Operations/tech

Ahead of a market message on 2023 business plans, Lloyd’s has set out early expectations on inflation, ESG and management of cat volatility.

A second setback to the delivery of PPL’s Next Gen’s platform has triggered questions among firms about confidence in any new timeline.

Hansen’s appointment is in support of the company’s decision to separate the roles of chairman of the board and CEO.

London market businesses must increase supply if they can’t keep up with demand for talent.

“We like where we are positioned right now in terms of the performance of some of that strategic hiring,” Glaser told analysts.

Berkshire’s board opposed the proposal and recommended that the shareholders vote against it.

The FCA has proposed performance-related pay and new salary ranges.

The two companies have collaborated on the submission of a purely data-driven contract that complies with the core data record.

The US firm is looking at expanding across Australia, Canada and the UK after securing new investment.

Lloyd’s annual report shows a rise in fees paid to consultants and overall staff costs.

The plan outlines an aggressive M&A strategy, as well as increased InsurTech investment, expansion plans and a target to lift earnings by more than 14% annually until 2024.

The investment firm said that pivoting to a pure-play insurance data business would unlock up to $20bn of value.