs
Extinction Rebellion has targeted five insurance companies in the City of London this morning (30 January).
Throwback Thursday: Biba’s City conference and Sweetmail
Insurance Post’s Throwback Thursday steps back in time to January 1985 to remind you what was going on this week in insurance history when the British Insurance Brokers’ Association Conference was a far smaller affair and Sweetmail cover was on offer.
What insurers should do to stop sexual harassment
Analysis: Damisola Sulaiman reviews the progress of trade bodies in responding to the Financial Conduct Authority’s findings on sexual harassment in the industry and explores what steps insurers and brokers can take to prevent abusive incidents and the…
Fitch expects mixed fortunes for UK non-life insurers in 2025
Fitch Ratings has predicted that the UK non-life insurance sector will have mixed fortunes in 2025, with some parts of the market facing an uphill battle to turn a profit.
Blueprint Two build on track for Q1 completion
Lloyd’s deputy chief financial officer Alexandra Cliff has said the technology build for the market’s Blueprint Two modernisation programme is set to complete by the end of Q1.