News

Lloyd's of London insurance has appointed its first ever female chief executive in its 325-year history, succeeding Richard Ward.

Lloyds Bank fined record £28m by FCA over toxic ‘sell or be demoted’ scheme

Sales staff under pressure to hit targets for bonuses or risk being demoted

The Business Matrix: Wednesday 11 December 2013

End of the road for VW Kombi vans

Brokers and underwriters line the balconies and escalators of the Lloyd's of London building in central London

Armistice Day 2013: Britons at home and abroad pay tribute

Estimated 4,000 people were in Trafalgar Square to observe the silence

Jim Armitage: Disaster warning for insurance market has a familiar ring about it

Outlook Who could ever imagine a repeat of the conditions behind the banking crisis? Surely we will never forget them: a wall of money seeking a home, low interest rates driving investors to ever more complicated assets in search of returns, a resulting downward pressure on prices as investors compete to buy without properly assessing the risk. And finally, disaster: losses on an unforseen scale.

Kyle Edmund shows off his winner’s plate at Roland Garros

Kyle Edmund heads for Queen's fresh from Roland Garros glory

A previously forgettable French Open for Britain ended in hope for the future. In the absence of the injured Andy Murray there were no victories for Britons in either the men's or women's singles competitions, but Kyle Edmund left Roland Garros on Saturday night as the first British champion there for 31 years.

Prettejohn to join the PRA's board

Insurance executive Nick Prettejohn has been appointed to the board of the Prudential Regulation Authority.

The Business Matrix: Saturday 20 April 2013

Levi's wins 'red tab' trademark case

Next man takes hot seat at easyJet

EasyJet has drafted in Next's John Barton to replace Sir Mike Rake as chairman at the budget airline in a move that should soothe the board's relations with founder Sir Stelios Haji-Ioannou. Sir Stelios repeatedly clashed with Sir Mike over aircraft orders and executive pay.

Lloyd's back in black but complains about European red tape

Richard Ward, the chief executive of Lloyd's of London, vented his frustration at the billions that insurers have spent complying with European red tape yesterday.

Anthony Hilton: Banks need their Hiscox, the man who salvaged the reputation of Lloyd's

Walking into the Savoy Ballroom on Wednesday for a dinner to mark Robert Hiscox's move from chairman to honorary president of the firm which bears his name, the man concerned delivered a typically robust greeting: "You are the only journalist here and you are not to write about it."

JLT chief hails the City's success

Forget bashing bankers – we should be heralding the success of London's insurance industry, the boss of Jardine Lloyd Thompson has said.

The Business Matrix: Saturday 9 February 2013

Boss reports 8% rise in earnings

The Business Matrix: Friday 8 February 2013

Battery rethink for Dreamliner

UK companies facing a $300m bill from Superstorm Sandy

Britain's insurance industry has been handed a bill for more than $300m (£185m) for losses caused by Superstorm Sandy at the end of October.

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