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...Lloyd’s of London has attracted its biggest syndicate backed by individuals, or “Names”, since the early 1990s, as the insurance market looks to rebuild a base among private investors after its best performance...
...The number of big specialist insurers listed in London has dwindled with the acquisitions of groups such as Catlin, Amlin and Novae over the past decade....
...London’s vacancy rate hit 9 per cent in the third quarter, the highest since CoStar started recording the data in 2003....
...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....
...Aviva is re-entering Lloyd’s of London for the first time in more than two decades to boost its exposure to the thriving commercial insurance market....
...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...
...The purchase of Five Churchill Place was initially financed with at least £196mn in debt, roughly 70 per cent of the value of the building at the time, with a tranche provided by Lloyds Banking Group....
...LIU had intended to use the funds to invest in Lloyd’s of London, the world’s oldest insurance market....
...Financials Acquisition Corp had already cut the amount it was trying to raise from £500mn, citing the difficulty of getting a significant amount of money into Lloyd’s syndicates in time for the next underwriting...
...Lloyd’s of London in 2006 over asbestos claims....
...The by-election, triggered by the death of Labour MP Sir Tony Lloyd, has afforded Galloway his fourth stint in parliament and a platform to undermine Labour....
...Labour would be worried ahead of the Rochdale by-election partly because it had lost Muslim votes in the wake of the 2003 invasion of Iraq, said Ford....
...Blanc denied press reports that Aviva had considered launching a Lloyd’s of London syndicate and then U-turned. “We are still looking at all distribution channels,” she told the audience....
...Finally, insurance syndicates in London that provide hull and cargo cover to the global fleet aren’t doing enough to identify whether any of the vessels they cover are involved in Russian trades....
...Hiscox chair takes plunge on results day Lloyds syndicate insurer Hiscox is benefiting from a grisly but favourable commercial environment....
...By comparison, 12,000 civilians were recorded as killed in the first nine months of the 2003 US invasion of Iraq....
...Lloyd’s of London declined to comment....
...London....
...The turning point in the City came later, with the 1986 Big Bang deregulation of the London Stock Exchange....
...Korea-backed cyber crime syndicate....
...Musicals tend to be venture financed, with a syndicate of investors bearing the high risk of closure before a new production earns back its initial outlay, for a small chance of getting very rich (Cats’...
...He said the signatories were a range of Lloyd’s syndicates, which are groups of members who pool capital and take on insurance risks....
...The case names 35 insurers and reinsurers as defendants, including one consortium of war-risk insurers operating in the Lloyd’s of London insurance market and 19 syndicates of Lloyd’s underwriters....
...Lloyd’s of London, the world’s largest insurance marketplace, was forced to shut its headquarters on Tuesday and shift to remote trading after a group of climate activists barricaded one of the City’s best-known...
...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....
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