The Capitalist: Labour’s boost for wealth advisors and bane for private schools plus friends like Boris’
Beazley boss upbeat on 2021 after COVID-19 losses November 24, 2020 By Muvija M and Carolyn Cohn LONDON (Reuters) – Next year could be one of Beazley’s strongest for more than a decade, the Lloyd’s of London insurer’s chief executive said on Tuesday, with the industry likely having already absorbed the bulk of its losses from the coronavirus pandemic. “We hope that the COVID-19 claims are [...]
Protestors gather outside Lloyd’s of London over coal mine insurance May 17, 2021 Protests took place today outside Lloyd’s of London in the City and in 12 other locations around the UK over insurance-related environmental concerns. People gathered to demand Lloyd’s stops insuring all coal mines immediately. The protest was designed to coincide with the reopening of Lloyd’s underwriting room. According to pressure group Coal Action Network, Lloyd’s [...]
Qatar’s sovereign wealth fund invests in Lloyd’s insurance vehicle Inigo November 19, 2020 A group of investors including Qatar’s sovereign wealth fund are reportedly in talks to back the new Lloyd’s of London vehicle Inigo. Earlier this week Enstar and Stone Point Capital announced it had sold certain underwriting assets, including its Lloyd’s Syndicate 1301 and its managing agency, to Inigo. The new company is led by former [...]
Lloyd’s of London unveils ‘robust plan’ to create safe workplace following sexual harassment claims March 26, 2019 Lloyd’s of London has unveiled a “robust plan” to create a safer workplace following reports of sexual harassment. The package of measures focuses on making it easier for staff to lodge complaints and includes an independent survey on the company’s culture and a review of practices. Read more: Shadow City minister pushes Lloyd's of London [...]
Shadow City minister ramps up pressure on Lloyd’s of London over sexual harassment claims March 26, 2019 The shadow City minister has ramped up pressure on Lloyd’s of London to eradicate its “institutionally sexist” culture after reports of sexual harassment at the 330-year-old insurance market. Labour’s John Reynolds has demanded answers from chief executive John Neal on how the company will respond to the allegations and permanently change it culture. Read more: [...]
Lloyd’s to revamp company cultural following sexual harassment incidents November 5, 2020 Lloyd’s of London recently quizzed employees on its culture in a bid to improve its work environment for women. The move follows reports of sexual harassment at the firm in recent years. Last month Lloyd’s launched its 2020 culture survey, the second culture survey carried out by the business. The market’s first 2019 survey found [...]
Lloyd’s of London hires chief financial officer from Allianz February 4, 2019 Lloyd’s of London has appointed former senior Allianz executive Burkhard Keese as chief financial officer. The insurance market has hired Keese from the German insurance giant where he spent 14 years, most recently as chief financial officer of Allianz Deutschland. Keese’s hire comes as Lloyd’s new chief executive John Neal moves to build his executive [...]
Climate activists target Blackrock London office over ‘greenwashing’ October 2, 2020 Climate protestors have targeted Blackrock’s London headquarters over its failure to put climate change at the heart of its investment strategy. In January Blackrock’s chief executive Larry Fink announced it would put environmental sustainability at the core of its strategy. The world’s largest asset manager announced a sweeping overhaul in a bid to position itself [...]
Lloyd’s of London announces coronavirus shutdown simulation March 12, 2020 Insurance market Lloyd’s of London said it will close its underwriting room at its London headquarters tomorrow to simulate a coronavirus shutdown. Lloyd’s said it will “test the resilience of the market” by closing the underwriting room at One Lime Street for 24 hours to test “alternative trading protocols”. The room will be closed from [...]
Lloyd’s of London to launch electronic exchange pilot February 26, 2020 Lloyd’s of London today said it will pilot an electronic exchange to handle insurance risks this year. The 330-year old insurance market said it has taken a 40 per cent stake in an existing electronic placement system, PPL, which will form the basis of its new complex insurance risks platform. Lloyd’s said it was moving [...]