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Lloyd's announces decision to create single governing body
Lloyd’s announced its decision to merge the Council and the Franchise Board (the “Board”) effective from 1 June 2020, after receiving widespread support from across the market.This announcement follows five…
Standard Life Aberdeen and Lloyds settle dispute over £104bn contract
Lloyds Banking Group has reached a settlement with Standard Life Aberdeen (SLA) over a £104bn (€116.5bn) fund management contract after the bank attempted to sack the asset manager last year.…
AIG's Talbot to shut Australian and Lloyd’s China offices
Talbot Underwriting, a subsidiary of American International Group (previously Validus Holdings), is closing its Australian office and Lloyd’s China division, in a move the company hopes will bring "enhanced value"…
Lloyds Banking Group commits to training 2500 colleagues by 2021 to help tackle mental health
- Lloyds Banking Group launch new programme to train 2500 colleagues as mental health ‘Advocates’ by 2021 - The role of an Advocate will be to drive cultural change and…
AmTrust at Lloyd's and Canopius sign merger agreement
Specialty re/insurer Canopius has signed a definitive agreement to merge its Lloyd’s business with AmTrust at Lloyd’s, a division of AmTrust Financial.From 1 January 2020, Canopius will merge its Syndicate…
Lloyd's broker Matrix strikes strategic partnership with Howden
Matrix, an insurance and reinsurance broker at Lloyd's, has entered into a strategic partnership with Howden Broking Group, following the completion of its acquisition of Greece-based Piraeus Insurance Brokers. José…
Lloyds Banking Group announces further £1 million in grants to support Credit Unions
Lloyds Banking Group has today announced additional funding to support the UK’s credit union sector. The Group is awarding a further £1 million in grants to 23credit unions through the…
Former Lloyd's of London chairman David Rowland passes away
David Rowland, chairman of the Lloyd's of London between 1993 and 1997, has passed away, Lloyd's said in a statement. He was 85. Rowland is credited with playing a critical…
Lloyd’s appoints Allianz's Burkhard Keese as new chief financial officer
Lloyd’s of London, the specialist insurance and reinsurance market, has appointed Allianz's Burkhard Keese has new chief financial officer (CFO), succeeding John Parry. Parry announced his departure in May last…
Lloyd's appoints former US Senator John Sununu to council
Specialist insurance and reinsurance market Lloyd's has appointed former United States Senator John Sununu as a new member of its Council for a three-year term, beginning Feb 6, 2019. Sununu's…
