Tag Archives: Lloyd’s of London

Lloyd’s market to grow by up to 13% in 2021: Neal

Posted on 08/10/2020 by Hatty

8th October 2020 Lloyd’s CEO John Neal has said he expects to sign off on business plans allowing the market to grow by between 12% and 13% in 2021 and … 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 sets 35% female leadership target for market

Posted on 09/09/2020 by Hatty

30th July 2020 Lloyd’s has announced a target of 35% female representation in leadership positions as it seeks to fulfil its commitment to driving long-term culture change in the market. … 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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Government confirms IR35 extension into private sector

Posted on 01/03/2020 by Hatty

27 February 2020 The government has confirmed it will proceed with the planned extension of off-payroll rules into the private sector from April. The confirmation came in a report from … 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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Insider Briefing – Lloyd’s Merger Watch

Posted on 09/12/2019 by Hatty

December 2019 The number of Lloyd’s underwriting entities is steadily falling.  The closure of a sequence of syndicates – most recently Acappella, Vibe and Pioneer – has been the most … 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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Is losing your contractors worth it for the long-term?

Posted on 05/12/2019 by Hatty

December 2019 Gradually throughout the year more and more companies have set the precedence for incoming IR35 reform by confirming that they will not be engaging with contractors regardless if … Find out more…

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Lloyd’s 2020 premium growth to exceed 5% expected rate rise

Posted on 03/12/2019 by Hatty

November 2019 Lloyd’s market planned premium growth for 2020 will be a few points higher than the market-average risk-adjusted rate increase of 5 percent, The Insurance Insider understands.   Sources … 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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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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Firms buy insurance ‘in mad panic’ as cyber-attacks soar

Posted on 17/01/2018 by Hatty

January 2018  Image copyrightGETTY IMAGESImage captionMany firms are panicking as cyber-attacks and regulatory fines threaten profits With cyber-attacks increasing in frequency and severity, many companies are turning to insurance to … Find out more…

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P&C sector slides to $20bn US underwriting loss

Posted on 22/11/2017 by Hatty

November 2017  The US property and casualty sector slumped in the first nine months of the year to deliver a $20bn underwriting loss after a trio of hurricanes pushed the … 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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Lloyd’s applies for Brexit hub licence

Posted on 24/10/2017 by Hatty

October 2017 Lloyd’s has filed an application with the Belgian regulator to form an insurance company that will allow it to continue to write European Economic Area business after Brexit … Find out more…

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Charles Taylor set to win delegated authority bid

Posted on 08/08/2017 by Hatty

August 2017  Charles Taylor InsureTech has emerged as the preferred partner in a project that will radically reshape the way cover holders pass data to London market carriers, The Insurance … Find out more…

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PRA reveals carrier worries on facilities

Posted on 03/07/2017 by Hatty

30th June 2017  The head of insurance supervision at UK regulator the Prudential Regulation Authority (PRA) has said the watchdog would probe deeper into the impact of facilities on carriers. … Find out more…

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General insurance: The wide-ranging implications of IFRS 17

Posted on 13/06/2017 by Hatty

13th June 2017  The new accounting standard for insurance contracts, IFRS 17, will have wide-ranging implications for (re)insurers, and many firms are preparing for significant changes to their business operations  … Find out more…

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EU watchdog warns against ‘letterbox entities’

Posted on 06/06/2017 by Hatty

6th June 2017 The EU securities and markets regulator has warned national watchdogs against companies hoping to set up thinly staffed “brass plaque” entities ahead of Brexit. In an advisory … Find out more…

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Hancock takes hard line on Lloyd’s market growth

Posted on 05/06/2017 by Hatty

5th June 2017 Lloyd’s performance management director Jon Hancock has said he expects the market to shrink for the next two years, as the Corporation takes a tough stance on … Find out more…

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AM Best shuns Solvency II model use in ratings

Posted on 24/05/2017 by Hatty

22 May 2017 AM Best has said it will not directly use Solvency II results in its rating assessments over concerns the regime does not provide an accurate picture of … Find out more…

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Assistant Syndicate Accountant

Posted on 04/06/2015 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. Hugely successful London market insurer are looking … Find out more…

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External Reporting Accountant

Posted on 27/05/2015 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 Description Job Purpose: Assisting with production … Find out more…

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Insurance Technical Accountant

Posted on 17/02/2015 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. The primary responsibility of this role is … Find out more…

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Corporate Accountant

Posted on 06/11/2014 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. Our client, a Lloyd’s Syndicate, are looking … Find out more…

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Financial Controller (Projects & SII)

Posted on 06/11/2014 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. Successful P&C insurer looking to recruit an … Find out more…

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FP&A Accountant – c. £65,000 pa

Posted on 06/11/2014 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. Lloyd’s Syndicate looking for an FP&A Accountant to … Find out more…

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Central Cost Accountant – c. £65,000

Posted on 10/09/2014 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. Major Life Insurance Company requires Accountant to … Find out more…

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Regulatory Accountant

Posted on 03/09/2014 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. Hugely successful International Insurer requires a Qualified … Find out more…

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Syndicate Accountant

Posted on 20/08/2014 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. Production of annual and quarterly syndicate regulatory … Find out more…

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Senior Internal Auditor

Posted on 13/08/2014 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. Well regarded London Market insurer is looking … Find out more…

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Regulatory Accountant – c. £80,000 pa

Posted on 25/07/2014 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. Hugely successful International Insurer requires a Qualified … Find out more…

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Senior Technical Accountant – c. £90,000 pa

Posted on 08/07/2014 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. Large International Insurer requires a Qualified accountant … Find out more…

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Head of FP&A – c. £100,000 pa

Posted on 02/07/2014 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. Major London market insurer/reinsurer looking to recruit … Find out more…

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Reinsurance Financial Controller – c. £110,000 pa

Posted on 13/06/2014 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. Hugely successful London based insurance company requires … Find out more…

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Group Accountant – c. £75,000 pa

Posted on 10/06/2014 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. Successful and growing London Market Underwriter requires … Find out more…

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Regulatory Accountant – c. £90,000

Posted on 25/04/2014 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. Major US Insurance Company require an ACCA/ACA/CIMA … Find out more…

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Senior Syndicate Regulatory Accountant – upto £500 per day

Posted on 28/02/2014 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. Extremely Profitable, Large and growing Insurance company … Find out more…

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Management Accountant (FTC) £90,000

Posted on 27/02/2014 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. Accountabilities – To be part of a … Find out more…

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Insurance Technical Accountant – c. £80,000

Posted on 28/01/2014 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. Hugely successful Lloyd’s of London insurance company … Find out more…

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EC formally extends Solvency II deadline ….

Posted on 02/10/2013 by Hatty

EC formally extends Solvency II deadline ‘one last time’ to 2016 2 October 2013 The European Commission (EC) has published a formal blueprint for a 1 January 2016 coming-into-force date … Find out more…

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Accountant – Insurance

Posted on 06/09/2013 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. London Market Insurer requires qualified Accountant experienced … Find out more…

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Reinsurance Reporting Manager

Posted on 29/08/2013 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. Large City based Insurance Company requires Qualified … Find out more…

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Head of Audit – London Market Insurer

Posted on 21/06/2013 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. Excellent opportunity for  a Head of Audit … Find out more…

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Syndicate Financial Controller

Posted on 06/06/2013 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. Global Insurance company require a Qualified Accountant … Find out more…

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