Lloyd’s chairman says RBS in the same mess as Lloyd’s was
Lloyd’s Chairman Peter Levene has said “Lloyd’s, fifteen years ago, was the RBS of today,” Bloomberg reports.
The road to recovery is “very long, hard; you haven’t got a quick-fit solution,” he said.
The solution, he said was improving transparency about where risk is accumulating, centralising oversight of the activities of those risk-takers, and bundling old, impaired assets into a separate unit to free up capital.
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
