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Lloyd’s of London represents a key global hub for specialty re/insurance risks. The market’s high cost base and traditional reluctance to embrace technological reform has raised questions about its competitiveness, prompting the launch of The Future at Lloyd’s initiative in 2019. This section contains news, analysis and insight examining developments in this project as Lloyd’s works to strengthen its position in the global specialty re/insurance industry.  

Pandemic accelerates strategic challenges facing re/insurers

The re/insurance sector is potentially facing its biggest loss ever from the coronavirus pandemic, but the crisis has also created opportunities and added fresh impetus to firms’ innovation and transformation programmes

Coronavirus Lloyds

Viewpoint: Professional indemnity hard market requires a consistent approach from carriers

Underwriters are under pressure to justify each piece of new business they write because it could mean throwing out a profitable renewal

Casualty International

Viewpoint: Political violence wordings are a serious matter

Industry must get its act together and both draft, and apply, contracts and wordings in the correct manner

Political Risk and Trade Lloyds

ID Comment: Covid-19 is a unique opportunity for London market reform

The London market is handling this crisis better than anyone might have predicted. It needs to take full advantage of the teachings on offer.

Lloyds London

ID Comment: Digital trading and the future of data

Insurance Day’s latest webinar examined Lloyd’s shift towards electronic trading

London Lloyds

Viewpoint: Pandemic could provide boost to Lloyd's lead/follow reforms

Covid-19 is changing the way the market works and many changes will remain in the long term

Lloyds Market Modernisation

Atrium invests in technology to empower underwriters

The Lloyd's insurer is using data analysis and other tools to enable the underwriting function to have more autonomy and make better decisions

Atrium Lloyds

Pressure of Lloyd’s efficiency drive shows as carriers exit Asia hubs

Lloyd’s hubs in Asia have seen several closures recently, although appetite for Asian risk among London’s carriers is varied and the closure of regional operations is by no means permanent

Asia Pacific Lloyds