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06.02.26 - 20:06
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Triple-I: Lloyd′s Marketplace Underscores Importance to U.S. Economy as Risks Intensify (Business Wire)
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Triple-I Examines Lloyd's Role, Financial Strength, and Innovation Amid Evolving Global Risk LandscapeMALVERN, Pa.--(BUSINESS WIRE)--As climate, cyber, artificial intelligence, and geopolitical risks accelerate, the Lloyd's insurance marketplace is reinforcing the need for innovation, capital resilience, and collaboration to address emerging threats, according to the Insurance Information Institute's (Triple-I's) latest issues brief, Lloyd's: Trends and Insights.
“With roots dating back to the 1600s, Lloyd's has evolved into a global marketplace to assist as well as regulate the transferring of complex risks,” said Sean Kevelighan, chief executive officer, Triple-I. “Its unique model connects global capital with risk, helping U.S. businesses, communities, and insurers manage exposures that might otherwise be difficult to insure.”
Lloyd's is not a single insurer but a global marketplace of independent businesses that collectively underwrite specialty and complex risks. Its modular structure ...
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