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...It is a return to Lloyd’s for Brindle, whose career includes founding London-listed Lancashire in 2005....
...A new model would enable Lloyds to “move at greater pace” with clearer roles and responsibilities, he said....
...This article has been amended since initial publication to clarify that Lloyds will be the lead investor in the new fund...
...The move would cement the group as one of the biggest underwriters in the London market. This year, the company will write around £2bn of business within Lloyd’s itself....
...By early afternoon in London, Lloyds shares were trading 0.8 per cent lower, while Santander was down 3.6 per cent....
...Last year, Lloyds Banking Group and HSBC UK both announced stricter homeworking policies, while Citigroup and Deloitte’s rival EY have started monitoring UK employees’ office attendance to ensure compliance...
...Lloyd’s of London has warned insurers that the full impact of climate change has yet to translate into claims data despite annual natural catastrophe losses borne by the sector topping $100bn....
...Lloyd’s of London does not plan to offer direct financial compensation for its role in the slave trade, according to people familiar with the matter, rebuffing growing calls for UK institutions to pay reparations...
...Lloyds declined to comment....
...Lloyds said pre-tax profits dropped year on year to £1.6bn, less than the £1.7bn analysts had expected....
...Profits at Lloyds Banking Group fell 28 per cent in the first quarter, as a windfall from higher interest rates for the UK high street bank continued to wane....
...Lloyd’s of London — the world’s oldest insurance market — acquired a reputation for inefficiency, complacency and boorish behaviour. Yet last year’s performance was the best for 16 years....
...Lloyd’s of London has delivered its best underwriting performance since 2007 and signalled that commercial insurance prices are likely to stay high in the coming years....
...The chief executive of the Lloyd’s of London insurance market has said insurers should “just get on with it” and pay out for the Baltimore bridge collapse, rather than waiting for years of wrangling over...
...Aviva is to return to the Lloyd’s of London specialist insurance market for the first time in more than two decades after it announced the £242mn acquisition of Probitas....
...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....
...Lloyds Banking Group owns Black Horse, the UK’s largest motor finance provider. Lloyds announced the provision on Thursday alongside its fourth quarter results....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...Professor Bruce Lloyd London South Bank UniversityLondon SE1O, UK...
...Lloyds and Santander UK provided accounts to British front companies secretly owned by a sanctions-hit Iranian petrochemicals company based near Buckingham Palace, according to documents seen by the Financial...
...Lloyds owns Black Horse, the UK’s largest motor finance provider. Lloyds announced the provision on Thursday alongside its fourth-quarter results....
...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...
...Simon Heaney, senior manager in container research at London-based Drewry Shipping Consultants, said alliances were vital for shipping lines and their customers....
...Drawing on a wide range of sources, Nick Lloyd, professor of modern warfare at King’s College London, shows just how wrong that view is....
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