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Related Special Reports
...Lloyd’s of London has warned insurers that the full impact of climate change has yet to translate into claims data despite annual natural catastrophe losses borne by the sector topping $100bn....
...“They’re a piece of social history,” says Erin Lee, head of archive at the National Theatre in London, which has filed the programmes of every show it has staged since its opening night in 1963....
...A centuries-old insurance marketplace, Lloyd’s launched the first phase of its “London Bridge” programme last year....
...Lloyd’s of London announced last year that it would demand policies written in the market have an exemption for state-backed attacks....
...At the time, a senior Lloyd’s executive said the move was “responsible” and preferable to waiting until “after everything has gone wrong.”...
...Works by the late artist and filmmaker Derek Jarman, who was among those calling for a public sculpture dedicated to Wilde in London, also feature....
...Lloyd’s of London has agreed with its landlord Ping An to stay at its One Lime Street headquarters until at least 2035, in a mark of commitment to in-person trading at the heart of the City’s insurance district...
...Automation has crept into the so-called “follow” market at Lloyd’s, which is when insurers take a later tranche of the risk on a particular policy....
...LIU had intended to use the funds to invest in Lloyd’s of London, the world’s oldest insurance market....
...Such an attack could cause $3.5tn in global economic damage, according to modelling by the Cambridge Centre for Risk Studies for the Lloyd’s of London insurance market, released in October....
...“There is a level playing field issue if London keeps on providing insurance and then a lot of it goes via Lloyd’s of London,” a senior commission official said....
...London insurance market said the area in the Red Sea designated higher risk had been expanded....
...Neil Roberts, head of marine & aviation at the Lloyd’s Market Association — a trade association which represents underwriters across the specialist market — highlighted a “growing grey fleet that operates...
...The Lloyd’s of London chief executive wants to “get Monday back” and see brokers and underwriters on the trading floor four days a week — in a push to ensure face-to-face trading continues to thrive following...
...Bank of America raised concerns with Lloyd’s of London about a move to exempt big “state-backed” cyber attacks from standard insurance policies, underscoring the concern among financial institutions about...
...“If folks in other jurisdictions . . . feel it is a good time to be giving away this cover to gain market share, best of British luck to them,” he told underwriters at a quarterly presentation. ...
...In this version of London, Soho House members club has turned Richard Rogers’ former Lloyds Insurance building into a multistorey, 24-hour nightclub....
...In the very first international tournament, at London in 1851, the then world No1 Adolf Anderssen won first prize and on a free day played what is still known as the Immortal Game, replete with dazzling...
...Neil Roberts, head of marine and aviation at the Lloyd’s Market Association, which represents underwriters, said more than 60 vessels are stuck, citing maritime data....
...Rose’s tongue-in-cheek sign-off, “We’re Lloyd's of London”, was the only reference to the hell-raising past; the insurance underwriters sued them in 1992 after the band sparked a riot in Missouri and claimed...
...It was backed by a handful of insurers including Lloyd’s of London firms Beazley and Hiscox....
...Underwriters have defended the new guidance as an attempt to bring clarity to what is, in insurance terms, still a relatively young market: the first cyber policy written at Lloyd’s was in 1999....
...Quotes offered before the announcement were valid for 7 days, according to Chris McGill at Ascot, the lead-underwriter for the Lloyd’s of London consortium....
...Lloyd’s of London declined to comment....
...The bell sounded at a Jubilee celebration in June when the Lloyd’s choir sang in the centre of the atrium, surrounded by brokers and underwriters....
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