Law360, London: A Lloyd's of London broker is scheduled to stand trial in 2027 over allegations it failed to prevent its associates in the US from bribing an Ecuadorian official in exchange for lucrative reinsurance contracts worth US$38m.

Lloyd's of London (Lloyd's) has issued a bulletin reminding managing agents that fines or other regulatory penalties imposed by a regulator in relation to business it undertakes on behalf of a syndicate may not be charged to the syndicate as a syndicate expense. Lloyd's states that such a fine or penalty would not be a ‘Permitted Trust Outgoing’ for the purposes of the Premiums Trust Deed and it should be borne by the managing agent.​ Lloyd's issued the statement as part of its regular risk assessment process.

Lloyd's has issued a market bulletin regarding a revised proposal which constitutes amendments to the Agency Agreements Byelaw (the Byelaw) to regularise the limitation periods that apply to all the agency agreements scheduled to the Byelaw. The four different agency agreements scheduled by the Byelaw include the Members’ Agent’s Agreement (MEM), Agents’ Agreement (AAG), Managing Agent’s Agreement (General) (MAA (G)) and the Managing Agent’s Agreement (Corporate Member) (MAA (CM)). The deadline for any comments on the proposed changes is 3 February 2023.

Law360, London: Lloyd's of London said on 4 September 2025 the next phase of its long-awaited modernisation plan will now not take place until 2028.

Lloyd's of London has issued the first 144A catastrophe bond on its risk transformation platform London Bridge 2 PCC Limited. The indemnity reinsurance coverage provides multi-year protection for named storm and earthquake events affecting the US, Canada and parts of the Caribbean. The transaction, sponsored by Beazley, brings the aggregate issuance of securities to institutional investors by the London Bridge vehicles to approximately US$750m, across 13 cells.

Lloyd's of London has confirmed that it has received approval from the High Court to transfer EEA policies to Lloyd's Insurance Company SA, its registered office in Brussels.​ This follows previous confirmation that Lloyd’s of London would be transferring existing European business, which will be affected by the loss of passporting rights from Lloyd’s ​members to Lloyd’s Europe.

Law360, London: Lloyd’s of London (Lloyd’s) has denied misleading one of its members into believing he could temporarily change his underwriting classification, a move the longtime underwriter said is expected to cost him more than £5.8m.

Lloyd's has published a report called ‘Generative AI: Transforming the cyber landscape’. The report explores how generative AI could be used by threat actors and cyber security professionals and highlights its potential impacts on the cyber risk and insurance landscape. The report is split into four chapters: 1. The story so far, 2. Transformation of cyber risk, 3. Consideration for businesses and insurance, and 4. Taking action.

Law360, London: An appellate court dismissed on 5 February 2026 the attempt by the corporate member of a Lloyd's syndicate to overturn a ruling that barred it from pursuing arbitration in New York against the captive insurer for Tyson Foods, in a dispute over cover following a fire at one of Tyson Foods’ plants in Alabama.

Lloyd's of London has announced outstanding profitability for both underwriting and investment sides and a strong balance sheet for its full year 2023 (FY 2023) financial results. The market delivered an underwriting profit of £5.9bn, obtained investment returns of £5.3bn and supported central and market-wide solvency ratios of 503% and 207% respectively through its strong and resilient balance sheet.

Arises in connection with Lloyd's which is a market in the City of London where members join together as syndicates to insure risks.

Law360, London: A Lloyd's of London syndicate has agreed to a settlement with another syndicate in a US$90m dispute between insurers and underwriters over losses it allegedly suffered when the coronavirus (COVID-19) pandemic led to trade and entertainment venues being shuttered across the world.