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...The move would cement the group as one of the biggest underwriters in the London market. This year, the company will write around £2bn of business within Lloyd’s itself....
...It is a return to Lloyd’s for Brindle, whose career includes founding London-listed Lancashire in 2005....
...A new model would enable Lloyds to “move at greater pace” with clearer roles and responsibilities, he said....
...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....
...By early afternoon in London, Lloyds shares were trading 0.8 per cent lower, while Santander was down 3.6 per cent....
...The insurer is due to underwrite about £2bn of business within Lloyd’s this year and then grow that as a central part of owner Mitsui’s five-year strategy to reach £3bn within Lloyd’s and the so-called company...
...At the time, the firm said the move reflected its “ways of working” and “sustainability objectives”....
...Advisers at Robey Warshaw are mainly dealing with UK bidders while Raine is concentrating more on international investors....
...Defence executives have also voiced concerns about the impact of anti-industry protests at universities and colleges on younger staff and prospective employees....
...at Companies House, the UK’s corporate registry, disclose....
...for certain policies and digital triaging of broker submissions plus automation of certain tasks for others....
...Lloyd’s of London — the world’s oldest insurance market — acquired a reputation for inefficiency, complacency and boorish behaviour. Yet last year’s performance was the best for 16 years....
...Profits at Lloyds Banking Group fell 28 per cent in the first quarter, as a windfall from higher interest rates for the UK high street bank continued to wane....
...Lloyd’s struck a deal in December to stay at its iconic One Lime Street headquarters until at least 2035, and embarked on a renovation of its trading space....
...Insurance group Zurich has accused financier Lex Greensill, steel magnate Sanjeev Gupta and certain of their companies of a “conspiracy” to deceive its underwriters and create sham debts....
...Meanwhile, the West End of London is seeing higher demand from companies, with vacancy at just 6 per cent....
...Last month Japanese insurer Mitsui Sumitomo said it would increase its underwriting capacity at Lloyd’s and the wider London market that surrounds it....
...The Financial Conduct Authority last month said it would investigate certain commissions charged on car financing deals dating back a decade, saying the agreements gave lenders and dealers incentives to...
...Howden, the UK insurance broker, has secured £500mn of insurance capacity from a group of Lloyd’s of London firms for a newly launched division that aims to turn tech start-ups into mini underwriters....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...In 2021, Lloyd’s insurer Brit launched Ki, which provides automated “follow”-only cover, after working with Google and University College London. But Ki has not moved into lead underwriting....
...“The need for permanent capital made it inevitable we would go public,” said Lloyd Blankfein, the second of just three chief executives of the bank since its IPO, and a partner before the float....
...At the time, the company said this did not reflect investor sentiment but the difficulty of getting a significant amount of money into Lloyd’s syndicates in time for the next underwriting cycle....
...Simon Heaney, senior manager in container research at London-based Drewry Shipping Consultants, said alliances were vital for shipping lines and their customers....
...Joshua Motta, chief executive at San Francisco-based cyber insurer Coalition, and a former CIA analyst, said the Lloyd’s scenario “doesn’t fully consider the intricacies of computer network operations and...
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