Lloyd’s buys back £102m of debt securities
Lloyd’s, the world’s leading specialist insurance market, announced today that it will repurchase the local currency equivalent of £102 million of its outstanding debt securities, following its invitation to holders to submit offers to sell their holdings. Lloyd’s had offered to purchase up to £100m of the securities.
Lloyd’s […]
Filed under: News | No Comments »
Climate change will dramatically alter global business and trade
Climate change will increase water scarcity, alter food production and dramatically change energy supply and migration patterns, according to a new report released today by Lloyd’s, the world’s leading specialist insurance market.
Climate change and security: risks and opportunities for business, launched in conjunction with the […]
Filed under: News | No Comments »
Lloyd’s offers to buy back up to £100m debt
Lloyd’s, the world’s leading specialist insurance market, announced today that it is offering to buy back some of its subordinated debt securities.
Lloyd’s is inviting holders of the €300,000,000 5.625% Fixed/Floating Rate Subordinated Notes due 2024 (ISIN: XS0205875395) (the “2024 Notes”), the £300,000,000 6.875% Subordinated Notes due […]
Filed under: News | No Comments »
Lloyd’s announces $35,000 climate change partnership
Lloyd’s, the world’s leading specialist insurance market, today announced it is partnering with the Brazilian Foundation for Sustainable Development (FBDS) to raise awareness of climate change in the country.
The new partnership will seek to help businesses, government bodies and individuals throughout the region, understand climate change and how […]
Filed under: News | No Comments »
Lloyd’s opens its first office in Brazil
Lloyd’s, the world’s leading specialist insurance market, today opens its Brazilian office, a year after receiving approval from the Superintendence of Private Insurance (SUSEP) to become the first admitted reinsurer in the country.
Lloyd’s Brazil, located in Rio de Janeiro, will allow syndicates and managing agents to offer reinsurance […]
Filed under: News | No Comments »
Tom Bolt appointed as new Underwriting Performance Director
Lloyd’s, the world’s leading specialist insurance market announced today that Tom Bolt has been appointed as the new Underwriting Performance Director.
He will take up his new post in the early Autumn, replacing Rolf Tolle who will retire at the end of the year.
Mr Bolt […]
Filed under: News | No Comments »
Lloyd’s announces £1.9 billion (€2.0bn) profit for 2008
Solid performance in challenging economic conditions
Strong capital position
Continuing focus on underwriting discipline
Lloyd’s, the world’s leading specialist insurance market, today announced a profit of £1,899 million (€1,956m) for 2008.
Financial highlights:
profit before tax of £1,899m (€1,956m) (2007: £3,846m);
combined ratio of 91.3% (2007: 84.0%) compares favourably with an estimated average […]
Filed under: News | No Comments »
Lloyd’s announces £1.9 billion (US$2.7bn) profit for 2008
Solid performance in challenging economic conditions
Strong capital position
Continuing focus on underwriting discipline
Lloyd’s, the world’s leading specialist insurance market, today announced a profit of £1,899 million (US$2,735m) for 2008.
Financial highlights:
profit before tax of £1,899m (US$2,735m) (2007: £3,846m);
combined ratio of 91.3% (2007: 84.0%) compares favourably with an estimated average […]
Filed under: News | No Comments »
Lloyd’s announces £1.9 billion profit for 2008
Solid performance in challenging economic conditions
Strong capital position
Continuing focus on underwriting discipline
Lloyd’s, the world’s leading specialist insurance market, today announced a profit of £1,899 million for 2008.
Financial highlights:
profit before tax of £1,899m (2007: £3,846m);
combined ratio of 91.3% (2007: 84.0%) compares favourably with an estimated average of 101% for […]
Filed under: News | No Comments »
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 […]
Filed under: News | No Comments »