Lloyds
Lloyd’s of London plans overhaul of ‘unclear’ conduct rules
Lloyd’s of London said on Thursday (Sep 12) it plans to overhaul its rules on dealing with poor conduct in the commercial insurance market as its current processes for...
Commercial insurance prices may not yet be coming down, Lloyd’s chairman says
COMMERCIAL insurance premiums may not yet be turning lower despite years of increases, Lloyd’s of London chairman Bruce Carnegie-Brown told Reuters, as the market reported a 26 per cent...
Lloyd’s of London reports 26% jump in H1 profit
The market’s “superb” results reflected “a combination of disciplined underwriting, smart organic growth and real strength in the Lloyd’s balance sheet”Commercial insurance market Lloyd’s of London on Thursday (Sep...
Lloyds CEO expects £300 million UK business banking revenue boost
LLOYDS Banking Group is set to make an extra £300 million (S$515.2 million) a year in revenue by 2026 from its business banking unit, CEO Charlie Nunn said on...
Lloyds to move thousands back into refurbished City of London HQ
LLOYDS Banking Group is moving thousands of staffers back into a refurbished building in the heart of the City of London as the lender looks to reduce its office...
Activists disrupt Lloyds Bank shareholder meeting
Activists disrupted Lloyds Banking Group’s annual shareholder meeting in Glasgow on Thursday (May 16), protesting against its alleged provision of financial services to defence firms linked to violence in...
Lloyds bank says quarterly profits sink on higher costs
BRITAIN’S Lloyds Banking Group said on Wednesday (Apr 24) that net profit sank by almost a third in the first quarter of this year, hit partly by a significant...
Insurer Lloyd’s of London swings to US$13.5 billion profit in 2023
LLOYD’S of London swung to a pre-tax profit of US$13.51 billion in 2023, the commercial insurance market said on Thursday (Mar 28), boosted by strong underwriting and investment performance.The...