by AIP Online Bureau | Mar 28, 2024 | International News, Non-Life, Reinsurance
“We’ll continue working with our market to deliver consistent profitable performance through disciplined underwriting,” Chief Executive John Neal said in a statement London: Lloyd’s of London swung to a pre-tax profit of 10.7 billion pounds ($13.51 billion) in 2023,...
by AIP Online Bureau | Mar 28, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“If you look at it from a marine point of view, this could be one of the largest marine losses in history. Insurance companies will be liable to cover the multi-billion-dollar losses. The vessel is insured, the bridge is insured, the port authority’s...
by AIP Online Bureau | Sep 7, 2023 | International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits
John Neal,Chief Executive Officer,Lloyd’s of London Rising inflation, recession worries, climate threats and geopolitical tensions are making individuals and businesses more wary of risks, according to the head of the insurance exchange. While in a normal year...
