News

Richard Henry, His Royal Highness Prince Michael of Kent,

Lex Liquidity Reserve Launch

By Lex Risks | February 5, 2018

Richard Henry in conversation with His Royal Highness Prince Michael of Kent at the Russo British Chamber. It was at this event that Richard delivered his presentation on the new innovative product, Lex Liquidity Reserve. This product will create an enhanced provisioning mechanism for balance sheets.  

Swiss Re reports loss, expects big price rises

By Lex Risks | November 14, 2017

A rise in insurance premiums, especially in areas affected by recent hurricanes and disasters, will help Swiss Re Ltd. recover from almost half a billion dollars of losses in the first nine months of this year, it said on Thursday. “We expect those program that have been hit by losses to clearly respond in a significant fashion,” Chief Financial Officer …

Richard Henry, Lanzarote RC44 Regatta, Cam Appleton, Ross Halcrow, Rosco

Lanzarote RC44 Regatta

By Lex Risks | November 5, 2017

CEO Richard Henry enjoyed a great day out at the Lanzarote RC44 Regatta. Pictured here with America’s Cup sailors, Cam Appleton and Ross Halcrow (Rosco) just before the onset.  

The Market Terms

By Lex Risks | October 25, 2017

Looking at the recent storms and Lloyd’s data, I see that (re)insurers are now facing a very changed market. The combination of market opinion and modelling agencies are suggesting that global market will suffer an aggregate insured loss of between $100bn and $125bn over recent hurricane events. This compares to an unindexed insured loss of $41bn for Katrina in 2005. …

Stew Hosford, Alex Thomson, Ward Woods

Screening of The Hugo Boss advert

By Lex Risks | October 5, 2017

Richard Henry and his son, Ronan, recently joined Stew Hosford (CEO of Hugo Boss), Alex Thomson (Hugo Boss skipper) and Ward Woods of Tenerife to discuss business followed by a repeat screening of  The Hugo Boss advert. Watch the video here

Vendée Globe 2017 event of the year

By Lex Risks | May 16, 2017

CEO Richard Henry meets up with his client Alex Thomson, whose team is sponsored by HUGO BOSS and Mercedes-Benz, at the Vendee Globe 2017 event of the year. Alex Thomson shared that he still hopes to be the first Brit to win the Vendee Globe. His crazy duel with Armel Le Cléac’h was one of the highlights of the eighth Vendée …

Keith Wood at Lloyd’s under Lutine Bell with Our CEO Richard Henry

By Lex Risks | October 14, 2016

Our CEO Richard Henry recently met up with Irish rugby legend Keith Wood at Lloyd’s under the Lutine Bell (https://www.lloyds.com/lloyds/about-us/history/catastrophes-and-claims/hms-lutine). Wood played for Munster and Harlequins during an illustrious playing career that saw the hooker amass 58 caps for his country as well as starring on the 1997 and 2001 Lions tours. The former Ireland captain has recently been appointed …

Broker facilities: Noonan slams Lloyd’s and PRA for inaction

By Lex Risks | October 10, 2016

UK regulators must intervene over the practice of broker facilities before US authorities take action and potentially create “Spitzer Mark II’, Validus chairman and chief executive, Ed Noonan, has warned. In an exclusive interview with Insurance Day, Noonan warned broker faciltiies are making Lloyd’s a less attractive place to do business, with some US wholesale brokers now actively trying to …

CEO attends America’s Cup World Series Event in Toulon

By Lex Risks | September 11, 2016

Richard Henry our Chief Executive Officer attended the America’s Cup World Series Event in Toulon this September (2016). Here he is pictured with Dan Carter. Dan Carter is a New Zealand rugby union player. He currently plays for Racing 92 in France’s Top 14, and he played for New Zealand’s national team, the All Blacks. He is the highest point …