Lloyd’s of London
Broking Break: Your top five of the week
Job losses at Lloyd’s, an acquisition, Apple’s cyber insurance plans, company results and rebrand head this week’s list of stories.
Fitch turns negative on Lloyd’s outlook
Rating remains the same at AA-.
MS Amlin picks Belgium as post-Brexit hub
According to the firm the change is expected to be completed in time for 2019 renewals.
Lloyd’s to reduce UK staff headcount by 10% in Q4
London Market is looking to reduce costs, improve efficiency and drive forward a modern agenda.
Medical indemnity scheme set up by Servca
The Lloyd’s broker said other brokers would be able to white label the scheme which is backed by A rated cover.
BBi Horsham awarded chartered status
New status places emphasis on professional qualifications and high standard of advice and service, says broker.
CII launches new London Market qualification
Certificate is aimed at brokers, insurers and reinsurers involved in the London Market.
Tysers reports decrease in profit for 2016
But turnover and Ebitda are up at the Lloyd's broker.
QBE chooses Brussels for post-Brexit EU base
Insurer to expand its current Brussels branch.
CNA Hardy picks Luxembourg for post-Brexit office
New unit to be established by the start of 2019.
Broking Break: Your Top 5
A recap of the stories that grabbed your attention this week featuring LV and its secret discussions with insurers, Lloyd's on redundancies and Markerstudy's hints on buying.
Lloyd's contacts all staff about voluntary redundancies
Corporation sends email to staff about voluntary severance programme.
InsurTech Futures: Lloyd’s of London fails to insure future with delay in technology take-up
Inefficient processes and a lack of understanding and deployment of technological solutions are holding Lloyd's back, writes Daniel Golding, director of financial services at Baringa.
Berns Brett awarded chartered status
Lloyd's broker commits to CII's code of ethics.
Quizzical questions: 31 March 2017
Test your knowledge of the week's news with our topical quiz.
Lloyd’s pre-tax profit flat at £2.1bn in 2016
Market’s COR deteriorates to 97.9% as GWP rises.
Lloyd’s announces Brussels Brexit move
The business will open a subsidiary in Belgium which will be its EU base.