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LLoyd's

  • Top energy and City bosses called for summit with Starmer as oil surges

    Politics

    A number of senior leaders from the likes of HSBC, Goldman Sachs and Shell will meet with Prime Minister Sir Keir Starmer on Monday as the government scrambles to help ease the unfolding energy crisis from the war in Iran. Top officials from the energy, finance and logistics sectors will attend the roundtable on Monday, [...]

    Keir Starmer stands with a British flag, highlighting political leadership and national pride in a business news context.
  • House prices plunge around London with Brighton, Crawley hit hardest

    Business

    Patches of London’s ‘stockbroker belt’ suffered the most significant decline in house prices this year, as both the capital and the South East fell behind northern regions. The West Sussex town of Crawley suffered an 8.9 per cent drop of £36,317, while High Wycombe saw a 7.4 per cent drop, with £34,994 wiped off house [...]

    House prices are stalling amid pre-Budget fears.
  • Lloyd’s of London CFO leaves role with Prem Rugby club Saracens

    Sport Business

    Lloyd’s of London’s chief financial officer Alexandra Cliff has left her role as director of Prem Rugby club Saracens after less than a year. The former Direct Line Group, StarStone, and AJ Gallagher figure was appointed as a director of Saracens on 25 November last year following the departure of former chief executive Mark Thompson [...]

    Getty Images logo on a vibrant screen, representing stock photography and media licensing in a digital business context
  • The Long Tail: The crucial role of Managing General Agents

    September 17, 2025

    As the fastest-growing segment in property and casualty (P&C) insurance globally, managing general agents (MGAs) are attracting significant investment and playing a crucial role in closing the protection gap. MGAs utilise capital from large insurers to underwrite on their behalf, allowing insurers access to specialised product lines without having to build in-house capabilities. In the [...]

  • Higher interest rates boost Lloyd’s of London

    September 4, 2025

    Lloyd’s of London, the world’s leading insurance and reinsurance market, has reported a profit before tax of £4.2bn for the first half of 2025. Gross written premiums climbed to £32.5bn, up from £30.6bn reported for the same period last year. Its underwriting result fell to £1.5bn, down from £3.1bn the previous year, as the market’s [...]

  • Hiscox shares jump after firm lifts buyback despite wildfire losses

    August 6, 2025

    Shares in Lloyd’s of London insurer Hiscox jumped more than 10 per cent in early deals this morning after the company hiked its share buyback. Overall, the group posted a slight fall in interim profit as wildfire claims hit its reinsurance division, but the group increased capital returns on the back of substantial investment income. [...]

  • Lloyds reports strong growth as UK economic conditions improve

    July 24, 2025

    Lloyds bank has reported a strong financial performance in the first half of the year, achieving income growth and showing continued momentum across the business. The FTSE 100 giant, which includes Lloyd’s, Halifax and Bank of Scotland recorded a statutory profit after tax increase of £2.5bn, up 4 per cent year on year, with a [...]

  • Lloyd’s chair says marketplace must ‘extend’ leading position

    July 1, 2025

    The new chair of Lloyd’s has vowed to “strengthen and extend” the insurance marketplace’s industry leading position after the sector was identified as a ‘frontier industry’ in the government’s newly minted Industrial Strategy. In a speech seen exclusively by City AM, Sir Charles Roxburgh hailed the “success of Lloyd’s and the London insurance market”, saying [...]

  • Santander: Ex-Treasury chief civil servant could be new bank chairman

    April 5, 2025

    Former Treasury permanent secretary Sir Tom Scholar who was sacked by Liz Truss could become the new chairman of Santander UK, according to a report. Sir Tom, who helped devise the Covid-19 furlough job protection scheme, is the preferred candidate for chairmanship of Britain’s fifth-biggest high street bank, Sky News is reporting. He could be [...]

  • Lloyd’s of London expects £1.8bn hit from Californian wildfires

    March 10, 2025

    Lloyd’s of London, the historic insurance market, has reported a 6.5 per cent increase in premiums written for 2024. In a trading update published this morning ahead of its full results, which are set to be released on 20 March 2025, Lloyd’s said gross written premiums increased £55.5bn from £52.1bn in the prior year. Lloyd’s [...]

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