Satisfaction with Lloyd’s grows year on year

Satisfaction with Lloyd’s grows year on year
Overall customer satisfaction with Lloyd’s, the world’s leading specialist insurance market, has improved year on year, with its 2008 Customer Satisfaction Survey revealing the highest results for its front end processes, such as speed and accuracy of quotations and contracts.
According to the fourth annual survey, overall customer satisfaction […]

Lloyd’s Community Programme celebrates its 20th year

Lloyd’s Community Programme celebrates its 20th year
The Lloyd’s Community Programme is celebrating its 20th anniversary with a series of events involving volunteers and companies from across the market.
Since it was launched by HRH Prince of Wales on 8 February, 1989, the programme has gone from strength to strength, with over 900 volunteers from 60 […]

Lloyd’s announces new appointments to its Council and Franchise Board

Lloyd’s announces new appointments to its Council and Franchise Board
Lloyd’s, the world’s leading specialist insurance market, today announced the following appointments to its Council and Franchise Board:
Lord Levene was re-elected as Chairman of Lloyd’s;
Andreas Prindl was elected as a Deputy Chairman, and Ewen Gilmour and Graham White were re-elected as Deputy Chairmen of […]

Lloyd’s announces IBM as Exchange pilot provider

Lloyd’s announces IBM as Exchange pilot provider
Lloyd’s, the world’s leading specialist insurance market, today announced the selection of IBM to deliver the Lloyd’s Exchange pilot.
The Exchange will allow market participants to transfer risk information to each other using electronic messaging standards. This will remove the need to maintain multiple connections with other parties and […]

Erik Börjesson appointed as new Nordic Area Manager for Lloyd’s

Erik Börjesson appointed as new Nordic Area Manager for Lloyd’s
Lloyd’s, the world’s leading specialist insurance market, today announced the appointment of its first Nordic Area Manager.
Erik Börjesson will be based in Stockholm and will assist Lloyd’s syndicates and managing agents in building relationships with insurance buyers and intermediaries in the Nordic area, which also […]

Lloyd’s helps address the ‘digital divide’ with charity donation

Lloyd’s helps address the ‘digital divide’ with charity donation
Lloyd’s Charities Trust has donated £50,000 to the e-Learning Foundation, to provide children from low income families with computers at home and access to their schools’ online networks for their studies.
The e-Learning Foundation is this year’s recipient of Lloyd’s Special Award 2008, a donation which goes […]

Hurricanes Gustav and Ike: Statement by the Society of Lloyd’s

Hurricanes Gustav and Ike: Statement by the Society of Lloyd’s
Lloyd’s, the world’s leading specialist insurance market, announced today its provisional loss estimate for Hurricanes Gustav and Ike.
In line with analyst’s estimates of an aggregate $20-25 billion industry loss, it is expected that Lloyd’s will face net claims of $2.34 billion/£1.3 billion. This covers […]

Lloyd’s reports 2008 interim results (US$)

Lloyd’s reports 2008 interim results (US$)
Highlights
Profit before tax of £949 million (US$1,889 million)(June 2007 £1,807 million)
Combined ratio of 89% continues to compare well with our peers who recorded an estimated average of 99% for US property & casualty insurers (i); 98% for US reinsurers (ii); 86% for Bermuda (iii); and 96% for European […]

Lloyd’s reports 2008 interim results

Lloyd’s reports 2008 interim results
Highlights
Profit before tax of £949 million (June 2007 £1,807 million).
Combined ratio of 89% continues to compare well with our peers who recorded an estimated average of 99% for US property & casualty insurers (i); 98% for US reinsurers (ii); 86% for Bermuda (iii); and 96% for European insurers and reinsurers.
Investments […]

Lloyd’s reports 2008 interim results (EU)

Lloyd’s reports 2008 interim results (EU)
Highlights
Profit before tax of £949 million (€1,196 million) (June 2007 £1,807 million).
Combined ratio of 89% continues to compare well with our peers who recorded an estimated average of 99% for US property & casualty insurers (i); 98% for US reinsurers (ii); 86% for Bermuda (iii); and 96% […]