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Related Special Reports
...Names were the historical basis of the Lloyd’s market, but also at the centre of one of its biggest controversies....
...Lloyds has set aside £450mn to cover the potential costs of the car loan probe. Analysts at RBC estimate that the episode could end up costing it £2.5bn, more than any of its rivals....
...By early afternoon in London, Lloyds shares were trading 0.8 per cent lower, while Santander was down 3.6 per cent....
...the size of its central London estate by almost a fifth....
...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....
...at Companies House, the UK’s corporate registry, disclose....
...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....
...Last month Japanese insurer Mitsui Sumitomo said it would increase its underwriting capacity at Lloyd’s and the wider London market that surrounds it....
...Profits at Lloyds Banking Group fell below expectations in the first quarter, as a windfall from higher interest rates for the high-street bank has continued to wane....
...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 struck a deal in December to stay at its iconic One Lime Street headquarters until at least 2035, and embarked on a renovation of its trading space....
...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...
...UK bank Lloyds has set aside £450mn to cover the potential costs of regulatory probes into historic motor finance commission arrangements....
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
...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....
...At the time, the company said this did not reflect investor sentiment but the difficulty of getting a significant amount of money into Lloyd’s syndicates in time for the next underwriting cycle....
...Analysts at RBC Capital Markets have estimated the car financing problems, which have echoes of the payment protection insurance scandal, could cost Lloyds £2.5bn, more than any of its rivals....
...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...
...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....
...Simon Heaney, senior manager in container research at London-based Drewry Shipping Consultants, said alliances were vital for shipping lines and their customers....
...The chief executive of Lloyds Banking Group, the largest UK retail bank, has urged the government to facilitate a “level playing field” with other markets on their financing of the green transition.Speaking...
...Lloyd’s of London has pledged $50mn to global development projects, as part of a programme aimed at addressing lasting inequalities from the transatlantic slave trade that it enabled....
...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....
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