News

Insurance

California wildfires will dent Lloyd’s property underwriting, Lloyd’s warns

Over 85% of Lloyd’s wildfire losses have been in property class, says market chief.   14 March 2025

Technology

Lloyd’s Blueprint Two digital switchover delayed until 2026

Tech partner Velonetic says too much at stake to rush implementation.   26 March 2025

Insurance

Lloyd’s leans on US E&S and Europe in drive for 8% GPW gain in 2025

Growth below target in ’24 points to a market ready to put margin first, insists outgoing CEO Neal.   20 March 2025

Insurance

Lloyd’s expects $2.3bn hit from California wildfires

Preliminary 2024 profits down, combined ratio rises 3%.   10 March 2025

Insurance

Africa Specialty Risks gains Lloyd’s approval to operate in Morocco

Broker gets nod to offer Lloyd’s Market capacity to underserved North-West Africa.   13 March 2025

Alternative Risk Transfer

Flood Re closes debut £140m cat bond through Lloyd’s London Bridge

Retrocessional cat bond marks first time ILS vehicle has been used by Lloyd’s entity.   17 March 2025

Insurance

Extreme space weather could cost global economy $2.4tr: Lloyd’s

Just one solar storm could cost $17bn, according to latest systemic risk scenario.   4 March 2025

Insurance

Lloyd’s carbon startup gets lead capacity backing from Tokio Marine HCC

Markel calls the new offering a ‘key enabler’ for corporate net-zero goals.   20 March 2025

Insurance

MS Amlin, MSIG launch Lloyd’s, company market dual stamp UW capability for brokers

It simplifies trading for brokers with single gateway to Lloyd’s and company markets.   12 March 2025

Reinsurance

Rokstone signs binder deal with Lloyd’s syndicate to bolster property fac portfolio

MGA gets fresh capacity for international facultative property, power and onshore energy.   18 March 2025

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