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The executive said that work was underway to make sure the energy transition is “led by Lloyd’s”. -
Political violence and terrorism will also be a focus class for the Corporation, amidst geopolitical turmoil.
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Growth opportunities at Lloyd’s no longer limited to top underwriting performers, Insurance Insider’s survey shows.
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Growth slows from last year’s 20%, while QBE and TMK close the gap on Brit and Beazley.
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The product is led by Canopius and IQUW, with support from three other Lloyd’s insurance company markets.
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The roadmap sets out planned oversight processes and regulatory expectations on climate-related risk management, capital and reserving as well as transition planning.
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The box is expected to be manned by Pen's team of specialist marine underwriters.
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Phase one of Blueprint Two will see Lloyd’s market participants move to Velonetic’s new digital service portal.
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Blueprint Two should help reduce the claims-process timeline, according to a panel at Insurance Insider’s London Market Conference.
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London’s insurance market is booming in some ways yet still has multiple challenges to address.
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The new contract will include annual rent increases of 3%-5%.
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Unity will provide $50mn of coverage supporting the export of grain and other commodities.
