The intersection between the capital markets and the insurance industry Sponsored Insurance is part of the DNA of global capitalism, but due to concerns around complexity and liquidity, the market has historically struggled to attract the capital needed for growth. Aon’s Capital Advisory division works with insurance clients to enhance return on capital by matching risk with capital to make better business decisions. It’s been built [...]
Lloyd’s of London insurer Canopius favours IPO in private equity exit insurance The private equity owners of Canopius plan to list the Lloyd’s of London insurer on the UK stock market next year, City AM has learned. A consortium led by US investor Centerbridge Partners is leaning towards an IPO rather than sale as part of its review into exit options for Canopius, according to a person [...]
Lloyd’s of London names Treasury veteran Charles Roxburgh as chair insurance Lloyd's of London has named Treasury veteran Charles Roxburgh as its next chair, taking over one of the City's most prestigious posts from Bruce Carnegie-Brown.
Lloyd’s chair slams plans for Shard-height skyscraper next to Leadenhall Market July 2, 2024 The chairman of Lloyd's of London has objected to plans for the building of a new Shard-scale skyscraper in the City of London
Record numbers working in the City’s insurance market May 19, 2024 Job numbers in the City's insurance market are at their highest level for at least a decade, according to data from an industry body.
Lloyd’s of London leans on its unique qualities to ignite growth April 29, 2024 Since the first agreements between merchants and shipowners were inked in Edward Lloyd’s coffee house in 1698, the market has relied on paper-heavy face-to-face trading.
Time to celebrate one of London’s overlooked success stories April 29, 2024 The decline of London’s equity market has dominated the headlines, obscuring what has been one of the City’s great success stories.
Profit at Lloyd’s of London surges thanks to higher interest rates and premiums March 28, 2024 The market reported an underwriting profit of £5.9bn - a £3.3bn increase on the previous year's figure of £2.6bn.
Lloyd’s of London and Bermuda Monetary Authority partner to strengthen ties between global insurance hubs March 14, 2024 Lloyd’s has joined forces with the Bermuda Monetary Authority (BMA) to jointly develop an initiative for closer collaboration and alignment on sharing risk expertise between the two global insurance hubs.
Nord Stream launches lawsuit against Lloyd’s of London insurers over pipeline sabotage March 12, 2024 Nord Stream AG, a consortium headquartered in Switzerland, is majority owned by the Russian state-owned gas company Gazprom.