Hints and tips:
...Several industry veterans told the Financial Times that Ki, a digital insurer in the Lloyd’s of London market that provides insurance cover to businesses, had increased awareness of the benefits of automation...
...At the time, a senior Lloyd’s executive said the move was “responsible” and preferable to waiting until “after everything has gone wrong.”...
...A centuries-old insurance marketplace, Lloyd’s launched the first phase of its “London Bridge” programme last year....
...Lloyd’s of London insurer Beazley has launched the first cyber catastrophe bond, opening up one of the fastest-growing areas of the underwriting industry to investors as companies and governments seek to...
...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....
...Beale, who attempted to improve the culture at Lloyd’s in her five-year tenure — a market where she has previously said junior female underwriters would be called “box bunnies” and “box bitches” — called...
...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...
...It also misses certain other nuances, such as companies (eg Marks & Spencer) that fell out of the index then got back. To which you might say “why bother at all?”...
...Jet spending for chief executives at S&P 500 companies increased to $41.3mn in 2022 (the most recent full year available), up 22 per cent from the year before and the highest amount in at least 10 years,...
...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...
...S&P Global Ratings....
...And another thing: Our friends at FT Due Diligence are holding their flagship annual event, DD Live, tomorrow at London’s Biltmore Mayfair. It features some of the biggest names in global finance....
...The FT revealed on Thursday that Lloyd’s of London’s historic underwriting room would be kept open for business to allow brokers and underwriters to work in person during the crucial December renewal season...
...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....
...(Kenza Bryan) Join Mairead McGuinness, Elizabeth Maruma Mrema, Sacha Sadan, Sue Lloyd and FT writers covering responsible business and investment at the Moral Money Summit Europe on May 23-24, in London...
...Jay Newman was a senior portfolio manager at Elliott Management and is author of the finance thriller Undermoney. William S....
...Earlier this month, Lloyd’s of London issued a bulletin noting that, “when writing cyber attack risks, underwriters need to take account of the possibility that state backed attacks may occur outside of...
...Brokers and underwriters gathered this week in Lloyd’s of London’s historic underwriting room to celebrate the Queen’s platinum jubilee, twice ringing the Lutine bell — a symbol of the insurance market’s...
...The global market for specialist insurance, with Lloyd’s of London at its centre, is expected to take a hit....
...In its 2021 emerging risks report, Lloyd’s of London, the insurance marketplace, suggests that a gap in geopolitical insurance protection is emerging....
...Meanwhile, London’s largest IPO of the year, Ithaca Energy, priced at the bottom of the range earlier this month and is now around 20 per cent below its IPO price....
...The Lloyd’s of London market lost nearly £1bn in 2020. Swiss Re racked up nearly $900mn of net losses....
...the box in Lloyd’s, in our office or at home”....
...One thing is for certain, we will have a successor by Friday....
...Lloyd’s of London swung back to profit in the first half as a stronger underwriting performance at the specialist insurance market fuelled a recovery from the substantial pandemic-related losses suffered...
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