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...In September, Lloyd’s of London defended a move to limit systemic risk from cyber attacks by requesting that insurance policies written in the market have an exemption for state-backed attacks....
...Lloyd’s of London insurer Beazley has launched the first cyber catastrophe bond, opening up one of the fastest-growing areas of the underwriting industry to investors as companies and governments seek to...
...The heads of two London-based law firms said they were struggling to get associates and younger members of staff back to the office, even with policies in place asking them to come in on certain days....
...Some businesses, fearful that the policies will no longer give them adequate cover, have taken their concerns to Lloyd’s leadership directly, according to people familiar with the matter....
...The FT revealed on Thursday that Lloyd’s of London’s historic underwriting room would be kept open for business to allow brokers and underwriters to work in person during the crucial December renewal season...
...Some of those recurring charges do not apply during the first six years, but certain clients have to pay early-withdrawal charges — exit fees — if they pull their money during that time....
...Today, Lloyd is worried cities are in danger of becoming “rarefied” — if families can no longer afford the city, neither can artists that create some of their cultural appeal....
...The LMG brings together Lloyd’s of London, insurers and brokers that operate in that market as well as the “company market”, which offers similar insurance but not within Lloyd’s....
...Lloyd’s of London has defended a looming requirement that cyber policies written in the insurance market have an exemption for state-backed attacks, following a backlash among brokers and academics....
...Earlier this month, Lloyd’s of London issued a bulletin noting that, “when writing cyber attack risks, underwriters need to take account of the possibility that state backed attacks may occur outside of...
...Those poor overpaid recent university graduates!) but also moved Goldman to begin enforcing its notional “protected Saturday” policy....
...And once the manifesto is written, then you as a business will have basically no chance of influencing what Labour’s policies will be in your field going to the general election....
...City of London....
...Those familiar with the SME world say levels of entrepreneurship are high among black people....
...The EU is trying to come up with an equivalent kind of policy....
...But that doesn’t mean does it seem that he’s not under pressure or indeed, as Lucy alluded to, that he has now come under pressure on certain policy areas from the Tory right? Stephen BushYeah....
...But there’s no let up in inflation and a lot of unhappiness with the government’s policy on asylum seekers. Justin WelbyIt is isolationist. It is morally unacceptable and politically impractical....
...And without insurance available to protect them, companies could conclude that certain sorts of business are no longer feasible....
...I do believe it’s one of those policy areas that it would be politically impossible for Sunak to ignore....
...If underwriters are reluctant to return en masse every day, that means the efficiency of old no longer holds....
...You know, post-war in Ukraine, the two sides have been working very closely on sanctions, on foreign policy, on defence policy and energy policy....
...of London....
...“We remain of the view that ceasing to provide the cover for those areas is the right thing to do, so we’re not rowing back,” Lloyd’s sustainability director Rebekah Clement said....
...Boiling frogs “There is a certain amount of frustration about policy inconsistency and lack of policy clarity,” says the former security official....
...In November, the Lloyd’s Market Association, a body that represents underwriters in London’s specialist insurance market, tried to address the uncertainty by publishing some model clauses for these exclusions...
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