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Hiscox revises down hurricane claim estimates

Lloyd's of London underwriter Hiscox said it now estimates net claims for Hurricanes Harvey, Irma and Maria to total around $225m, having previously estimated the same amount for Harvey and Irma alone.

Business • 07 Nov 17

Lloyd's warned that most losses from cyberattacks were not insured

Cyberattack could cost global economy $53bn - Lloyd's

A serious cyberattack could cost the global economy as much as $53 billion, putting it on a par with Hurricane Sandy in 2012, according to a report by Lloyd's of London.

technology • 17 Jul 17

Recent deadly attacks in London and Manchester have underlined the need for changes in insurance cover

Attacks on Western cities prompt insurers to adapt

The changing nature of attacks in Western cities has led insurers to offer new policies, from straightforward cover for business lost due to police cordons to more risky compensation for declines in tourism.

Business • 15 Jun 17

Firms must decide where they will headquarter their European operations post-Brexit

The Battle for Brexit business

As the details of Brexit continue to be worked out, a number of companies have announced where they will relocate their business operations in order to maintain access to the EU single market.

Brexit • 13 Jun 17

Aviva chairman said his company was 'Brexit ready'

UK insurers say they are ready for Brexit

A base in mainland Europe will help insurer Lloyd's of London increase its market share on the continent in the medium term, its chairman John Nelson said today.

Business • 26 Apr 17

Lloyd's of London has confirmed that it will open up an office in Brussels due to Brexit

Lloyd's of London confirms new Brussels office

Insurance market Lloyd's of London has chosen Brussels as the site for its European Union subsidiary because of its strong regulatory framework, it said today.

Business • 30 Mar 17

Lloyd's has been one of the firms most vocal about the need for a EU subsidiary if the UK has no access to the single market

Lloyd's of London picks Brussels for EU subsidiary

Lloyd's of London, the world's largest speciality insurance market, has picked Brussels for its planned European Union subsidiary, The Insurance Insider reported last night.

Business • 29 Mar 17

Lloyd's has been one of London's most vocal financial services firms about the need for an EU subsidiary if Britain has no access to the single market after leaving the bloc

Lloyd's to choose Brussels or Luxembourg over Dublin

Lloyd's of London, the world's largest speciality insurance market, will this week pick Brussels or Luxembourg for its planned European Union subsidiary, after Dublin had been an early favourite, sources say.

Business • 27 Mar 17

Lloyd's of London underwriter Hiscox underwrites a range of risks from oil refineries to kidnappings

Hiscox considers two EU countries ahead of Brexit

Lloyd's of London underwriter Hiscox was in talks with regulators in Luxemborg and Malta over setting up a new insurance base in one of the countries to service European Union clients after Britain leaves the bloc.

Business • 27 Feb 17

Beazley had already planned to develop its presence in Dublin to access more business in continental Europe

UK insurer Beazley to develop business in Dublin

Lloyd's of London insurer Beazley will hire additional staff in Ireland to establish a European insurance company in Dublin after the Brexit vote, its chief executive has said.

Business • 03 Feb 17