Lloyd's
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Covid-19 claims are expected to reach £6.2bn on a gross basis as major claims added 23 points to the 2020 combined ratio. -
The product leverages real-time GeoNet data to automatically pay customers within five days following a strong earthquake.
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Trapped capital subdued the firm's overall fund return to a 1.6% gain, as primary insurance gains outweighed reinsurance losses.
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The new capacity for the sidecar first launched in 2019 will be invested solely in EBRD bonds.
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The start-up's reinsurance division will target cat and retro business as well as a selection of specialty lines.
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The Lloyd’s CEO said it was not for business to set the tone on climate, as the Corporation laid out its first ESG report.
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The deal will help the Aquiline-owned syndicate diversify away from motor insurance.
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Could a back-to-basics approach see ILS firms shun Lloyd's advantages for lower-cost alternatives?
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The Corporation has focused on its plans to create a digital marketplace in Blueprint Two, its latest strategy document.
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Lloyd’s CEO points to the likelihood of a drawn-out dispute in comments on an Airmic panel.
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Investors will be able to see their capital instruments in real time, CEO John Neal said during Insurance Insider’s virtual (Re)Connect event.
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The newly created role will focus on broker relationships in the E&S markets.
