A new report from Lloyd’s notes that the “the world has been battered by natural catastrophes in recent years, revealing a serious gap between the economic cost of natural catastrophes and the levels of insured risk.” Recently published research, Lloyd’s …
Following Lloyd’s release of its composite results for the first six months of 2012 – a £1.53 billion [$2.4 billion] profit – Lloyd’s chief executive Richard Ward was understandably pleased. In a telephone interview he explained that the figures are …
At first glance that statement may seem a little strange, considering that Lloyd’s reported an overall loss for the year of £516 million ($822 million). But considering that overall insured losses for the year from natural catastrophes were between $107 …
Agents in Louisiana should be aware of a potential insurance scam related to habitation risks, according to the state’s top insurance regulator. Louisiana Commissioner of Insurance Jim Donelon issued an alert to all licensed insurance producers, warning them of an …
Losing customers and struggling to find talented workers are the top two risks facing business leaders across the world, according to a new report published by Lloyd’s. The report, based on a global survey of 500 business leaders, was carried …
California-based insurance brokerage Barney & Barney LLC has expanded its Compensation Consulting practice with the addition of compensation experts Matt Ward and Annette Winn. Ward and Winn were most recently with the compensation market intelligence firm Radford, an Aon Hewitt …
Lloyd’s of London announced an overall profit of £2.195 billion ($3.522 billion) for 2010, a significant decrease from the record £3.868 billion (more than $6.2 billion) it recorded in 2009. The earnings report also noted that Lloyd’s combined ratio for …
A bulletin on the Lloyd’s web site notes that CEO Richard Ward “met with representatives from the China Insurance Regulatory Commission (CIRC) in Beijing last week, including the commission’s Vice Chairman Zhou Yanli, as part of Lloyd’s continued preparation for …
