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The regulator’s strategy and competition director puts executives on notice ahead of the roll-out of the tough new SM&CR conduct and governance regime.
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Be warned brokers, if you’re not already electronically placing business in London, you’ll have to be by next summer – or face having your Lloyd’s licence taken away.
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What makes a good (re)insurance counterparty?
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The Corporation appoints regional directors for Asia Pacific, the Americas and Emea.
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If you are reading this from the UK or Europe, it is likely that your political attention the last few weeks has homed-in on certain rumblings in that peculiar part of central London where reality recently seems to have become a relative concept.
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KPMG will help the London Market Group produce a report in Spring 2019.
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Central fund contributions will remain stable as a proportion of gross written premiums.
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The Thierry Derez-led mutual declines to renew a portion of a $1.8bn-limit property catastrophe excess of loss treaty via Lloyd’s Brussels.
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And so, the Lloyd’s market can finally draw a line under what has been a gruelling few months of performance review and forward planning.
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The target seeks to address a low level of electronic placement use at the very start of the process.
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Often, when I discuss the industry that I work in with friends who have limited exposure to insurance, I receive one of two responses.
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The exit comes ahead of Lloyd’s closure of Special Purpose Arrangement 6129.