Tag Archives: market news

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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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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