by AIP Online Bureau | Mar 10, 2024 | International News, Non-Life, Regulation
Gross written premiums rose by 11.6% to 52.1 billion pounds across the commercial insurance market, which has more than 50 member firms, Lloyd’s said in an unscheduled trading update ahead of full results on March 28 LONDON: Lloyd’s of London’s...
by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Workplace/Employee Benefits
Lloyd’s, which employs around 57,000 people in insurance and broking firms and is aiming for gender parity by 2030, said women now made up more than 43% of the 57,000-strong workforce and that 46% of new hires were women in 2023 London: Lloyd’s of London has hit a...
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,...
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...
by AIP Online Bureau | Dec 8, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Mikir Shah, CEO, Africa Specialty Risks ASR Syndicate 2454 aims to begin underwriting in March 2024, and will focus on underwriting business across Africa, which represents around 2% of Lloyd’s business globally. This presents a unique opportunity for specialty risk...
