Hints and tips:
...This month’s £242mn purchase of the Probitas syndicate will allow it to tap into what it said were the many brokers that prefer to place business via the Lloyd’s market....
...The FT spoke to former Goldman colleagues, including Lloyd Blankfein, for this profile....
...The Lloyd’s of London market lost nearly £1bn in 2020. Swiss Re racked up nearly $900mn of net losses....
...Both countries have the S-300 anti-aircraft systems, which Ukrainian forces are trained on, in their arsenals....
...Don Black, co-lyricist for 1989’s Aspects of Love, claimed that “Andrew more or less single-handedly reinvented the musical”....
...Their analysis covers US appointments from 2001 to 2014, but the Lloyds film is part of a genre of ever-glossier CEO-prop that has taken off since then....
...S&P Global downgraded Credit Suisse AG. We have taken very decisive steps....
...Insurers listed on an unredacted 2020 certificate include familiar names, such as AIG, Chubb, and syndicates from the Lloyd’s of London specialist market....
...“The problem was in 1999 he wanted to be CEO and I didn’t want to retire,” Weill told The New York Times in 2001. “I regret that it came to that....
...at Lloyd’s of London....
...“At least three hedge funds have very actively gone short this morning, enabled by banks outside of the syndicate [of the IPO],” one banker involved told the FT. “The opening move was very sharp.”...
...2008’s bailout....
...Staffordshire, England Polymath 1,040: Patricia Blakemore, West Midlands, England Crossword 16,272: Martha F Browne, New York; Sean Putnam, Wellingborough, UK; Richard Cauman, Knoxville, US Polymath 1,039...
...Further fintech fascination New frontiers: Specialist insurer Brit has teamed up with Google to launch the first digital syndicate (or insurer) at Lloyd’s of London, reports The Insurer....
...Lloyd’s, the last big financial market in London owned by members is restructuring. One push is to force syndicates to cut out their least profitable lines....
...Since his last solo album, 2013’s Standards, Lloyd Cole has swapped guitars for synthesisers....
...“It was the dream of the boy I was when I first watched 2001: A Space Odyssey and Blade Runner,” he says....
...The push for higher prices has also been fuelled by some of the biggest reinsurers, including the syndicates at Lloyd’s of London, deciding to cut back unprofitable lines of business....
...The new structure, say some people in the market, enabled Lloyd’s to survive the scale of the claims that came in after the 9/11 terrorist attacks in 2001. By that stage, Rowland had left Lloyd’s....
...The S&P 500 is up 31 per cent over that period, equivalent to an annual gain of 9.5 per cent....
...We are being guided by the last downturn in 2001-03 when, peak to trough, Airbus/Boeing deliveries fell by 30%....
...According to Airlines for America, combined with the reduction in unit revenues (-29% yoy), passenger revenues fell 44% in September 2001....
...The system has been available since 2016, but take up has so far been disappointing; Lloyd’s is planning to force its syndicates to use it....
...Patrick O'Sullivan, who has been chairman of FTSE 100 insurer Old Mutual since January 2010, and chair of motor insurer ERS (syndicate 218) at Lloyd’s, will take over from Andrew Goodsell in May....
...“These losses are significant relative to peers and Lloyd’s annual earnings, and emphasise the market’s exposure to catastrophe risk,” S&P said in a statement....
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