Tag Archives: City of London

PRA and FCA launch consultation to boost D&I in financial services

Posted on 26/09/2023 by Roland Mill

25 September 2023 The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have launched a consultation proposing measures to boost diversity and inclusion to support healthy work cultures, … Find out more…

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‘Out of control’ wage inflation weighs on (re)insurers and brokers

Posted on 07/02/2022 by Hatty

07 February 2022 Surging wage inflation is an increasingly pressing concern for insurance and broking executives in the London market, with competition to hire and retain top talent threatening to … Find out more…

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Lloyd’s Neal: One-third of 2021 business plans ‘unrealistic’

Posted on 14/09/2020 by Hatty

10th September 2020 Around a third of 2021 business plans being submitted to Lloyd’s at this stage in the planning season are unrealistic in terms of growth or profitability expectations, … Find out more…

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Lloyd’s will support price-driven growth after Covid-19

Posted on 27/05/2020 by Hatty

14th May 2020 Lloyd’s CEO John Neal has said repricing “has to happen” following the substantial industry losses from Covid-19, and pledged flexibility in permitting additional growth to the market … Find out more…

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Hancock’s departure is a blow to Lloyd’s

Posted on 15/01/2020 by Hatty

January 2020 Make no mistake, the sudden news that performance management director Jon Hancock is leaving Lloyd’s will send ripples across the London market. He’s the man who stopped the … Find out more…

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Lloyd’s 2020 stamp capacity grows 6% to £33bn

Posted on 16/12/2019 by Hatty

December 2019 Anticipation of a harder market and the creation of an unrestricted light-touch cohort of syndicates has resulted in an increase in the aggregate Lloyd’s market stamp capacity of … Find out more…

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Lloyd’s: Syndicates must earn the right to grow

Posted on 06/12/2019 by Hatty

December 2019 Lloyd’s premium growth in 2020 will be heavily skewed towards better-performing syndicates as the Corporation seeks to incentivise the bottom quartile to improve performance and push the whole market towards … Find out more…

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No real progress’ made on 2020 expenses: Lloyd’s

Posted on 06/12/2019 by Hatty

December 2019 Lloyd’s market expense ratio is expected to see a 0.4 percentage point improvement to 38.5 percent for 2020 as a decline in acquisition costs is partially offset by … Find out more…

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Scale at Lloyd’s isn’t everything

Posted on 27/11/2019 by Hatty

November 2019 After the closure of three Lloyd’s syndicates since the start of the month – Vibe 5678, Pioneer 1980, and Acappella 2014 – there are plenty of reasons to … Find out more…

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Neal: ‘Rainmakers’ get no free pass on bad behaviour

Posted on 22/11/2019 by Hatty

November 2019 Market participants who refuse to amend inappropriate behaviour must be removed from their roles even if they bring in large profits, the Lloyd’s CEO has said. John Neal … Find out more…

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IFRS 17 to be more costly than Solvency II

Posted on 14/05/2018 by Hatty

May 2018 The overwhelming majority of UK insurers believe the incoming reporting standard IFRS 17 will be more costly than the Solvency II directive, new research has found. A survey of … Find out more…

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Lloyd’s market plunges to £2B loss on cat claims

Posted on 26/03/2018 by Hatty

March 2018  The Lloyd’s market made a £2bn ($2.8bn) pre-tax loss in 2017 as £4.5bn of major claims took their toll. The market made its first underwriting loss in six … Find out more…

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IUA calls for PRA slack for EU branches after Brexit

Posted on 23/02/2018 by Hatty

February 2018 The International Underwriting Association (IUA) is seeking regulatory leeway on a proposed threshold after which European carriers with consumer-facing operations would have to convert their UK branches to … Find out more…

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Lloyd’s gender pay gap stands at 27.7%

Posted on 23/02/2018 by Hatty

February 2018 Lloyd’s has estimated that male employees across the Corporation are paid 27.7 percent more on average than female staff. The Corporation published its gender pay gap figures today, … Find out more…

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Head of FP&A £150,000

Posted on 14/02/2018 by Hatty

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants.  

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Business Intelligence Consultant £600-£700

Posted on 14/02/2018 by Hatty

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants.

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Syndicate Portfolio Analyst £100,000

Posted on 14/02/2018 by Hatty

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants.

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GDPR brings huge ‘silent data risk’ for liability insurers

Posted on 15/11/2017 by Hatty

November 2017 Liability insurers are facing a huge increase in potentially silent exposures as a result of the increased litigation and compensation claims expected following implementation of the EU General … Find out more…

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Senior Syndicate Accountant £90,000

Posted on 03/11/2017 by Hatty

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Job Summary The main responsibility of this … Find out more…

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RI System Implementation Consultant £750

Posted on 10/08/2017 by Hatty

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants.

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