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Britain’s financial regulators need ‘ambitious mindset’, says industry leader

Britain’s financial regulators need ‘ambitious mindset’, says industry leader

by AIP Online Bureau | Feb 10, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance

“At Lloyd’s, we have the capacity and expertise to evaluate and approve a new underwriting syndicate within 30 days, but the external regulators require many months more before making a decision, causing businesses to set up outside the UK,” said Carnegie-Brown,...
Lloyd’s of London extends lease on iconic building until 2035

Lloyd’s of London extends lease on iconic building until 2035

by AIP Online Bureau | Dec 18, 2023 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance, Technology, Workplace/Employee Benefits

The deal with landlord Ping An Insurance Group, which came together on Friday, not only grants Lloyd’s an option to stay in the Richard Rogers-designed high-rise until 2040, but also involves a commitment to invest in reducing the Grade I-listed building’s energy...
Britain’s financial regulators need ‘ambitious mindset’, says industry leader

Lloyd’s of London to invest $65 mln following slavery report

by AIP Online Bureau | Nov 9, 2023 | Eco/Invest/Demography, International News

“We’ve asked ourselves how we could have the greatest impact,” Lloyd’s Chairman Bruce Carnegie-Brown told Reuters. “We can’t change the wrongs of the past, but we can make a difference today.” Lloyd’s of London will invest 40 million pounds ($49.6 million) in regions...
Britain’s financial regulators need ‘ambitious mindset’, says industry leader

Global economy exposed to $3.5 trillion from major cyber attack: Lloyd’s

by AIP Online Bureau | Oct 19, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

“The global interconnectedness of cyber means it is too substantial a risk for one sector to face alone and therefore we must continue to share knowledge, expertise and innovative ideas across government, industry and the insurance market to ensure we build society’s...
Britain’s financial regulators need ‘ambitious mindset’, says industry leader

Bruce Carnegie-Brown re-appointed as Lloyd’s Chairman

by AIP Online Bureau | Jun 17, 2022 | International News, Non-Life, Reinsurance

Bruce Carnegie-Brown, chairman, Lloyd’s “It has been a privilege to serve as Lloyd’s Chairman over the last five years, and I am honoured to be re-appointed. There remains a great deal that we still need to do across the market and Corporation to build on...
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