World’s largest insurers head to court for high-stakes clash Legal A multi-billion pound trial over stranded aircraft in Russia kicked off this morning in a jam-packed courtroom
Profit surge sparks hiring boom in London’s insurance sector insurance Lloyd's of London recently reported a sharp rise in profits, driving a surge in recruitment across the capital's insurance sector.
Lloyd’s of London names Treasury veteran Charles Roxburgh as chair insurance Lloyd's of London has named Treasury veteran Charles Roxburgh as its next chair, taking over one of the City's most prestigious posts from Bruce Carnegie-Brown.
Lloyd’s of London reports ‘superb’ first half but warns of digitisation delays September 5, 2024 Lloyd’s of London, the storied insurance market and one of the world’s largest providers of reinsurance, has reported a jump in profit today but warned its landmark digitisation project was taking “longer than expected”. Lloyd’s reported an overall profit before tax of £4.9bn in the first half of 2024, up from the figure of £3.9bn [...]
London insurance sector braces for Atlantic hurricane season August 21, 2024 As the Atlantic hurricane season reaches its peak, the London insurance market is preparing for the fallout.
Beazley: Shares hit all-time high after insurer doubles profit and improves guidance August 8, 2024 Shares in Beazley have hit an all-time high after the Lloyd's of London insurer more than doubled its profit in the first half of 2024 and improved its outlook for a key measure of full-year profitability.
Hiscox: Lloyd’s of London insurer reports ‘robust growth’ despite a more ‘active loss environment’ August 7, 2024 Hiscox, the Lloyd’s of London insurer, has reported another set of strong results as the company has continued to benefit from a hard insurance market. In its interim results for the six months to 30th June, the company recorded 3.3 per cent growth in insurance contract written premium (ICWP). The figure rose $89.6m (£70.5m) to [...]
Lloyd’s of London insurers Beazley, Hiscox and Lancashire are takeover targets, analysts say July 9, 2024 Lloyd's of London insurers are expected to be the subject of takeover interest, analysts have said, following news that foreign rivals are circling London-listed Hiscox.
Hiscox shares soar as Lloyd’s of London insurer attracts foreign takeover interest July 8, 2024 Shares in Hiscox surged as much as 14 per cent on Monday following news that two foreign rivals are considering takeover bids for the Lloyd’s of London insurer.
London insurtech founder: ‘I don’t think there’s anywhere else we could do something like this’ June 25, 2024 London is perfectly positioned to become a world-leading destination for insurtech said the founder of Flock.