Extinction Rebellion blockades Lloyd’s of London building as City police make arrests February 28, 2024 Extinction Rebellion posted an image of a van full of equipment, including a megaphone and paint-covered items.
If you look past the headlines London is charging ahead May 20, 2024 While the headlines are dominated by a steady trickle of takeovers stripping the London Stock Exchange, money is flooding into the capital elsewhere.
Bank of England lays out another round of changes to Solvency II to free up capital September 28, 2023 The Prudential Regulation Authority (PRA) has set out another round of reforms to the Solvency II regime in an attempt to unlock a wave of investment in the UK economy. The UK government set out its plans for a post-Brexit overhaul of the EU’s Solvency II rules in November last year, with a view to [...]
Aviva looks to settle investor nerves after share price slide August 8, 2022 Aviva shareholders are braced to see whether the insurance giant can regain some momentum this week after its share price has stalled in recent months to trade no higher than 30 years ago.
Twelve Capital: Committed To A Sustainable Future December 4, 2023 Twelve Capital is one of the largest independent investment managers in the insurance-linked securities space. The company pride themselves on their client-centric approach, saying their focus is on delivering best in class results – through collaboration and innovation. Twelve Capital’s investment expertise covers the entire balance sheet, including Insurance Debt, Insurance-Linked Securities and Equity. In [...]
Is your pension protected from cyber attacks? March 31, 2024 Large-scale infrastructure may offer predictable returns for investors, but it’s vulnerable to hackers. Gavin Lillywhite explains how asset managers and pension trustees can reduce their exposure We’re all aware of the ever-increasing cyber risk in both our personal lives, workplace and wider society. As consumers we hand over ever-increasing volumes of valuable personal data in [...]
A Legacy of Difference Making August 24, 2023 We were basically running insurance companies,” the likable Barry Gale tells City A.M. of his career before joining Aon. Gale was at a Big Four consultancy firm, working on restructuring and insolvency. “But without the front-end, bringing in new clients.” He and his colleagues soon found out that winding up insurance firms was notably more [...]
Women sentenced after faking husband’s death for £400,000 insurance claim March 15, 2021 A woman from London faces two years imprisonment after she reported her husband dead in an attempt to defraud her insurer £397,153. Thuile Bhebhe, 51, reported that her husband had died in Zimbabwe in August 2016, submitting false documents to her insurer, Aviva, in order to substantiate her claim. But discrepancies in the paperwork submitted [...]
Lloyd’s of London reports ‘superb’ first half but warns of digitisation delays September 5, 2024 Lloyd’s of London, the storied insurance market and one of the world’s largest providers of reinsurance, has reported a jump in profit today but warned its landmark digitisation project was taking “longer than expected”. Lloyd’s reported an overall profit before tax of £4.9bn in the first half of 2024, up from the figure of £3.9bn [...]
Solvency II: When will the post-Brexit investment bonanza arrive? September 29, 2023 When Rishi Sunak pointed to a once obscure piece of prudential regulation during a leadership debate last year, it felt to many in the City like a watershed moment.