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...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...
...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...
...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....
...There are exemptions written into policies for certain types of attacks....
...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...
...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....
...At our request, and reflecting our desire to set aside a significant number of shares for certain of our users and moderators, the underwriters have reserved up to 1,760,000 shares of our Class A common...
...Starmer pledged to root out antisemitism from Labour’s ranks on becoming leader in 2020 after his far-left predecessor Jeremy Corbyn was heavily criticised for his handling of allegations of abuse....
...She brings a show of eight works by the self-taught Thai painter Channatip Chanvipava, now studying at London’s Royal College of Art....
...But with very few exceptions (such as certain regulated utilities) institutional investors don’t value companies based on dividend yield, at least not as a primary metric....
...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...
...Meanwhile, Crispin Odey resigned on Thursday as a director of ICP Holdings, a group of companies operating in the Lloyd’s of London insurance market....
...White Oak argues that from at least July 2020, Marsh was aware that Tokio Marine, Greensill’s lead insurer, had taken the decision not to extend further insurance to the group....
...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....
...Between them they raised £2.94bn at IP0, all via primary listings in London....
...“Ski-obsessed” Tom, a London-based banker who preferred not to give his real name, paid SFr2.5mn for his two-bedroom apartment in the Swiss resort of Andermatt Reuss in 2020, says that by choosing a location...
...The Lloyd's of London insurance market prides itself on being able to put a price on anything — from Tina Turner’s legs or Bruce Springsteen’s vocal cords, to the risk that a bounty hunter might claim the...
...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....
...two centuries, outlasting and outsmarting plenty of rivals and naysayers who were certain of its demise....
...“But that to a certain extent was self-inflicted. Because just like now, they had ordered a lot of ships” during an economic boom....
...The group’s Lloyd’s of London syndicate, an insurance underwriter for areas including offshore energy, said last week it would stop underwriting a wider range of oil and gas contracts from January....
...Other sexism scandals in the industry include a £1mn fine announced in March by Lloyd’s of London, the biggest in its history, against underwriter Atrium after misconduct including sexual harassment of female...
...— Gillian Tett 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...
...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...
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