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.

Latest stories from i100
SPONSORED FEATURES
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Refugee crisis: David Cameron lowered the flag for the dead king of Saudi Arabia - will he do the same honour for little Aylan Kurdi?

Cameron lowered the flag for the dead king of Saudi Arabia...

But will he do the same honour for little Aylan Kurdi, asks Robert Fisk
Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Humanity must be at the heart of politics, says Jeremy Corbyn
Joe Biden's 'tease tour': Could the US Vice-President be testing the water for a presidential run?

Joe Biden's 'tease tour'

Could the US Vice-President be testing the water for a presidential run?
Britain's 24-hour culture: With the 'leisured society' a distant dream we're working longer and less regular hours than ever

Britain's 24-hour culture

With the 'leisured society' a distant dream we're working longer and less regular hours than ever
Diplomacy board game: Treachery is the way to win - which makes it just like the real thing

The addictive nature of Diplomacy

Bullying, betrayal, aggression – it may be just a board game, but the family that plays Diplomacy may never look at each other in the same way again
Lady Chatterley's Lover: Racy underwear for fans of DH Lawrence's equally racy tome

Fashion: Ooh, Lady Chatterley!

Take inspiration from DH Lawrence's racy tome with equally racy underwear
8 best children's clocks

Tick-tock: 8 best children's clocks

Whether you’re teaching them to tell the time or putting the finishing touches to a nursery, there’s a ticker for that
Charlie Austin: Queens Park Rangers striker says ‘If the move is not right, I’m not going’

Charlie Austin: ‘If the move is not right, I’m not going’

After hitting 18 goals in the Premier League last season, the QPR striker was the great non-deal of transfer deadline day. But he says he'd preferred another shot at promotion
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

The Arab Spring reversed

Tunisian protesters fear that a new law will whitewash corrupt businessmen and officials, but they are finding that the new regime is becoming as intolerant of dissent as its predecessor
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Who is Oliver Bonas and how has he captured middle-class hearts?

Who is Oliver Bonas?

It's the first high-street store to pay its staff the living wage, and it saw out the recession in style
Earth has 'lost more than half its trees' since humans first started cutting them down

Axe-wielding Man fells half the world’s trees – leaving us just 422 each

However, the number of trees may be eight times higher than previously thought
60 years of Scalextric: Model cars are now stuffed with as much tech as real ones

60 years of Scalextric

Model cars are now stuffed with as much tech as real ones