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Beazley launches a new Marine War consortium,to provide $1 billion of Lloyd’s capacity

Beazley launches a new Marine War consortium,to provide $1 billion of Lloyd’s capacity

by AIP Online Bureau | Apr 17, 2026 | International News, Non-Life, Reinsurance

Adrian Cox, CEO at Beazley, said,“I’m proud that the Marine market, in which we are a leader, continues to play a vital role in maintaining continuity of trade amidst ongoing conflict.” Patrick Tiernan, CEO at Lloyd’s, said,“I welcome the launch of this timely...
Chaucer and Ceto launch Lloyd’s marine MGA, integrating real-time vessel data into underwriting

Chaucer and Ceto launch Lloyd’s marine MGA, integrating real-time vessel data into underwriting

by AIP Online Bureau | Mar 25, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

With the global fleet now averaging more than 22 years of service, vessel age and other uniform parameters in isolation are an increasingly blunt indicator of risk. The MGA’s underwriting method aligns insurance capacity more closely with demonstrated...
Lloyd’s of London receives license to set up operations in India’s GIFT-IFSC

Lloyd’s of London receives license to set up operations in India’s GIFT-IFSC

by AIP Online Bureau | Mar 24, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Two of Lloyd’s Syndicates, Syndicate 2047 set up by Bobby Swarup’ Niyam Group and Syndicate 2454, belonging to Africa Specialty Risks(ASR), have already announced their decisions to be part Lloyd’s platform in the GIFT-IFSC. GIFT...
Lloyd’s market engaging with US government over Gulf maritime plan, officials say

Lloyd’s market engaging with US government over Gulf maritime plan, officials say

by AIP Online Bureau | Mar 5, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“Lloyd’s is engaging constructively with the U.S. Development Finance Corporation and relevant stakeholders, with a clear focus on ensuring that the Lloyd’s market continues to lead as the global center of excellence for war risk insurance,” a Lloyd’s spokesperson...
SCOR and AXA jointly to launch Lloyd’s consortium for ecological restoration insurance

SCOR and AXA jointly to launch Lloyd’s consortium for ecological restoration insurance

by AIP Online Bureau | Jan 21, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Jean-Paul Conoscente, CEO of SCOR P&C, commented: “Restore enhances the likelihood of successful completion for ecological restoration projects and provides greater project confidence. By partnering with AXA, we can scale our impact and help address one of the...
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