Lloyd's taps L Marks and BCG to run innovation lab

The innovation lab will kick off in the second half of 2018


Lloyd's to trim LoC capital in bid to boost solvency

Market currently holds £1.9bn of ineligible capital


Lloyd's major model change application focused on new modelling platform

Switch to Tyche software required regulatory approval


Lloyd's reports first loss in six years

2017 nat cats cost corporation £4.5bn


Climate lawyers pressure Lloyd's to get tough on coal

Increase capital requirement for syndicates with exposure to coal, say environmentalists


Cloud vendor failure could cost US economy $15bn

Lloyd's and AIR report highlights significant gap in cyber coverage


Downward counterfactual analysis can identify black swans - Lloyd's

Thinking how events might have been worse can help address historical bias, enhance modelling for emerging risks and help identifying Black Swans


Swiss Re expects $3.6bn claims burden from hurricanes and earthquakes

Total losses the industry has estimated top $28bn


Trust, data and protectionism concerns raised at Icmif conference

Treat data protection carefully, use the right language and explain insurers' role in risk mitigation, say panellists