Lloyd's
Lloyd’s is an insurance and reinsurance marketplace. The Lloyd’s market provides the leadership and insight to anticipate and understand risk, and the knowledge to develop relevant, new and innovative forms of insurance for customers globally. It offers the efficiencies of shared resources and services in a marketplace that covers and shares risks from more than 200 territories, in any industry, at any scale.
Lloyd’s updates executive team, splits chief of markets functions
Lloyd’s updates executive team, splits chief of markets functions
Rachel Turk and Caroline Sandeman-Allen are tasked with underwriting and oversight, respectively.
Insurers need data-based models amidst trillion-dollar solar storm scenario
Greater China is forecasted to record $429b whilst Asia-Pacific at $375.
Insurance could cushion a $14t economic loss from a pandemic scenario
The transportation sector will be significantly hit, which accounts for 10% of the global GDP.
Lloyd's faces volatility from catastrophe, long-tail risks
Reinsurance, the largest segment of Lloyd’s, contributed US$23b in GWP last year.
Commentary
AI isn’t replacing insurance, it’s finally making it work