by AIP Online Bureau | Aug 10, 2023 | Breaking News!, Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance, Risk Management
“Availability of cover for Taiwan has got tighter,” said Crispin Hodges, head of trade and political risk with insurer Canopius, “We’ve been tightening up the wording to ensure that the policies reflect the underlying risk that we want to insure and there aren’t any...
by AIP Online Bureau | Sep 15, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
A consequent rise in interest rates to combat inflation contributed to a loss of £1.8 billion in the first six months of the year at Lloyd’s, Neal said. The decline in profit was attributed to a net investment loss of £3.1 billion from unrealized mark-to-market...
by AIP Online Bureau | Jun 17, 2022 | International News, Non-Life, Reinsurance
Bruce Carnegie-Brown, chairman, Lloyd’s “It has been a privilege to serve as Lloyd’s Chairman over the last five years, and I am honoured to be re-appointed. There remains a great deal that we still need to do across the market and Corporation to build on...
by AIP Online Bureau | Jan 6, 2022 | International News, Non-Life, Reinsurance, Risk Management
The rebrand has been supported by the twenty-five members of the initiative from the Lloyd’s market. With a capacity of £150m, several success stories have emerged, for example: a parametric business interruption product for cloud outages, launched by Parametrix in...
