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Lloyd's of London

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Premiums boost Lloyd’s pair

09.11.09
Lloyd’s of London insurers Hiscox and Beazley enjoyed the calm after the storm in the last three months, boosted by higher gross premiums and investment profits... more

‘Limited gains’ for Lloyd’s

27.10.09
Lloyd's of London today called time on the rally in the stock market ... more

Reviving stocks power Brit to premiums profits

23.10.09
The rising stock market has been good news for Lloyd's of London insurer Brit, which is now making a profit on the premiums it takes in from customers... more

Jessops escapes – and stuff the shareholders

01.10.09
Jessops is one of those High Street businesses everyone knew was likely to struggle when digital cameras came in. The photographer was de-skilled overnight when it became possible to snap away endlessly at no cost for film or developing until eventually even the most inept camera hand got the right shot. At the same time, quantity overtook quality — witness all those images on Facebook, few of which are there for their artistic excellence. ... more

Thieves are getting nasty in recession

29.09.09
AS Lloyd’s of London warns of rising insurance claims because of the recession-induced increase in crime, City Spy contacts chums in the claims-handling world to find out the burglars’ and blaggers’ canniest scams... more

Lloyd’s chief warns of more insurance fraud

24.09.09
Lloyd’s of London’s chief executive Richard Ward today warned the deep recession would increase the number of fraudulent claims being made against the insurance market ... more

Investments lift Catlin

07.08.09
Catlin, the biggest underwriter on the Lloyd’s of London insurance market, cranked up its interim dividend by 9% as it posted its largest ever pre-tax profit ... more

Disasters are good for business at Beazley

27.07.09
Lloyd’s of London insurer Beazley today boasted best-ever first-half results as the cost of buying protection against natural disasters such as hurricanes soared ... more

Bringing boards to heel is going to be a tough battle

03.07.09
It was only this week that I realised how fraught is the world of corporate governance following the debacle of the banks and the subsequent suggestions that shareholders should in future do more to rein back management whose strategies seemed to embody excessive risk ... more

Omega ups Lloyd’s stake with £45m

02.07.09
Omega Insurance has raised its stake in the Lloyd’s of London insurance syndicate 958 to 35% in a £45 million deal with the syndicate’s members... more

Cheers as Brit calls an end to its Chaucer takeover tale

24.06.09
The cheers rang around Lime Street in the City today after Lloyd's of London broker Brit Insurance chose to withdraw its £221 million bid for rival Chaucer and thereby avoid the possibility of involving itself in a bidding war... more

Sea of litigation puts Lloyd’s at risk

21.05.09
Lord Levene, chairman of Lloyd’s of London, is wont to say that he represents one area of the financial services industry not dragged down by the financial crisis ... more

Russian tycoon stalks Lloyd's insurer Chaucer

14.05.09
London-based Russian financier Alexander Knaster is looking to get entry to one of the UK's top clubs -Lloyd's of London ... more

Novae counting on higher premiums

06.03.09
Lloyd's of London insurance underwriter Novae said it was preparing "with relish" for several years of higher premiums... more

Hardy passes hat for £40m to chase profits

27.02.09
Insurance: Ships and planes insurer Hardy Underwriting is seeking £40 million from shareholders to take advantage of rising rates across the industry... more

Surprise profit boost from Brit Insurance

10.02.09
Insurance: Brit Insurance confirmed its reputation as one of the most prudently managed Lloyd's of London operators when it signalled that profits will be much higher than the market was expecting... more

Insurer Hardy buoyed by shares sell-off

03.02.09
Insurance: Bermuda-based Lloyd’s of London insurer Hardy enjoyed a double whammy of good news as they were one of the few insurers not to have lost money in the stock market last year ... more

Sickly sterling gives Hiscox a £150m lift

26.01.09
Insurance: Lloyd's of London insurer Hiscox today reported a £150 million boost to its balance sheet... more

Insurer issues warning of sky-rocketing premiums

12.01.09
Insurance: Leading Lloyd’s of London insurer Amlin is calling the bottom of the insurance market, predicting that rates will rocket this year ... more

London bike park 'one of the safest in world'

17.12.08
A London bicycle park has been selected as one of the world's best examples of cycle safety... more

Saving banks the Lloyd's way

07.11.08
Perhaps the most remarkable aspect of these extraordinary times is the pace of the adjustment. Redrow, the builder, this week announced that its year-on-year house sales have fallen by 45%, while figures for the housing market yesterday revealed that prices declined by 15% in the year to October.... more

Lloyd's rings alarm bell on recession

28.10.08
Lloyd's of London, the world's biggest insurance market, warns of "global recession" after "unprecedented volatility" in financial markets... more

Lloyd's facing £1.4bn in Gulf storms claims

21.10.08
Lloyd's of London expects to face net claims of £1.36 billion for Hurricanes Gustav and Ike, which ripped through the Gulf of Mexico earlier this year... more

Insurers face shock hurricane bills rise

20.10.08
Insurance: Insurers will have to pay out many billions of pounds more than expected for claims from the last hurricane season, two leading players warned... more

Leveraging up Lehman losses

09.10.08
In the brave new world of credit insurance, $1 billion of bonds will support $10 billion of derivatives, so any pain will be so much greater... more

Open House takes public behind the capital's green doors

09.09.08
From landmark office towers to historic almshouses, a record number of buildings will admit the public this month for Open House weekend... more

Lloyd's climbs to £3.8bn but warns of tough times ahead

03.04.08
Annual profits at Lloyd's of London soar to £3.85 billion ... more

Dome designer attacks new buildings

29.03.07
Lord Rogers launched a scathing attack on modern British architecture as he was announced the winner of the industry's most prestigious honour.... more

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