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Bruce Carnegie - 5 Brown - 5 Lloyd's - 2 Carolyn Cohn - 2 Dado Ruvic - 2 Francis Scott Key - 1 CNBC's - 1 — - 1
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Search resuls for: "Bruce Carnegie"


6 mentions found


☆ Baltimore disaster may be the largest-ever marine insurance payout, Lloyd's boss says
  + stars: | 2024-03-28 | by ( Jenni Reid | ) www.cnbc.com   time to read: +1 min
Baltimore City Fire Boat 2 floats past the Dali container vessel after it struck the Francis Scott Key Bridge that collapsed into the Patapsco River in Baltimore, Maryland, U.S., on Tuesday, March 26, 2024. The collapse of a major Baltimore bridge and its knock-on effects could result in the biggest-ever marine insurance payout, the chair of insurance giant Lloyd's of London said on Thursday. I don't at this point anticipate that it's outside our realistic disaster scenario planning. It feels like a a very substantial loss, potentially the largest-ever marine insured loss, but not outside parameters that we plan for." Carnegie-Brown added that, while there would clearly be claims for the ship, cargo and the bridge, it is "second-order impacts" that would become "substantial."
Persons: Francis Scott Key, Bruce Carnegie, Brown, CNBC's Organizations: Fire, Analysts, Carnegie Locations: Baltimore, Dali, Patapsco, Baltimore , Maryland, U.S, London
☆ The Baltimore bridge disaster may lead to the 'largest single marine insurance loss ever,' Lloyd's of London bosses say
  + stars: | 2024-03-28 | by ( George Glover | ) www.businessinsider.com   time to read: +2 min
Read previewThe collapse of Baltimore's Francis Scott Key bridge could lead to the biggest losses in the history of marine insurance, the bosses of Lloyd's of London warned on Thursday. "The tragedy has the capacity to become the largest single marine insurance loss ever," the commercial insurance market's chairman Bruce Carnegie-Brown said in an interview with Reuters. Related stories"I would say it's certainly going to be one of the largest marine losses in history, of that there is little or no doubt," he said. Barclays analysts estimate that the disaster could lead to $3 billion in insurance claims, while Morningstar DBRS put the figure at $4 billion. AdvertisementBoth of those figures would surpass the $1.5 billion losses triggered by the Costa Concordia disaster.
Persons: —, Baltimore's Francis Scott Key, Bruce Carnegie, Brown, John Neal, Neal, Dali, Morningstar DBRS Organizations: Service, Reuters, Business, BBC Radio, Maersk, Barclays Locations: London, Costa Concordia, Italy
☆ Lloyd's of London to invest $65 million following slavery report
  + stars: | 2023-11-08 | by ( Carolyn Cohn | ) www.reuters.com   time to read: +3 min
Signage is seen inside the Lloyd's of London building in the City of London financial district in London, Britain, April 16, 2019. The 335-year old insurance market apologised in 2020 for its role in the 18th and 19th century slave trade. The Lloyd's market is made up of nearly 50,000 people, and Lloyd's wants one in three new hires to come from ethnic minorities. Historians estimate between one and two-thirds of the British marine insurance market was based on the slave trade in the 18th century. The research also showed that Joseph Marryat, Lloyd's of London chairman from 1811 to 1824, had enslaved people, White added.
Persons: Hannah McKay, Lloyd's, We've, Bruce Carnegie, Brown, Alexandre White, Joseph Marryat, White, Garba, Carolyn Cohn, Sinead Cruise, Jan Harvey, Elaine Hardcastle Organizations: REUTERS, London, Black, Johns Hopkins University, Mellon Foundation, Reuters, Central Fund, African Development Bank, Inter, American Development Bank, UN, Equity, of, United Nations, European Union, U.S, Thomson Locations: London, City, Britain, Liverpool, Lloyd’s
☆ Major cyber attack could cost the world $3.5 trillion -Lloyd's of London
  + stars: | 2023-10-18 | by ( ) www.reuters.com   time to read: +2 min
3D printed models of people working on computers and padlock are seen in front of a displayed CYBER ATTACK words and binary code in this picture illustration taken, February 1, 2022. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsLONDON, Oct 18 (Reuters) - A major cyber attack on a financial services payments system could lead to global losses of $3.5 trillion, with much of it not covered by insurance, commercial insurance market Lloyd's of London (SOLYD.UL) said on Wednesday. Cyber insurance saw over $9 billion in gross written premiums in 2022 and is forecast to grow to $13 billion to $25 billion by 2025, Lloyd's said. Over 20% of the world's cyber premium is placed in the Lloyd's market, Lloyd's said. Major cyber insurers Beazley (BEZG.L) and Hiscox (HSX.L) are among more than 50 insurance companies in the Lloyd's market.
Persons: Dado Ruvic, Lloyd's, ”, Bruce Carnegie, Brown, Beazley, Carolyn Cohn, Jonathan Oatis Organizations: REUTERS, Lloyd's, Cambridge Centre, Risk Studies, China, Thomson Locations: London, United, Japan
☆ Santander raises interim cash dividend 39%
  + stars: | 2023-09-26 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMADRID, Sept 26 (Reuters) - Spain's Santander (SAN.MC) said on Tuesday its board had approved an interim cash dividend of 0.081 euros ($0.0856) per share against its 2023 results, up 39% from a year ago. The cash dividend is equivalent to around 25% of the group's attributable profit in the first half of 2023, or 1.31 billion euros, the euro zone's No. In February, Santander raised its dividend pay-out policy to 50% from a previous 40% of the group's profit, equally split into cash dividend payments and share buybacks. The dividend was backed by an attributable profit of 5.24 billion euros in the first half and will be paid on Nov. 2. Terms of the share repurchase plan will be set out before it starts.
Persons: Dado Ruvic, Glenn Hutchins, Hutchins, Bruce Carnegie, Brown, Jesús Aguado, David Latona, Richard Chang Organizations: Santander Bank, REUTERS, Rights, Spain's Santander, Santander, Carnegie, Thomson Locations: Rights MADRID
☆ Eton v Harrow: Why this centuries-old schoolboy match has been the cause of division and debate in England
  + stars: | 2023-05-13 | by ( Issy Ronald | ) edition.cnn.com   time to read: +2 min
The Marylebone Cricket Club (MCC), which owns Lord’s, sought to axe the match from the ground’s schedule before granting it a reprieve after some of its members protested. As a compromise, the MCC announced in March that it would host both the Eton vs. Harrow and Oxford vs. Cambridge fixtures for another five years, before another consultation with members. Schoolboys look on from the grandstand during the Eton vs. Harrow cricket match at Lord's on Friday. Glyn Kirk/AFP/Getty ImagesThe club will also host the finals of the UK’s school and university cricket competitions, rather than only the historic fixtures. They took to the field on Friday and Harrow emerged victorious by just four runs.
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