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...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Dame Inga Beale, former head of the Lloyd’s of London insurance market, said the episode demonstrated that the drive for gender equality still had “some way to go”....
...Lloyd’s of London, the City’s insurance marketplace, has also faced problems getting brokers and insurers back in the building and said occupancy was now consistently running at about half pre-pandemic levels...
...Gains for companies such as insurance group Skyward Specialty and biotech company Rayzebio more than offset losses for high profile tech flops like Instacart....
...Terminal V did not respond to a request for comment....
...The insurance market said the trading venue was needed to support brokers and underwriters during the crucial December renewal season....
...An initiative backed by Lloyd’s, Schroders, JPMorgan, EY and Barclays is drawing up recommendations to be published in the autumn....
...Lloyd’s of London, the insurance market, will revise its rules “in line with the easing of restrictions” from July 19....
...Venkatakrishnan, Charlie Nunn from Lloyds, HSBC’s Noel Quinn, Aviva’s Amanda Blanc and the regional leaders of international investment banks Goldman Sachs, JPMorgan and UBS....
...“Any significant increase will further put off qualified candidates who are critical to good governance and increase director insurance....
...In March, the insurance market Lloyd’s of London handed out its first fine for personal misconduct, sanctioning behaviour at underwriting group Atrium that included sexual harassment....
...As always, drop your story ideas to me at sid.v@ft.com and have a great week....
...said Richard Moore at Media Insurance Brokers, a specialist in placing insurance for production companies....
...“This isn’t necessary,” said Sir Win Bischoff, former chair of Lloyds and Citigroup. “By itself, removing the cap doesn’t make us more competitive . . ....
...She added that the areas where the clauses were most common tended to be in the City of London — for example in insurance — where client relationships are important....
...it would cause companies to “slam brakes on recruitment” to offset higher costs....
...Ecommerce site eBay, cleaning goods manufacturer Clorox, and insurance companies Allstate and MetLife report after Wall Street’s closing bell....
...Share your thoughts with the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...So they turn to a big deal banker, Sir António Horta-Osório, who was knighted for his turnaround of Lloyds Bank after the financial crisis in the UK....
...Meanwhile, Lloyd’s of London, the insurance market, said that it would not host a Christmas party this year having had a big event in the summer....
...The scheme, which is being launched by the Treasury in co-operation with Lloyd’s, will show the government acting as a “reinsurer” of last resort for insurers....
...The average pay gap for sectors including finance and insurance, education, technology and energy rose during that time....
...Lloyds Banking Group is devising a strategy around home, hub or hybrid working as the new “categories of work style” that can be picked by its employees....
...Feel free to email Imani or me at sid.v@ft.com or imani.moise@ft.com. Have a great week!...
...HSBC said the bank expected to shrink its property footprint by 40 per cent, while Lloyds said it would reduce office space by 20 per cent....
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