Food inflation: First signs of energy cost surge feed through to supermarket shelves as discounts fail to stem price growth
Lloyd’s of London’s profit drops despite premium growth insurance Lloyd’s of London, the world’s leading insurance and reinsurance marketplace, has reported a profit before tax of £9.6bn for 2024, a drop from the £10.7bn reported for 2023. The market, which is made up of more than 50 leading insurance companies and over 380 registered Lloyd’s brokers, recorded gross written premiums of £55.5bn for 2024, [...]
Hurricane Milton: Global insurance industry bracing for colossal losses insurance As Hurricane Milton, a category three storm rips through the central west coast of Florida, the global insurance industry is bracing for losses of up to $100bn