Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Business
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
    • ICAS Talk
    • Warwick Business School
    • The University of Bath
    • AON
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • Schroders Talk
    • IG Talk
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • CoinCorner Talk
    • Crypto Magazine
  • Opinion
    • Features
    • Letters
    • The City View
  • Jobs and Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • Doceo
    • The Business Guide
    • 10 ways to run a more efficient business
    • Finance & Legal
  • Unwind
    • Life & Style
    • Sport
    • The Punter
    • LIV Golf
    • Travel
    • Sport Business
    • The Punter Podcast
    • Aramco Team Series
    • Culture
    • Queen’s Award 2022
    • Green Economy
    • The Magazine
    • The DiverCity Podcast
  • Charity
    • Giving
    • World’s biggest donors 2010 – 2021
  • Latest Paper
  • Jobs

Lloyd's of London

  • Insurers grapple with transition to a greener world

    Net zero

    Last week, a coalition of thirteen of the UK’s major insurers vowed to cut their supply chain emissions as part of the Sustainable Markets Initiative’s (SMI’s) sustainable supply chain pledge. In signing the SMI pledge, the 13 insurers and brokers – including Axa, Phoenix, Lloyd’s, and Direct Line – vowed to work with their suppliers [...]

  • Informa sells centuries old Lloyd’s List to private equity firm Montagu

    Lloyd's List

    London private equity firm Montagu has struck a deal with publishing giant Informa to buy up shipping newsletter Lloyd’s List, one of the world’s oldest continuously running news journals. Montagu Private Equity, which manages €10bn (£8.4bn) worth of assets, has agreed to buy the centuries-old maritime news service from Informa, in a deal worth £385m. [...]

  • Lloyd’s of London aims to attract billions in capital via launch of new investment vehicle

    Lloyd's of London

    Lloyd’s of London has set out plans for the launch of a new investment vehicle, with a view to drawing in billions from institutional investors.   The London insurance market today announced plans to set up a second protected cell company (PCC) following the successful launch of its London Bridge Risk PCC vehicle last year. [...]

  • Claims globalisation has ‘had its heyday’ are premature, Lloyd’s chief executive says

    August 2, 2022

    Claims the dual shocks of Covid and the war in Ukraine have halted the “all conquering forces of globalisation” are “premature,” Lloyd’s of London chief executive John Neal told City A.M.   In an op-ed in this newspaper, the insurance chief said that while we will “rightly see a degree of retreat and retrenchment” in [...]

  • Solvency II reforms will not be a ‘free lunch’ for insurance sector, Bank of England says

    July 8, 2022

    The Bank of England (BoE) has said its post-Brexit shakeup of the rules that govern the UK’s insurance industry will not be a “free lunch” for the sector, that puts policyholders at risk. In a speech on Friday, Sam Woods, chief executive of the BoE’s Prudential Regulation Authority (PRA) said policyholders must be protected as [...]

  • Lloyd’s to stay in iconic headquarters until at least 2031

    July 8, 2022

    Lloyd’s of London is set to stay in its iconic City of London headquarters until at least 2031, according to new reports that quell rumours the insurer had been planning to leave its purpose-built tower in 2026. There is now “zero chance” the insurer will trigger the lease break clause in its contract with its [...]

  • Chinese firm that owns Lloyd’s building brings in architects to draw up plans if insurer leaves

    June 23, 2022

    The Chinese insurance giant that owns Lloyd’s of London’s City headquarters has brought architects into the Grade I listed building to come up with ideas for what to do with it if Lloyds decides to leave. China’s biggest insurer Ping An – which bought the Lloyd’s building for £260m in 2013 – has brought in [...]

  • UK watchdog fines London insurer JLT Speciality Ltd £7.9m for involvement in bribery scandal

    June 22, 2022

    The UK’s financial watchdog has fined London insurance broker JLT Specialty Ltd (JLTSL) £7.9m over its involvement in a multi-million-dollar bribery scandal. The Financial Conduct Authority (FCA) hit the London broker with a £7.9m fine for failing to prevent financial crime, after an “introducer” working for the firm in Panama paid $3m in bribes to [...]

  • Marine and aviation insurance premiums more double as policyholders feel hit from Ukraine war

    May 30, 2022

    The cost of insuring certain marine and aviation businesses has more than doubled due to rising costs and the risks associated with the war in Ukraine. Global insurance premiums increased 11 per cent in the first quarter 2022, as conflict in Ukraine pushed up insurance costs worldwide, Reuters said. However, insurance costs have soared particularly [...]

  • Insurance sector exodus could serve major hit to Russia’s energy exports

    May 25, 2022

    Efforts on the part of insurers to cut their links to Russia could put a stranglehold on Russian energy exports, unless the Kremlin fills the void, analysts have said. The push amongst Western insurance companies to distance themselves from Russian clients, to ensure they are not in breach of Western sanctions, could severely impact the [...]

Posts navigation

  • Page 1
  • Page 2
  • Page 3
  • Next

Trending Articles

  • Brits in EU slide into Brexit banking limbo as Barclays, Lloyd's and Halifax shut their accounts

  • Mark Cuban goes head-to-head with World Mobile CEO over Cardano

  • Conservatives are paralysed by a false idea of what the ‘take back control’ means

  • New virus outbreak: As Langya spreads across China, just how worried should we be?

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2019

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2022 City A.M. Limited

Your news your way

Subscribe to get the essential daily news updates from City A.M's top stories to your inbox.

By signing up to our newsletters you agree to the Terms and Conditions and Privacy Policy.