Lloyd’s reports £900 million loss for 2020
Lloyd’s has reported an aggregated market loss of £900 million for 2020 (2019: £2.5 billion profit), including net incurred Covid-19...
Read MoreLondon FOIL appoints Ling Ong as president
Ling Ong, partner at Weightmans, has been appointed as the new president of London FOIL and will lead the organisation...
Read MoreNDML and NTIA urge Hiscox to make interim business interruption payments
Hiscox should begin making interim payments under business interruption policies after the Financial Conduct Authority's (FCA) test case was decided...
Read MoreLloyd’s to pay out £5 billion in Covid-19 claims
Lloyd's of London expects to pay out up to £5 billion in Covid-19 claims, as a strong capital and solvency...
Read MoreSampo and RMI to acquire Hastings Group for £1.66 billion
Finnish insurer Sampo and South African investment firm RMI have bid £1.66 billion to acquire Hastings Group. RMI already owns...
Read MoreNew Lloyd’s syndicate to insure storage and transportation of Covid-19 vaccine
Lloyd’s of London has provisionally approved the creation of a new syndicate designed to insure the storage and transportation of...
Read MoreFlood Re processes record number of claims and payouts
Flood Re processed more claims and paid out more during 2019/20 than in its first three years of operation combined....
Read MoreAtradius welcomes trade credit insurance support scheme
Trade credit insurer Atradius has welcomed the launch of the temporary, government-backed reinsurance scheme to help businesses recover from the...
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