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Insurance
Scrapping the spreadsheet: start-ups take aim at an old insurance addiction
...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...
April 7, 2024
Insurance
Cyber attacks set to become ‘uninsurable’, says Zurich chief
...At the time, a senior Lloyd’s executive said the move was “responsible” and preferable to waiting until “after everything has gone wrong.”...
December 26, 2022
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Lloyd's of London Ltd
Lloyd’s hunts for billions in fresh capital in expansion of ‘London Bridge’ programme
...A centuries-old insurance marketplace, Lloyd’s launched the first phase of its “London Bridge” programme last year....
August 3, 2022
Cyber Security
Insurer Beazley launches first catastrophe bond for cyber threats
...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...
January 9, 2023
Women in business
Male managers in UK block gender balance efforts, research suggests
...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...
May 16, 2022
Lloyd's of London Ltd
Lloyd’s of London chief wants traders in building to ‘get Monday back’
...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...
March 8, 2023
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
Working from home
Telegraph and Future tell staff to continue working in their offices
...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...
December 10, 2021
Insurance
Lloyd’s of London defends cyber insurance exclusion for state-backed attacks
...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....
September 5, 2022
UK insurance industry
London’s insurance market calls for post-Brexit rules to be refreshed
...The LMG brings together Lloyd’s of London, insurers and brokers that operate in that market as well as the “company market”, which offers similar insurance but not within Lloyd’s....
June 7, 2021
Josephine Wolff
Insurers must rethink handling of cyber attacks on states
...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...
August 29, 2022
FT Magazine
Inside the wild ‘Man vs Horse’ race that made a small Welsh town legend
...My train from Swansea consists of a single carriage and at certain stations only stops on request....
July 7, 2023
The Future of Money
Account-to-account payments pose fresh threat to credit card networks Premium content
...As ever, drop me a note at sid.v@ft.com if you’ve got thoughts and ideas for upcoming Future of Money newsletters....
November 14, 2022
News in-depthRussian business & finance
Insurance ban to tighten squeeze on Russian oil shipments
...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...
June 2, 2022
News in-depthWar in Ukraine
Insurance industry braces for soaring payouts from war in Ukraine
...The global market for specialist insurance, with Lloyd’s of London at its centre, is expected to take a hit....
March 17, 2022
Elisabeth Braw
Insurers are scrambling to update the definition of war
...In its 2021 emerging risks report, Lloyd’s of London, the insurance marketplace, suggests that a gap in geopolitical insurance protection is emerging....
April 20, 2022
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
News in-depthLloyd's of London Ltd
Lloyd’s of London heads for ‘fundamental change’ in post-pandemic era
...the box in Lloyd’s, in our office or at home”....
November 1, 2021
Lloyd's of London Ltd
Lloyd’s of London swings back to £1.4bn profit in first half
...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...
September 9, 2021
Insurance
Ukraine fallout expected to test companies’ hardened cyber defences
...In November, the Lloyd’s Market Association, a body that represents underwriters in London’s specialist insurance market, tried to address the uncertainty by publishing some model clauses for these exclusions...
March 28, 2022
The Future of Money
How one Russian-born founder is trying to help Ukrainian refugees rebuild Premium content
...As always, reach out to us at imani.moise@ft.com and sid.v@ft.com with thoughts and topics....
March 7, 2022
News in-depthInsurance
Collapse of Aon-Willis deal validates insurers’ fears about broker power
...Underwriters privately argue that brokers can use their scale not only to push up commissions but to pressure underwriters to take on certain risks, or pay certain claims....
August 31, 2021
The companies coping with Covid-19
Old school trading under threat as insurers rethink life at Lloyd’s
...The second is that only certain product lines would be allowed in the room at once. The third is a booking system for people who want to use the building....
May 13, 2020
Lionel Barber
Too big to fail: FT editor Lionel Barber on the future of financial journalism
...When I joined the FT in March 1985 three institutions dominated the City of London: the Bank of England, the London Stock Exchange, and Lloyd’s of London....
November 23, 2018
Lunch with the FTLunch with the FT: the best interviews of 2017
Nicholas Coleridge on Le Caprice, chauffeurs and glossy mags
...In terms of the sightseeing pecking order, the V&A comes in at “about number six” in London, after the Tate Modern and the British Museum....
September 8, 2017
News in-depthWeek in Review
Week in Review, August 20
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
August 19, 2016
European companies
Why lose money if celebrities lose face?
...This has helped to boost the total value of all contingency and accident premiums paid at Lloyd’s of London, the world’s largest insurance market, to more than £500m....
March 11, 2016

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