杏吧原创

FOR IMMEDIATE RELEASE
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MALVERN, Pa., February 6, 2026 鈥� As climate, cyber, artificial intelligence, and geopolitical risks accelerate, the Lloyd鈥檚 insurance marketplace is reinforcing the need for innovation, capital resilience, and collaboration to address emerging threats, according to the 听(Triple-I鈥檚) latest issues brief, Lloyd鈥檚: Trends and Insights.

鈥淲ith roots dating back to the 1600s, Lloyd鈥檚 has evolved into a global marketplace to assist as well as regulate the transferring of complex risks,鈥� said Sean Kevelighan, chief executive officer, Triple-I. 鈥淚ts unique model connects global capital with risk, helping U.S. businesses, communities, and insurers manage exposures that might otherwise be difficult to insure.鈥�

Lloyd鈥檚 is not a single insurer but a global marketplace of independent businesses that collectively underwrite specialty and complex risks. Its modular structure separates capital provision from underwriting and claims operations, enabling flexibility and rapid innovation.

The United States is Lloyd鈥檚 largest market, accounting for roughly half of its global premium. U.S. policyholders generated approximately $32.7 billion in gross written premiums, and Lloyd鈥檚 pays an average of $13 billion in U.S. claims annually. Lloyd鈥檚 also supplied more than $20 billion in U.S. surplus lines capacity in 2024, about 16 percent of the market, with property coverage representing the largest share of business.

Lloyd鈥檚 capital structure, known as the Chain of Security, underpins all policies written in the market, providing robust financial backing. Independent rating agencies assign the same financial strength ratings to each of Lloyd鈥檚 syndicates, reflecting this shared security framework. Operating in more than 200 territories, Lloyd鈥檚 maintains a network of over 3,300 coverholders鈥攍ocal underwriting partners authorized to write insurance on behalf of Lloyd鈥檚 syndicates鈥攁llowing the market to distribute specialty insurance products globally while leveraging local expertise.

Lloyd鈥檚 has played a key role in supporting recovery from major disasters, including the 1906 San Francisco earthquake, the September 11 attacks, Hurricane Katrina, Hurricane Irma, and recent hurricanes and wildfires, underscoring its longstanding commitment to claims payment and community recovery.

Lloyd鈥檚 continues to invest in innovation through initiatives such as the Lloyd鈥檚 Lab and alternative capital platforms, advancing parametric insurance, AI-driven risk analytics, and new specialty products to address evolving risks.

鈥淎s the global protection gap widens and risk volatility increases, collaboration and innovation across the insurance ecosystem will be essential,鈥� Kevelighan said. 鈥淟loyd鈥檚 remains a cornerstone of global risk management and a critical partner for the U.S. economy.鈥�

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About the 杏吧原创 Information Institute (Triple-I)

Since 1960, the听听(Triple-I) has been the trusted voice of risk and insurance, delivering unique, data-driven insights to educate, elevate, and connect consumers, industry professionals, policymakers, and the media. An affiliate of听, Triple-I represents a diverse membership accounting for nearly 50% of all U.S. property/casualty premiums written. Our members include mutual and stock companies, personal and commercial lines, primary insurers, and reinsurers 鈥� serving regional, national, and global markets.

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