Posts Tagged ‘Lloyd’s of London’
Lloyd’s of London Eyes New Markets
Tuesday, February 9, 2010 10:09 No CommentsAccording to the 2010-2012 strategic review of Lloyd’s, it is identified that ‘International competition, higher tax rates and increasing City regulation have put London’s position as a global financial centre at risk.’ It appealed to the insurer to be alert to be burdened with inappropriate and potentially harmful regulation which is primarily set for the [...]
Insurance Giant in Profit Slump
Wednesday, March 25, 2009 14:52 No CommentsThe world’s biggest insurance market—Lloyd’s of London, which is made up of 75 underwriting syndicates to insure a wide range of items and businesses, has seen its profits fall sharply amid high claims.
Amidst the unprecedented slump in the world economy, the firm saw its pre-tax profits slide to £1.89bn for the year, from £3.84bn for [...]
