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Lloyd's of London Ltd
Lloyd’s of London attracts biggest ‘Names’ syndicate since 1990s
...It is the latest coup for Lloyd’s, which has also attracted insurance group Aviva back to the market....
March 28, 2024
Japanese business & finance
MS Amlin owner to ramp up London underwriting capacity
...Shinichiro Funabiki, chief executive of Mitsui Sumitomo Insurance, told the Financial Times the company had decided to focus its investment plans on the UK because of London’s primacy in analysing complex...
February 15, 2024
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
Apollo Global Management LLC
Apollo sells stake in asset-backed lending unit to insurer MassMutual
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
April 24, 2024
Insurance
Aon chief calls for better models for ‘stressed’ property insurance market
...Brokers play a key role in the global economy, advising companies on risk and how to manage it, including through insurance....
April 7, 2024
Lemonade Inc
Lemonade chief rounds on ‘naysayers’ who predicted insurance start-up’s demise
...The company expected net cash flow to turn “consistently positive” in the first half of next year....
March 3, 2024
UK insurance industry
MS Amlin sets growth plan after underwriting turnaround
...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
March 12, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
IPOs
Insurer Aspen chooses New York over London for planned $4bn IPO
...The company conducted work to compare listing venues....
December 3, 2023
UK housebuilding
UK sends Canary Wharf landlord first cladding bill under new powers
...The government is seeking the order against Yianis Holdings Ltd and two other companies in the group....
March 28, 2024
Aviva PLC
Aviva returns to Lloyd’s of London for first time in two decades
...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....
March 4, 2024
LexLloyd's of London Ltd
A Lloyd’s of London revival will require more nimble regulation Premium content
...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....
March 22, 2024
Lloyd's of London Ltd
Lloyd’s of London delivers best underwriting performance since 2007
...According to an index from insurance broker Marsh, global commercial insurance rates rose in the final three months of last year, the 25th straight quarter of increases....
March 7, 2024
Climate change
EU regulator urges action on climate threat to insurance
...Continental European commercial property insurance prices rose at the start of the year for the 22nd consecutive quarter, according to an index from broker Marsh....
April 22, 2024
UK insurance industry
UK car insurance prices fall for first time in two years
...UK car insurance prices fell at the start of 2024 in the first quarter-on-quarter drop in more than two years, signalling some relief for households after costs hit an all-time high....
April 18, 2024
Insurance
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
March 28, 2024
The FT ViewThe editorial board
The painful rise in home insurance costs
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
April 1, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Your QuestionsLucy Warwick-Ching
Should I use the travel insurance provided by my credit card?
...You can buy travel insurance from insurance companies, banks, travel agents, supermarkets, holiday companies and online comparison websites....
March 27, 2024
Insurance
Scrapping the spreadsheet: start-ups take aim at an old insurance addiction
...Microsoft, which owns Excel, said the company remained a “key technology partner for companies across financial services broadly, and insurance specifically”....
April 7, 2024
News updates from April 18: Netflix profits surge; Jurors selected for Trump’s ‘hush money’ trial
UK car insurance prices fall for first time in 2 years
...UK car insurance prices fell at the start of the year in the first quarter-on-quarter drop in more than two years, signalling some relief for households after costs hit an all-time high last year....
April 18, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
April 22, 2024
Direct Line Insurance Group PLC
Direct Line launches £100mn saving plan as it fights takeover interest
...first....
March 21, 2024
ageas SA/NV
Direct Line rebuffs £3.1bn offer from Belgian insurer Ageas
...Its existing UK operation is the sixth largest in car and home insurance, according to the company....
February 28, 2024
Private equity
Is private equity’s bet on life insurance turning sour?
...“The big question is, can the PE firms be a trusted owner of a life insurance company?” said Isabelle Santenac, global insurance leader at consultancy EY....
March 25, 2024
UK insurance industry
UK home insurers hit by surge in weather damage claims
...The rising cost of home insurance and motor insurance has exacerbated cost-of-living pressures on households....
April 14, 2024
Insurance
Nord Stream sues insurers for €400mn over pipeline explosions
...Lloyd’s of London and Arch Insurance are listed as representative defendants on behalf of the multiple insurers on the policies....
March 12, 2024
UK insurance industry
Admiral signals end of car insurance price surge
...The company set a new target to generate £2bn of operating profit by 2026, and new guidance that the cash cost of its dividend should grow by a mid-single-digit percentage....
March 7, 2024

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