Reinsurance News
Lloyd’s Europe
Lloyd’s Europe to implement Reinsurance Collateral Deposit from Jan 1
25th November 2025
Lloyd’s Europe will implement a Reinsurance Collateral Deposit (RCD) from 1st January 2026 for the 2026 Year of Account (YoA) onwards to meet regulatory expectations, following market engagement with support from the LMA. Lloyd’s, the specialist insurance and reinsurance marketplace, said monies will be collected quarterly from participating syndicates by Lloyd’s ... Read the full article
Lloyd’s changes its way of operating in two countries
4th March 2024
Lloyd’s Insurance Company S.A. (Lloyd’s Europe) has announced its will provide non-life insurance business services on a Freedom to provide Services basis only in Lithuania and Malta from February 29, 2024. According to the announcement, the National Bank of Belgium (NBB), as Lloyd’s Europe’s home supervisor, has confirmed it has no ... Read the full article
Jonathan May to succeed Amélie Breitburd as Lloyd’s Europe CEO
7th December 2023
Jonathan May, currently Chief Financial Officer (CFO) and Chief Operations Officer (COO) for Lloyd’s Europe, will take over from Amélie Breitburd as the new Chief Executive Officer (CEO) of the European subsidiary on January 1st, 2024. Breitburd is set to leave Lloyd's Europe (Lloyd’s Insurance Company (LIC), operating from Brussels) on ... Read the full article
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