Profit at Lloyd’s of London surges thanks to higher interest rates and premiums Lloyd's of London The market reported an underwriting profit of £5.9bn - a £3.3bn increase on the previous year's figure of £2.6bn.
Lloyd’s of London and Bermuda Monetary Authority partner to strengthen ties between global insurance hubs Insurance Lloyd’s has joined forces with the Bermuda Monetary Authority (BMA) to jointly develop an initiative for closer collaboration and alignment on sharing risk expertise between the two global insurance hubs.
Nord Stream launches lawsuit against Lloyd’s of London insurers over pipeline sabotage INSURANCE Nord Stream AG, a consortium headquartered in Switzerland, is majority owned by the Russian state-owned gas company Gazprom.
Lloyd’s of London’s underwriting profit nearly doubled in 2023 following ‘outstanding’ year March 7, 2024 The market’s combined ratio - a measure of insurance profitability - improved by 7.9 percentage points to 84 per cent from 91.9 per cent in 2022.
Lloyd’s of London strikes deal with Ping An to stay at iconic City HQ until 2035 December 18, 2023 Lloyd’s of London has struck a new deal with Chinese insurer Ping An to remain at its One Lime Street headquarters until 2035, four years longer than its original lease agreement.
Insurance chiefs on way out after Lloyd’s investigation of ‘non-financial misconduct’ December 4, 2023 The CEO of CFC Group and the CEO of CFC Underwriting are leaving the company after an investigation by Lloyd’s into allegations of non-financial misconduct
Lloyd’s chair: This Bazball fan thinks the City needs to play with more risk November 23, 2023 Charlie Conchie interviews the biggest names in the City. This week it's MCC and Lloyd's of London Chair, Bruce Carnegie-Brown.
Lloyd’s of London on edge of ‘long-term’ deal to stay in HQ until 2041 November 15, 2023 Lloyd's of London is edging on a deal to remain in its One Lime Street headquarters for 10 years longer than its original lease agreement.
Lloyd’s of London SPAC venture scrapped due to volatile markets November 13, 2023 Financials Acquisition Corp said on Monday it would enter liquidation as it scraps a planned merger with its newly formed insurance venture, citing "insufficient" cash commitments due to volatile capital markets.
Insurance SPAC boss: London loves a bad headline – but we’re the best in the world November 2, 2023 London loves a “bad headline” and should instead embrace its role as the “global centre” of insurance expertise, the boss of a listed acquisition vehicle has claimed, as he prepares to debut a new insurance firm on the public markets this month.