Lloyd’s says one third of new hires should be from ethnic minority backgrounds
Lloyd’s has said it plans to mandate the collection of ethnicity data as part of a move to drive up the representation of ethnic minorities across the market.
Dale receives in-principle approval from Lloyd’s to set up managing agency
Lloyd’s insurer Dale Underwriting Partners has been granted in-principle approval by the Corporation to form its own managing agency.
Lloyd’s fines former Hampden director White £96k for discreditable conduct
Former Hampden employee Gregory White has accepted a charge of discreditable conduct from the Lloyd’s Enforcement Board and been fined £96,019.18 for his involvement in the facilitation of loans between members of the Society who were clients of his then employer.
Lloyd’s names Clement sustainability director
Lloyd’s of London has promoted Rebekah Clement to sustainability director, as the Corporation continues to step up its focus on climate change.
Lloyd’s Neal: climate change “biggest opportunity industry has ever seen”
Although climate change poses unprecedented systemic risk, it also presents the single biggest opportunity the (re)insurance industry has ever seen, according to Lloyd’s CEO John Neal.
Lloyd’s, Axa, Aon and Zurich join career-break programme after successful pilot
Lloyd’s, Axa, Aon and Zurich have joined a programme designed to help professionals return to the insurance industry following a career break, as it launches the second intake after exceeding the pilot programme’s targets by 50 percent.
QBE flagship Lloyd’s syndicate struck by adverse back-year deterioration
QBE 386, a leading international liability syndicate managed by the Australian insurance group, is experiencing adverse deterioration on back years, which has impacted its 2019 open year of account (YoA).
Casualty only class to remain in red in H1 as Lloyd’s posts £1bn u/w profit
Lloyd’s has reported an H1 underwriting profit of £1.0bn ($1.4bn) with casualty the only class to produce a loss during the six-month period.
Lloyd’s names Clement sustainability director
Lloyd’s of London has promoted Rebekah Clement to sustainability director, as the Corporation continues to step up its focus on climate change.
Watson to step down from Lloyd’s Council as reaches maximum nine-year service
Canopius founder Michael Watson is to step down from the Lloyd’s Council in February 2022 after serving the maximum nine consecutive years as a member.
Lloyd’s head of market development Dunn exits for Zurich UK CUO role
Lloyd’s has parted ways with its head of market development Caroline Dunn, who is leaving the Corporation to become chief underwriting officer for the UK at Zurich.
Lloyd’s head of innovation Maynard leaves role
Lloyd’s head of innovation Trevor Maynard has left his role after more than 15 years with the Corporation, The Insurer can reveal.