Lloyd's of London News – Page 12
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Lloyd’s boss John Neal hospitalised after cycle accident
The executive team will lead Lloyd’s while Neal recovers
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Lloyd’s of London names inflation its ‘second biggest challenge’
Inflation is rising but it will not be a huge problem for insurers if they are proactive says chief financial officer
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Lloyd’s of London brands ongoing Russia-Ukraine conflict a ‘major loss’
Lloyd’s boss admits some claims could take years to settle but believes that the marketplace is in a strong position to withstand this
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Lloyd’s returns to profit with £2.3bn in full-year 2021 results
£2.9bn was paid to customers impacted by Covid-19
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Lloyd’s slaps Atrium with ‘largest fine ever imposed’
The managing agent has accepted charges related partially to ‘inappropriate conduct’ at a ’boys’ night’
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Lloyd’s issues catastrophe warning amid sanctions move
Director of portfolio management says market must ‘price properly for the risks which are being borne’
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Government to impose sanctions preventing UK insurers and reinsurers covering Russian firms
The European Union has adopted a similar stance
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Lloyd’s plans to be ‘magnet’ for talent following chief people officer appointment
The marketplace is currently developing its talent and inclusion strategy
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Lloyd’s of London could face ‘sizeable’ hit from Russia-Ukraine war
Exposure to eastern Europe is likely to be ‘modest’ but classes such as energy could take a beating
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Lloyd’s to tap marketplace collaboration to make Blueprint Two reality
A feedback loop from the marketplace will be used by Lloyd’s to ensure a smooth and effective digitisation journey
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Lloyd’s plan for consistency in face-to-face meetings amid rise in home working
Transparency on when underwriters will be available in person is needed
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Lloyd’s of London launches interactive guide and road map for Blueprint Two
John Neal says that Lloyd’s is ‘prepared’ for digitisation and wants to be held to account throughout the implementation process
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Insurtech receives ‘in principle’ approval for Lloyd’s syndicate in a box
The move supports the insurtech’s ambition to build a safety net for those that cannot access insurance easily
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Aegis London promotes internally for new chief underwriting officer
The appointment is ‘well placed’ to boost the business’ data led strategic agenda, says incoming chief executive
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Lloyd’s looks to relocate after more than three decades in current home
The marketplace will reveal its workforce plans this year
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Lloyd’s of London hires ex-Chubb executive as new commercial director
The new hire has previously held senior roles at Axa, WTW and AIG
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Lloyd’s of London reveals new operational structure behind Blueprint Two
Lloyd’s current chief operations officer will depart on 21 January 2022
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Lloyd’s of London confirms joint venture to overhaul its digital capabilities
It is the first time in more than two decades that the marketplace’s technology will be completely transformed
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Lloyd’s to get tough on culture in 2022 amid warning to managing agents
Head of market oversight confirms ‘zero tolerance’ stance ‘to inappropriate behaviour’ as Lloyd’s outlines principles-based regime
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Cryptocurrency holds innovation opportunity for insurance industry
There is ’a tonne of potential and lots of gnarly stuff to get our heads around as insurers’ when it comes to cryptocurrency, according to insurer Beazley