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...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
...The Tories are eager to build on cuts in national insurance in two successive Budget rounds as they seek to address the rising overall tax burden....
...Lloyds is two years in to a £4bn, five-year investment plan to diversify its income away from mortgages towards income streams less dependent on interest rate changes including wealth management and insurance...
...This year, the company will write around £2bn of business within Lloyd’s itself....
...MS Amlin, one of the biggest Lloyd’s of London insurers, plans to expand in areas such as marine cover and liability insurance after spending three years repairing its underwriting profit margins....
...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....
...Michelle Wiese Bockmann, an analyst at Lloyd's List, said: “This presents serious environmental and safety risks in key chokepoints where Russian oil is shipped — including through Denmark’s waters and the...
...According to the UK corporate registry, Pisco UK is fully owned by a British national called Abdollah-Siauash Fahimi....
...Mitsui Sumitomo Insurance also recently announced expansion plans for its Lloyd’s insurer. But there is a fragility to this recent success....
...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 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....
...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....
...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...
...She proposed a range of solutions including tightening building rules, creating national and EU-wide schemes to share risks, and drawing more deeply on reinsurance markets....
...minds”, alongside stability and confidence in the national economy....
...He said last year’s 2p cut from national insurance had put 94,000 more people in work, filling more than one in 10 vacancies....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...A 2p cut to national insurance was the main talking point coming into Jeremy Hunt’s Budget speech. He duly delivered that, saying it was a move that would “grow our economy by rewarding work”....
...National insurance is a “tax on work”, Hunt said. “We want to end that unfairness over time . . . I think it is wrong that we tax work twice.”...
...The pledge comes three years after the insurance market apologised for its role in the trade, which included extending crucial insurance to voyages and even insuring slaves as cargo....
...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...
...Tysers and HW Wood, two reinsurance broking firms that operate in the Lloyd’s of London insurance market, agreed to pay bribes between 2013 and 2017 to the then-chair of two state-owned insurers, Seguros...
...Most Conservative MPs welcomed the cut in national insurance rate from 10p to 8p, which repeated a 2p cut in the Autumn Statement....
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