Lloyd’s of London
Red Cross pleads insurers to back humanitarian insurance approach
During its London Summit, The International Federation of Red Cross and Red Crescent Societies has appealed for more insurers to support its insurance mechanism, as funding for humanitarian needs reaches an all time high.
Protesters storm Lloyd’s insurer offices over fossil fuel projects
Hundreds of protesters have gathered outside the offices of 10 Lloyd’s of London insurers today, demanding they rule out insuring the West Cumbria coal mine and the East Africa Crude Oil Pipeline.
Tributes paid to London Market veteran Neville Hunt
Neville Hunt, a stalwart of the London Market who dedicated more than 50 years of his life to the industry, has passed away.
Allianz's Graham Gibson, Aviva, NFU and Zurich among winners at 2023 Claims & Fraud Awards
Allianz chief claims officer Graham Gibson, pictured, won the prestigious Achievement Award at the Insurance Post Claims and Fraud Awards yesterday evening (5 October) at The Brewery.
Q&A: Charmaine Chow, Dale Underwriting Partners
Charmaine Chow, head of legal and governance at Dale Underwriting Partners, speaks to Frances Stebbing about building a Lloyd’s managing agency and what it means to be a diversity and inclusion champion.
How the Insurance Post Top 75 MGAs List 2023 was produced
Market analyst Insuramore reviewed revenues - defined as fees and commissions earned in relation to UK-based risks from any kind of direct non-life insurance - to produce Insurance Post's Top 75 MGAs List.
Top five steps insurers can take to be disability confident
Collecting data, avoiding non-inclusive terms, and remaining authentic were some of the key actions given to insurers at the Dive In Festival, as the sector was urged to become disability confident.
How allies helped insurance’s LGBTQ+ community
During a Dive In Festival event, LGBTQ+ community members explained the impact allies who “show up” and don’t “shy away” from important conversations have had on the insurance industry.
Insurance must ‘level the playing field’ and accept more diverse ideas
Industry experts have challenged what diversity really means and how creating diverse teams reduces the risks of “blind spots” at this year’s Dive In Festival.
Lloyd’s captive pipeline ‘strong’ as government explores separate regulatory regime
Lloyd’s has signalled that the launch of the market’s first captive syndicates in decades could be close at hand.
Lloyd’s accused of ‘fanning the flames’ of the climate crisis
Campaign group Mothers Rise Up attended Lloyd’s of London investor autumn conference last week to halt investment in any Lloyd's insurers that continue to underwrite new fossil fuels.
Cyber market edges towards systemic risk solutions
Participants in the quickly growing cyber insurance market are pushing for commonly held definitions of catastrophic or systemic events.
Big Interview: Dame Inga Beale
As the ninth Dive In festival kicks off, Dame Inga Beale tells Emma Ann Hughes she doesn’t see the greater diversity, inclusion and modernisation she pushed for as Lloyd’s first female CEO as her legacy — but as her continuing mission.
Climate change not primarily responsible for rising nat cat claims at Lloyd’s
Climate change will “amplify” other factors that increase natural catastrophe claims but are not the main driver of the upward trend observed in recent years, according to Lloyd’s.
Lloyd’s chief takes aim at ‘moronic’ D&O underwriting
Lloyd’s chief of markets Patrick Tiernan has said he does not want to be forced to remediate a “shambolic” directors' and officers' insurance market, and instead expects to see a “voluntary pullback” from underwriting that has caused concern among market…
Are the City’s insurers struggling to stay sober?
Analysis: Frances Stebbing explores how the City of London’s drinking culture has been challenged and whether the sector finally recognises it needs to allow people the option to wake up as fresh as a daisy if it wants to attract and retain fresh talent.
Top 30 European Insurers revealed
Allianz and Axa have held on to the top two spots on Insurance Post's Top 30 European Insurers 2023 list and accounted for slightly under a quarter of total GWP in the dataset, which was produced by AM Best.
#3 Lloyd's
Lloyd’s remains steadfastly in third place on Insurance Post’s Top 30 European Insurers 2023 List, reporting low-to-mid-teen average premium growth for the year.
How Top 30 European Insurers 2023 was produced
On behalf of Insurance Post, AM Best ranked the 30 largest European insurers, according to non-life gross written premium to illustrate the movements in market position and financial performance between 2022 and the previous year.
Greenpeace targets reinsurers at Monte Carlo Rendez-Vous
Protesters have disrupted the annual reinsurance meeting in Monte Carlo, pleading with the sector to stop coverage for deforestation and oil exploration in Congo.
Neal predicts consolidation as Lloyd’s delivers £3.9bn H1 pre-tax profit
Lloyd’s CEO John Neal has said the market’s underwriting performance is “as good as we’ve seen in recent decades”, as it reported a £3.9bn profit before tax for the first half of 2023.
Details of Dive In Festival 2023 revealed
Registration for Dive In, the insurance industry’s festival promoting diversity, equity and inclusion, is now open via diveinfestival.com.
24 firms battle it out on 11th Lloyd’s Lab pitch day
The Lloyd's Lab programme is returning for its eleventh cohort, seeking “fresh ideas” to challenge how the insurance sector operates and help the Lloyd’s market better serve its customers.
Aston Lark’s latest acquisition; World Nomads’ travel product partnership; and Lloyd’s unveils Women’s Cricket Team
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.