Hints and tips:
...Names were the historical basis of the Lloyd’s market, but also at the centre of one of its biggest controversies....
...Lloyd’s has also made progress in reviving face-to-face trading. The work-from-home trend made for a listless atmosphere at its City headquarters....
...Probitas’s Lloyd’s underwriting syndicate has increased its annual premiums by a fifth every year since 2019, taking in £288mn in 2023....
...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...
...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....
...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....
...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....
...The writer is a senior analyst at Lloyd’s List Intelligence The effectiveness of the G7 price cap on Russian oil stumbled at the first hurdle when prices rallied from July....
...Hiscox chair takes plunge on results day Lloyds syndicate insurer Hiscox is benefiting from a grisly but favourable commercial environment....
...The index would allow third-party investors in Lloyd’s to benchmark their performance against the specialist insurance market as a whole, said Andreas van Embden, an analyst at broker Peel Hunt....
...Overlaps have a mixed history at Lloyd’s: in the so-called LMX spiral in the late 1980s, the practice of Lloyd’s syndicates reinsuring each other on the same risk spectacularly blew up after a series of...
...I pay your bonus at the end of the year. So just shut up, you geek. Lewis didn’t shut up but most other critics did....
...I’ve spent time this week in Amsterdam, at the FT’s annual The Next Web conference, an event that sits at the intersection of technology and finance....
...Mackintosh did very well at the peak of the grand musicals business: his production company paid him a £35mn dividend at the end of 2019, before the pandemic and today’s inflation surge, then none as the...
...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 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....
...Filings show that syndicates within the market insured the pipeline as recently as 2020....
...Marine insurers stand ready to underwrite these cargoes, says Chris McGill at Lloyd’s syndicate Ascot....
...Banks led by Morgan Stanley haven’t been able to syndicate $12.7bn of debt they funded for the buyout....
...Solomon has cultivated more of a cool-guy image than his predecessor Lloyd Blankfein, who in 2011 told New York Magazine that he would’ve liked to be a nerd in high school, but “didn’t even make it to that...
...In the case, Mr Justice Teare considered whether the cause of the fire absolved the various insurers and Lloyd’s of London syndicates that had insured the vessel from paying out to the vessel’s owners or...
...Another more effective tactic that would hit non-EU vessels would be for the British government to prevent the Lloyds Marine and Aviation syndicates from insuring fleets that carry Russian oil; and for the...
...the box in Lloyd’s, in our office or at home”....
...Trading at Lloyd’s has been boosted by 15 consecutive quarters of rising insurance prices....
...In June, CFC launched a new insurance syndicate backed by its capital and that of third-party investors, a large part of which is going towards insuring cyber risks....
International Edition