Richard Ward

• Lloyd’s Posts $800M Loss in 2011 Due to Cats

  By Mark E. Ruquet  |  April 5, 2012

  Lloyd’s says record catastrophe losses led to a loss of more than $800 million for 2011 as the specialty-insurance market experienced the largest catastrophe-claims year in its history.

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  The Week in Quotes

  By Staff Writers  |  March 30, 2012

  Industry leaders have a lot to say. PC360 brings our readers the top quotes from major industry players for the week of March 26.

• Lloyd’s Posts $800M Loss in 2011 Due to Cats

  By Mark E. Ruquet, PropertyCasualty360.com  |  March 28, 2012

  Lloyd’s says record catastrophe losses led to a loss of more than $800 million for 2011 as the specialty-insurance market experienced the largest catastrophe-claims year in its history.

• Lloyd’s Sets Thailand Flood Loss Estimate at $2.2B

  By Staff Writer  |  February 15, 2012

  Lloyd's estimates its net claims from last year's flooding in Thailand will be $2.2 billion, based on its estimate of $15 billion to $20 billion in losses for the insurance industry overall.

• Lloyd’s: Talent Shortage a Top Risk for Businesses

  By Caroline McDonald, PropertyCasualty360.com  |  December 15, 2011

  The need for talent and skill remains a top concern for American executives, despite high unemployment levels.

• Talent Shortage a Top Risk for Businesses, Lloyd’s Says

  By Caroline McDonald, PropertyCasualty360.com  |  December 8, 2011

  The need for talent and skill remains a top concern for American executives, despite high unemployment levels.

• Lloyd’s Takes First-Half Loss On Cats

  By Caroline McDonald, PropertyCasualty360.com  |  September 22, 2011

  Lloyd’s on Sept. 21 announced an interim loss before tax of £697 million ($1.12 billion at current exchange rate) for the 2011 first half, compared to £628 million ($980.3 million) in profit for the same period a year ago.

• Cats Blamed for Lloyd’s Costliest First Half on Record

  By Caroline McDonald, PropertyCasualty360.com  |  September 21, 2011

  Lloyd’s today announced an interim loss before tax of £697 million ($1.12 billion at current exchange rate) for the 2011 first half, compared to £628 million ($980.3 million) in profit for the same period a year ago.

• Lloyd’s Expects Rates To Firm After Quakes, Flooding, Tornadoes

  By Chad Hemenway, PropertyCasualty360.com  |  May 13, 2011

  The head executive at Lloyd’s of London says the market expects rates to firm as a result of first quarter catastrophes throughout the world and the April tornadoes in the U.S.

• Nelson To Replace Lord Levene As Lloyd’s Chairman

  By Caroline McDonald, PropertyCasualty360.com  |  April 25, 2011

  John Nelson is to be appointed the next chairman of Lloyd’s, replacing Lord Peter Levene in October, the Council of Lloyd’s says.