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- British Insurer Lloyd's Performs Well in Part Due to Natural Disaster Division.
- Daily Mail, London Knight Ridder/Tribune Business News Apr. 17--Insurers at the Lloyd's market are a hardy breed. They take disaster in their stride. Cataclysms take a little longer, but they are all in the line of business. Chaucer Holdings is...
- Research articles 2004-04-17
- Lloyd's of London.
- The Daily Telegraph According to sources, Lloyd's of London is likely next week to announce an estimated increase in losses from the US terrorist attacks in its quarterly figures. Two weeks after the attacks Lloyd's judged its exposure to be [pound]1.3bn (e2.1bn). It ...
- Research articles 2001-11-26
- Lloyd's of London.
- The Observer Lloyd's of London, the insurance market, has bolstered its finances for the second time since September 11 to meet soaring claims following the US terrorist attacks. The firm has rushed through emergency measures allowing individual names (investors who put...
- Research articles 2001-10-22
- Judge denies request for Jaffray appeal.(Brief Article)(Statistical Data Included)
- LONDON--Lloyd's of London names who had hoped to appeal the verdict in the Jaffray vs. Lloyd's fraud case have been dealt a blow by the judge in the case. At a Dec. 21 hearing, Mr. Justice Cresswell, the presiding judge, denied the 216 names...
- Research articles 2001-01-08
- Lloyd's bullish on opportunities as prices firm.(Lloyd's of London)(Statistical Data Included)
- Lloyd's of London has had an up-and-down year. While the Jaffray vs Lloyd's fraud case this spring recalled the turbulent period following Lloyd's huge losses in the early 1990s, the market is optimistic about its future. "Lloyd's is now firmly re-established as an authoritative commentator. We...
- Research articles 2000-08-28
- Lloyd's of London to Cut 300 Jobs in its Insurance Services Unit.
- Knight Ridder/Tribune Business News Sep. 18--The Lloyd's market is to axe 300 jobs in its insurance services division in a UKpound 10 million cost-cutting drive. The division has 1000 staff. Lloyd's chief executive Ron Sandler says: "Insurance worldwide is experiencing radical restructuring to ...
- Research articles 1998-09-21
- Horror at Lloyd's; anger on Main Street.(Books)(Business)
- It's a rare investor who likes to own up to losing money, even in the vain hope of recovering funds thrown at a failed venture. But in Risky Business: An Insider's Account of the Disaster at Lloyd's of London (Scribner, $25, 343 pages), Elizabeth Luessenhop ...
- Research articles 1996-09-15
- Lutine bell tolls relief for Lloyds.(regulators approve creation of Lloyd's of London's reinsurance company Equitas)
- LONDON--Lloyd's of London celebrated the successful conclusion of its 3.2[pounds] billion reconstruction and renewal plan last week after receiving final regulatory authorization for Equitas, the reinsurer that will separate the market from its old-year liabilities. The occasion was celebrated formally with the ringing of the Lutine...
- Research articles 1996-09-09
- Lloyd's vote on renewal plan still too close to call.(Lloyd's of London)
- NEW YORK--While most London insurance market observers believe Lloyd's proposed reconstruction and renewal plan offers the best deal to those members shouldering the biggest liabilities, it is by no means assured the plan will get the membership's approval, or that the plan will be successful if...
- Research articles 1996-03-25
- Next four months seen as crucial to Lloyd's survival.(Lloyd's of London)
- LONDON - The next four months are crucial to the future of Lloyd's as the market enters the final stretch of its reconstruction and renewal plan, officials here contend. This month brings the release of "indicative finality statements" to its 34,000 members worldwide, indicating to them...
- Research articles 1996-03-18
- Middleton abruptly leaves Lloyd's.(Lloyd's of London CEO Peter Middleton)
- LONDON--The abrupt resignation last week of Peter Middleton' the Lloyd's chief executive officer, shocked many in the marketplace and left some with a sense of unease about the timing of the move. However, Mr. Middleton indicated in an interview he had finished ...
- Research articles 1995-11-20
- Lloyd's called on to reduce costs, streamline. (Lloyd's of London)
- LONDON - Lloyd's must be more responsive to the interests of shareholders if the market wants to be more attractive to institutional investors and get the best price for shares in corporate capital vehicles, an official with a U.K. fund manager contends. The market has high...
- Research articles 1995-11-13
- Mkt. forces seen changing Lloyd's.(market forces, Lloyd's of London)
- LONDON--Increased competition from very substantial rivals means Lloyd's will have to change the way it approaches business in the future, a leading Lloyd's underwriter says. For example, there is a perception in the Lloyd's market that because certain large syndicates failed in the past, all large...
- Research articles 1995-11-06
- Some Lloyd's syndicates show reserve surplus.(Lloyd's of London)
- LONDON--The ongoing Lloyd's project to calculate the extra reserves needed to finalize members' liabilities shows that some syndicates are in a surplus position, according to Lloyd's Chief Executive Officer Peter Middleton. "We have taken, with full justification, a more optimistic view of pollution liabilities than...
- Research articles 1995-11-06
- Lloyd's jarred by solvency scrutiny. (Lloyd's of London)
- LONDON - The Lloyd's market was again in the spotlight and its officials on the defensive last week following a spate of newspaper articles here with headlines screaming that Lloyd's is on the brink of collapse. Lloyd's officials angrily said that the reports of the ...
- Research articles 1995-05-01
- Re recoverables dispute at Lloyd's. (reinsurance) (Eagle Star Insurance Co.)
- LONDON - A Lloyd's syndicate recently won a lawsuit against Eagle Star Ins. Co. in a dispute about reinsurance recoverables which has far-reaching implications in the London market. For just over 18 years, the London-based Eagle Star had regularly paid claims on a run-off...
- Research articles 1993-02-01
- Lloyd's reports progress on task force suggestions. (Lloyd's of London)
- Good progress is being made in implementation of recommendations made in the report of the Lloyd's Task Force at the beginning of this year, according to a Lloyd's statement. "Work on progressing the recommendations has been carried out by appropriate committees of the Council...
- Research articles 1992-07-20
- Lloyd's in peril. (financial troubles of insurer Lloyd's of London) (editorial)
- The survival of Lloyd's of London can no longer be taken for granted THE market that pioneered big-risk insurance of merchants' ships, Lloyd's of London, ought to be as safe as the best-protected harbour. instead, it is heading for the rocks. It is losing...
- Research articles 1991-07-27
- Time-Tested Lloyd's Turns to Address U.S. Disaster Losses
- Lloyd's of London, the world's oldest and most visible insurer, has set about dealing with the aftermath of the terrorist attacks of Sept. 11. Two weeks after the event, it released its projected net loss figures. Due to Lloyd's unique structure, calculating the potential losses required extra time and energy....
- White papers 2001-10-29
- Offshore Update
- The article describes offshore U.S. terrorism risk insurance. As reported by IADC in its August Drill Bits, the U.S. Congress has been deliberating the Terrorism Risk Insurance Act of 2002, (S.2600), which would provide the insurance industry additional security in the wake of the September 11 attacks. Lloyd's of London...
- White papers 2002-09-01
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