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Lloyd’s partners with World Bank Group in bid to boost guarantees to $20bn by 2030

Lloyd’s partners with World Bank Group in bid to boost guarantees to $20bn by 2030

by AIP Online Bureau | Sep 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Lloyd’s CEO, John Neal, said, “Collaboration is the hallmark of the Lloyd’s market, and through our ongoing partnership with MIGA, the (re)insurance industry has facilitated projects around the world which are having a tangible impact on the local and national...
Charles Roxburgh KCB to succeed Carnegie-Brown as chairman of Lloyd’s from May,2025

Charles Roxburgh KCB to succeed Carnegie-Brown as chairman of Lloyd’s from May,2025

by AIP Online Bureau | Sep 19, 2024 | International News, Non-Life, Regulation, Reinsurance

Sir Charles Roxburgh KCB , chairman-designate, Lloyd’s of London “I look forward to working with the Council, with John and the strong executive team, and with the wider Lloyd’s market to guide Lloyd’s to even greater success in the future” Sir Charles...
Lloyd’s financial strength rating upgraded by AM Best

Lloyd’s financial strength rating upgraded by AM Best

by AIP Online Bureau | Aug 7, 2024 | International News, Non-Life, Reinsurance

Today’s upgrade from AM Best follows that of S&P Global at the end of last year, with both agencies acknowledging the strength and resilience of Lloyd’s balance sheet.The upgrade further enhances Lloyd’s ability to attract and retain investors due to its unique...

Lloyd’s and Bermuda Monetary Authority to foster innovation and education access

by AIP Online Bureau | May 29, 2024 | International News, Non-Life, Regulation, Reinsurance, Risk Management, Technology

“This joint agreement will ensure we share the knowledge and expertise needed to deliver the products and solutions to tackle our customer’s challenges and support the growth ambitions of our markets in the years to come” London: Lloyd’s, the world’s leading...
Africa Specialty Risks launches ASR Syndicate 2454 at Lloyd’s

Africa Specialty Risks launches ASR Syndicate 2454 at Lloyd’s

by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Currently, only 2% of Lloyd’s business comes from Africa, something which ASR Syndicate 2454 is strategically placed to expand. ASR began underwriting in February 2021, with the explicit aim of closing the insurance gap in Africa and facilitating international...
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