Higher interest rates boost Lloyd’s of London September 4, 2025 Lloyd’s of London, the world’s leading insurance and reinsurance market, has reported a profit before tax of £4.2bn for the first half of 2025. Gross written premiums climbed to £32.5bn, up from £30.6bn reported for the same period last year. Its underwriting result fell to £1.5bn, down from £3.1bn the previous year, as the market’s [...]
Beazley: Shares slump after profit falls August 13, 2025 Shares in Lloyd’s of London insurance group Beazley fell more than 11 per cent after the company reported a sharp drop in profit for the first half of 2025. Beazley reported a profit before tax of $502.5m (£371.9m) for the six months ending 30 June 2025, down from the $728.9m reported in the first half [...]
Hiscox shares jump after firm lifts buyback despite wildfire losses August 6, 2025 Shares in Lloyd’s of London insurer Hiscox jumped more than 10 per cent in early deals this morning after the company hiked its share buyback. Overall, the group posted a slight fall in interim profit as wildfire claims hit its reinsurance division, but the group increased capital returns on the back of substantial investment income. [...]
Lloyd’s chair says marketplace must ‘extend’ leading position July 1, 2025 The new chair of Lloyd’s has vowed to “strengthen and extend” the insurance marketplace’s industry leading position after the sector was identified as a ‘frontier industry’ in the government’s newly minted Industrial Strategy. In a speech seen exclusively by City AM, Sir Charles Roxburgh hailed the “success of Lloyd’s and the London insurance market”, saying [...]
Lloyd’s of London new CEO sets out vision and new executive team June 2, 2025 Patrick Tiernan kicked off his first day as Lloyd's new chief executive with a letter, telling the market his aim "is to make working at Lloyd's always feel special"
Hiscox picks former Man Group boss as new chair May 29, 2025 Peter Clarke, the former CEO of Man Group, has been appointed to join Hiscox's board
To deliver growth, Lloyd’s of London’s new CEO has to be ruthless May 12, 2025 In order for Lloyd's of London to prosper, Patrick Tiernan must be ruthless in his leadership, writes LMA CEO Sheila Cameron.
Lloyd’s of London selects Patrick Tiernan for CEO position May 8, 2025 Lloyd's of London appointed Patrick Tiernan as its chief executive officer after John Neal revealed in January is was going to step down
Serious Fraud Office charges Lloyd’s broker over bribery April 17, 2025 The Serious Fraud Office has accused a UK insurance company of failing to prevent international bribery.
Trump’s tariffs set to drive UK insurance coverage costs up April 4, 2025 After the US slapped several of the world's largest economies with tariffs, the insurance market in the UK prepares for increased costs.