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Signage is seen inside the Lloyd's of London building in the City of London financial district in London, Britain, April 16, 2019. The answer to that is yes," Neal told Reuters in an interview. "Absent UN intervention and UN clearance, we would not sanction the insurance," Neal said. The Lloyd's market estimated loss, net of reinsurance, from the Ukraine conflict was 1.6 billion pounds ($2 billion), he added. Lloyd's recorded a first-half pre-tax profit of 3.9 billion pounds ($4.9 billion) versus a loss of 1.8 billion pounds in the first half of 2022, helped in part by higher premium rates.
Persons: Hannah McKay, John Neal, Neal, Beazley, Adrian Cox, Cox, Lloyd's, Beazley's Cox, Sinead Cruise, Jan Harvey Organizations: REUTERS, United Nations, NATO, Moscow, Reuters, UN, Aeroflot, Thomson Locations: London, City, Britain, Turkey, Russia, Ukraine, Taiwan, Moscow
Lloyd's of London swings to first-half profit
  + stars: | 2023-09-07 | by ( ) www.reuters.com   time to read: +1 min
The interior of the Lloyd's of London building is seen in the City of London financial district in London, Britain, April 16, 2019. REUTERS/Hannah McKay//File Photo Acquire Licensing RightsLONDON, Sept 7 (Reuters) - Lloyd's of London (SOLYD.UL) swung to a first-half pre-tax profit of 3.9 billion pounds ($4.88 billion), helped by rises in premium rates and positive investment returns, the commercial insurance market said on Thursday. Lloyd's recorded a loss of 1.8 billion pounds for the same period a year ago. The COVID-19 pandemic, Ukraine war, inflation and climate change-fuelled natural catastrophes have helped insurers and reinsurers to raise premiums, improving their profits. Lloyd's saw a net investment return of 1.8 billion pounds, compared with a loss of 3.1 billion pounds a year earlier.
Persons: Hannah McKay, Lloyd's, , John Neal, Carolyn Cohn, Sharon Singleton Organizations: REUTERS, Global, Thomson Locations: London, City, Britain, Ukraine
UNCHARTED WATERS Big Farms and Flawless Fries Are Gulping Water in the Land of 10,000 Lakes When Minnesota farmers cranked up their wells in a drought, they blew through state limits. The location of the White Earth Reservation is also shown, in the upper left portion of the map. Cloud St. Paul Minneapolis Rochester Sandy Soils WHITE EARTH RESERVATION Duluth Irrigation Wells St. Cloud St. Paul Minneapolis Rochester Sandy Soils WHITE EARTH RESERVATION Duluth Irrigation Wells St. “There’s a lot of water in this area.”His farm is awaiting approval for two new state permits for irrigation wells.
Persons: Warren, Mike Tauber, they’ve, , Trevor Milbrett, Warren Warmbold, , Mr, Warmbold, Offutt, Ellen Considine, don’t, Carlos Gonzalez, It’s, farming’s, Robert Glennon, John Nieber, Paul Minneapolis, Nieber, White, Jamie Konopacky, Allan Armstrong, Armstrong, Armstrong’s, Austin Tersteeg, Erskine, Tersteeg Organizations: R.D, Offutt, Minnesota Department of Natural, New York Times, Irrigation, Farmers, state’s Department of Natural Resources, United States Department of Agriculture, Department of Agriculture, Star Tribune, Getty, Park Rapids ., University of Minnesota, Twin, Paul Minneapolis Rochester Sandy, Paul Minneapolis, White, Department of Natural Locations: Lakes, Minnesota, R.D, Warren, Minn, Backus, Eagle Bend, United States, Midwest, Park Rapids, In Minnesota, North Dakota, America, Offutt, Twin Cities, Sandy, Duluth, Wells St, Cloud, Paul, Paul Minneapolis Rochester, Austin, Red Lake County
“Here Lies Love” arrives onto Broadway, though, at a moment of greatly increased visibility, representation and empowered Filipino identity. Sonia Moskowitz/Getty Images“Here Lies Love” is an immersive experience that invites show-goers to the dancefloor, literally, imbuing the proceedings with a fun, nightclub-meets-karaoke vibe. That’s what I remember.”When the Marcoses fled to Hawaii in 1986, having been granted asylum by the United States, Salonga was celebrating her 15th birthday in Manila. The cast of "Here Lies Love" performing onstage. Watching “Here Lies Love” over two decades later, the emotion returned, packing an even stronger punch.
Persons: , Lea Salonga, Kim, Salonga, Tony, , Imelda Marcos, Ferdinand Marcos, Aurora Aquino, Benigno “ Ninoy ” Aquino, Corazon Aquino, Marcoses, Corazon’s, Benigno “ Noynoy, Corazon III, Imelda, Andy Hernandez, Conrad Ricamora, Ninoy Aquino, she’s, , , ’ ”, I’ve, ” Salonga, , “ I’m, Willa Kim, Will Rogers, ” Lea Salonga, Jonathan Pryce, Sonia Moskowitz, Marcos, “ Laban, John Nacion, Jose Llana, ‘ We’ve, I’m, Ferdinand “ Bongbong ” Romualdez Marcos Jr, Ferdinand, Moses Villarama, Apl.de.Ap, H.E.R, Jo Koy, Jose Antonio Vargas, David Byrne —, Fatboy Slim, Moammar Gadhafi, Fidel Castro, Ronald Reagan, Castro, Gadhafi, Billy Bustamante, Matthew Murphy, Evan Zimmerman Organizations: CNN, New York, Broadway, San Francisco Bay Area, Manila International, Getty Locations: United States, Miss, , New, London, American, San Francisco Bay, Philippines, Manila, Mindoro, New York, ‘ Miss, New York City, Hawaii, , Virginia
[1/5] Cattle move throughout a pasture during a heat wave, on rancher David Henderson's ranch property, in Tennessee Colony, Texas, U.S. August 3, 2023. REUTERS/Evan GarciaTENNESSEE COLONY, Texas, Aug 10 (Reuters) - The brown and black cattle of Texas, beloved symbols of the Lone Star state, walk through desiccated grass and stand in shrunken watering holes while their ranchers struggle to get them enough food. Henderson, 62, manages a herd of about 150 cows in Tennessee Colony in East Texas, and said he sold roughly 30 cows in 2022 due to the drought. Texas State Climatologist John Nielsen-Gammon predicts extreme heat spurred by global warming will become the norm. And that, in addition, means that the heat extremes will be that much hotter and that much more severe."
Persons: David Henderson's, Evan Garcia TENNESSEE, David Henderson, Henderson, John Nielsen, Gammon, Nielsen, Jimmy Reed, Reed, Corey Davis, Davis, Evan Garcia, Mary Milliken, Rosalba O'Brien Organizations: REUTERS, Lone Star, Texas Farm Bureau, Texas State, Tennessee Colony, Thomson Locations: Tennessee Colony , Texas, U.S, Texas, Tennessee Colony, East Texas, Tennessee
SYDNEY, Aug 1 (Reuters) - Australia's largest pension fund, AustralianSuper, has appointed senior executives to its London office as part of the rapidly growing fund's push to expand its presence overseas. The A$300 billion ($201.39 billion) fund on Tuesday appointed six executives to investment, risk and corporate affairs roles, including Carl Astorri to Head of Investments, Europe; and John Normand, formerly head of cross-asset strategy at J.P. Morgan, to Head of Investment Strategy. Deputy chief investment officer Damian Moloney, who is based in London, said the office was an "important investment engine" for AustralianSuper. AustralianSuper expects to grow to A$500 billion in member assets within five years and will deploy roughly 70% of its inflows to global markets. The fund plans to triple its global team to 300 within three years, spread across its London and New York offices plus a small contingent in Beijing.
Persons: Carl Astorri, John Normand, Morgan, Damian Moloney, Lewis Jackson, Gerry Doyle Organizations: SYDNEY, Investments, Investment Strategy, Thomson Locations: Europe, London, Australia, New York, Beijing
July 25 (Reuters) - The U.S. semiconductor industry faces a shortfall of roughly 67,000 workers by 2030, according to an industry association study published on Tuesday. The chip industry's workforce is projected to grow to 460,000 by the end of the decade, up from roughly 345,000 this year. The law also created a 25% investment tax credit for building new chip factories, or fabs, that is worth $24 billion. Roughly half of the future chip industry jobs will be engineers. The shortage of skilled chip workers is part of a larger shortfall of science, technology, engineering and math graduates in the U.S., according to the report.
Persons: John Neuffer, Max A, Christian Schmollinger Organizations: Semiconductor Industry Association, SIA, Oxford Economics, Commerce Department, Intel Corp, Taiwan Semiconductor Manufacturing Co, Samsung Electronics Co, Thomson Locations: U.S, KS, San Francisco
The study — by Opportunity Insights, a group of economists based at Harvard who study inequality — quantifies for the first time the extent to which being very rich is its own qualification in selective college admissions. The result is the clearest picture yet of how America’s elite colleges perpetuate the intergenerational transfer of wealth and opportunity. Less than 1 percent of American college students attend the 12 elite colleges. For the several elite colleges that also shared internal admissions data, they could see other aspects of students’ applications between 2001 and 2015, including how admissions offices rated them. Share of admitted students who were recruited athletes at selected elite colleges Recruited athletes at elite colleges were much more likely to come from the highest-earning households.
Persons: , Susan Dynarski, Raj Chetty, John N . Friedman of Brown, David J . Deming, Christopher L, , Neil Gorsuch, didn’t, Ivy, Dynarski, Pell, You’re, Michael Bastedo, Bastedo, John Morganelli, don’t, It’s, you’re, Jana Barnello, Stuart Schmill, “ It’s Organizations: Elite College, Ivy League, Opportunity, Harvard, Stanford, Duke, University of Chicago, Harvard Graduate School of Education, Princeton, Notre Dame, Public, University of Texas, University of Virginia, Fortune, University of Michigan, New York Times, Dartmouth, University of Michigan’s School of Education, Cornell, College Board, Brown, University of California Locations: M.I.T, America, Northwestern, N.Y.U, Austin, United States, California, U.C.L.A
Extreme heatwaves to continue through August, WMO adviser says
  + stars: | 2023-07-21 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Remo Casilli/file photoGENEVA, July 21 (Reuters) - Heatwaves are expected to persist in a large part of the world throughout August, an adviser on extreme heat said on Friday, following on from record temperatures in recent weeks. "We should expect or at least plan for these extreme heatwaves to continue through August," Senior Extreme Heat Advisor for the WMO John Nairn told Reuters. Extreme weather has also disrupted the lives of millions of Americans, with dangerous heat stretching from Southern California to the Deep South. Nairn said climate change meant heatwaves would become more frequent and be spread across the seasons. "We're on trend in seeing a rise in global temperatures that will contribute to heatwaves increasing in intensity and frequency," Nairn said.
Persons: Trevi, Remo Casilli, WMO John Nairn, Nairn, We've, Cécile Mantovani, Gabrielle Tétrault, Farber, Barbara Lewis Organizations: REUTERS, World Meteorological Organization, WMO, Reuters, European, Thomson Locations: Italy, Rome, GENEVA, North America, Asia, North Africa, Southern Europe, Southern California, East, Nairn
Stan Smith’s 1972 Wimbledon cup sits alongside his 1971 United States Open winner’s prize in a trophy case inside his Hilton Head Island, S.C., home. “Once you’ve won it you always want to win it again.”But in 1973, Smith decided not to play. Instead, he and 80 other players voted to boycott the tournament just before the first matches in support of the player Nikola Pilic. It was when its members banded together, flexed their muscles and walked out on the most prestigious tournament in tennis, with ramifications that are still being felt today. Among them: greater communication between the players and the tournaments, and wider distribution of prize money at all levels of the pro game.
Persons: Stan Smith’s, Smith, , , John Newcombe, Ilie Nastase, you’ve, Nikola Pilic, Pilic, Billie Jean King Organizations: United, Wimbledon, International Lawn Tennis Federation, Davis, Women’s Tennis Association, Association of Tennis Professionals Locations: Yugoslavia
Texas heat is not letting up at night
  + stars: | 2023-06-29 | by ( Evan Bush | ) www.cnbc.com   time to read: +3 min
The heat wave in Texas has offered little reprieve. Heat at night disrupts sleep and prevents the body from recovering and cooling down, making minimum temperatures a critical indicator of a heat wave's severity, experts said. Texas State Climatologist John Nielsen-Gammon said temperatures during this heat wave in the state have threatened records at both ends of the spectrum — including maximums and minimums — in its urban centers. Ebi said the high nighttime temperatures and the prolonged nature of the Texas heat wave are particularly concerning. "A very small percentage of death certificates during a heat wave put down, 'heat' as an underlying cause," Ebi, who studies heat deaths, adding that about half of excess deaths, on average, are from cardiovascular diseases.
Persons: Del, Ben Zaitchik, John Nielsen, Gammon, We've, Kristie, Ebi, Everything's, Nielsen, We're Organizations: National Weather Service, Johns Hopkins University, Nielsen, Center for Health, Global, University of Washington Locations: Texas, Del Rio, San Antonio, Houston, Midland, San Angelo
The poll found that 74% of Black Americans favor reparations compared to just 26% of white Americans. A divided America Views on whether the U.S. government should provide some form of reparations for slavery and its legacy are split along party and racial lines. They also say it’s wrong to have taxpayers finance reparations, given that no one alive today is responsible for slavery. In April 2021, Gohmert went on the attack by proposing an amendment calling for the Democratic Party to pay for reparations. In the slavery era, the Democratic Party supported slavery; the Republican Party, led by Abraham Lincoln, called for slavery’s restriction and eventually abolished it.
Persons: , Elizabeth Warren, Chris Van Hollen, Lloyd Doggett, Tommy Tuberville, John N, Kennedy, Louie Gohmert, , Black, Robert Lindsay, Gohmert, Abraham Lincoln, Lindsay, Valentine, ” Tuberville, , Tuberville, Valentine Brazil, Nathan Calhoun, ” Kennedy, Nathan Calhoun’s, Dabney P, Calhoun, John Crawford, ’ Warren, Warren, – Crawford, Crawford, ” Warren, Isaac Hollingsworth, , Van Hollen, ” Van Hollen, Miller Doggett, Doggett, ” Doggett, Jim Crow, Tom Bergin, Makini Brice, Nicholas P, Brown, Donna Bryson, Lawrence Delevingne, Brad Heath, Andrea Januta, Gui Qing Koh, Tom Lasseter, Grant Smith, Maurice Tamman, Catherine Tai Design, John Emerson, Jeremy Schultz, Blake Morrison Organizations: Black, Reuters, , 117th, U.S ., Louie Gohmert Former U.S, Representative, Republican, Democratic Party, Republican Party, Vigilance, Kennedy U.S, Massachusetts Democrat, Senate, Chris Van Hollen U.S, Maryland, Lloyd Doggett U.S, H.R, Texas Democrat Locations: United States, America, U.S . Civil, Louie Gohmert Former, Texas, Europe, Bowie County , Texas, Boston, Bowie County, Alabama, Valentine Brazil, Nevada, Tuberville, Saline County , Arkansas, Brazil, Ouachita, Louisiana, Abbeville , South Carolina, Massachusetts, Dorchester County , Maryland, Maryland, Virginia, Tennessee
CNN —Spotify executive and popular podcaster Bill Simmons has hit out at Prince Harry and Meghan, Duchess of Sussex, labeling them “grifters,” after their multi-year partnership with Spotify ended on Friday. “I wish I had been involved in the ‘Meghan and Harry leave Spotify’ negotiation,” Simmons said on his self-titled podcast Friday. I have got to get drunk one night and tell the story of the Zoom I had with Harry to try and help him with a podcast idea. John Nacion Imaging/ShutterstockCNN has reached out to both Archewell and Spotify for comment on Simmons’ remarks. Simmons previously criticized Harry in a January 2023 episode of his podcast, saying that he was “so embarrassed” to share Spotify with him.
Persons: Bill Simmons, Prince Harry, Meghan, Duchess of, , Harry, ” Simmons, , , Serena Williams, Mariah Carey, Paris Hilton, Trevor Noah, Archewell, John Nacion, Simmons ’, Simmons, Montecito, Forbes Organizations: CNN, Spotify, Archewell, John, John Nacion Imaging, Simmons, CNN’s Royal Locations: Duchess of Sussex,
Green alliance crisis is more than just a US drama
  + stars: | 2023-06-19 | by ( Pamela Barbaglia | ) www.reuters.com   time to read: +4 min
Back in March the Net-Zero Insurance Alliance (NZIA) boasted 30 members, representing about 15% of global premium volume. Now the NZIA, a key financial forum for insurers to set decarbonisation targets and a part of the Glasgow Financial Alliance for Net Zero (GFANZ), has shrunk to just 13 companies. Even those who choose to stay in the NZIA risk losing business due to state politicians pursuing a “war on woke”. NZIA, part of the Glasgow Financial Alliance for Net Zero set up by U.N. climate envoy Mark Carney, requires members to commit to reducing their greenhouse gas emissions. In rapid succession Japanese insurers Sompo Holdings, MS&AD and Tokio Marine as well as Australia’s QBE Insurance quit the net-zero alliance in late May.
Persons: Beneva, Mark Carney, French reinsurer Scor, Lloyd’s, John Neal, George Hay, Oliver Taslic Organizations: Reuters, Global, United Nations, Zero Insurance, Glasgow Financial Alliance, Zero Banking Alliance, Alliance, European Union, Reuters Graphics Reuters, , Zurich Insurance, Munich Re, Hannover Re, Allianz, Axa, French, Sompo Holdings, Tokio Marine, QBE Insurance, Thomson Locations: United, United States, Germany, NZIA, Munich, Tokio, London
WASHINGTON — Federal Trade Commission Chair Lina Khan refused to recuse herself from the agency's case against Meta Platforms against the advisement of top agency officials, according to internal FTC documents published by Bloomberg News. Pankey added that Khan's decision to adjudicate the case "is not per se a federal ethics violation." The FTC defended Khan's involvement in the case, and the agency's Democratic majority approved her decision over the objections of former Republican commissioner Christine Wilson, Bloomberg reported. Khan's perceived opposition to Meta acquisitions spurred the company's request to disqualify her participation in the case. FTC Bureau of Competition Deputy Director John Newman accused Meta of "trying to buy its way to the top" through an "illegal acquisition."
Persons: Lina Khan, Khan, Pankey, Christine Wilson, Wilson, Khan's, John Newman, Meta Organizations: Energy, Securities and Exchange Commission, WASHINGTON, WASHINGTON — Federal Trade, Meta, Bloomberg News, Facebook, FTC, CNBC, Democratic, Bloomberg, Competition Locations: Rayburn, WASHINGTON —
Ruto has also faced criticism for increasing allocations to his office and the deputy president's while cutting petrol subsidies. The proposals, contained in a draft law known as the finance bill, will be considered by parliament alongside the 2023-24 budget to be presented by the finance minister on Thursday. The president and his allies have defended the tax hikes, saying East Africa's economic powerhouse needs more revenue to avert a debt crisis and fund affordable housing projects. One man in Githunguri, who declined to give his name, defended the finance bill, saying Ruto was simply trying to leave his mark by constructing affordable housing. Fruit vendor John Nyaga, another Ruto voter, complained that the tax hikes would leave his customers with even less money to spend.
Persons: William Ruto, Ruto, Jacqueline Wambui, Ruto's, Uhuru Kenyatta, Raila Odinga, John Nyaga, Duncan Miriri, Aaron Ross, Ed Osmond Organizations: REUTERS, Ruto, Thomson Locations: Kiambu County, Kenya, GITHUNGURI, Nairobi, Ukraine, Githunguri
This reflects history, which shows that while being vice president often correlates with success in future presidential ambitions, it is far from a guarantee. Think about recent vice presidents who have tried to upgrade their positions. That doesn’t seem like a particularly high success rate, though we should remember that many vice presidents (like Cheney) don’t run. About 55% of vice presidents who ran for their party’s nomination became the head of their party’s ticket. The last time it happened was 1940, when President Franklin Roosevelt crushed his vice president, John Nance Garner.
Persons: Joe Biden, Barack Obama’s, Mike Pence, Biden, Dick Cheney, Democrat Al Gore, Dan Quayle, Richard Nixon, Kamala Harris, Cheney, don’t, Pence, Donald Trump, Trump, White, Franklin Roosevelt, John Nance Garner, Quayle, George W, Bush, George H.W, George H.W . Bush, Obama, Trump’s, , Biden didn’t Organizations: CNN, Democrat, Biden, GOP, House, Republican, Quinnipiac University, Trump, Fox Locations: George H.W .
Developments in cancer research will be in the spotlight as the American Society of Clinical Oncology hosts the world's biggest cancer research conference in Chicago, starting Thursday. The pair has already has won regulatory approval for Enhertu for metastatic HER2-low breast cancer, but the companies are also studying its use in a variety other HER2 tumors in breast cancers. Lilly's drug, Verzenio, is used in high-risk patients with HR-positive HER2-negative breast cancer that is more likely to reoccur and has already breached the patient's lymph nodes. In a research note earlier this month, Guggenheim analyst Seamus Fernandez said Kisqali is already taking market share from Pfizer's Ibrance in metastatic breast cancer. Merck's Keytruda is also being watched for what benefits it could offer early-stage lung cancer patients .
Owen Davidson, an Australian tennis player who formed a dominant mixed doubles team with Billie Jean King in the 1960s and ’70s, winning eight Grand Slam titles with her, along with five doubles titles with other partners, died on Friday in Conroe, Texas, a suburb of Houston. Davidson came of age during a heyday for Australian tennis, with peers like Rod Laver, Ken Rosewall, Roy Emerson, John Newcombe and Margaret Court. Unlike those players, Davidson did not have significant success in singles tennis, never advancing beyond the semifinals of a Grand Slam tournament. From 1965 to 1974, he won 11 major mixed doubles titles and two men’s doubles titles. In 1967, he swept every major mixed doubles event, winning the Australian Open with his countrywoman Lesley Turner Bowrey and then winning the French Open, Wimbledon and the U.S. Open with King.
The two coffee species that most of us drink — Arabica and robusta — are at grave risk in the era of climate change. Farmers in one of Africa’s biggest coffee exporting countries are growing a whole other coffee species that better withstands the heat, drought and disease supersized by global warming. This year, they’re trying to sell it to the world under its own true name: Liberica excelsa. “Even if there’s too much heat, it does fine,” said Golooba John, a coffee farmer near the town of Zirobwe in central Uganda. For the past several years, as his robusta trees have succumbed to pests and disease, he has replaced them with Liberica trees.
The tense back and forth inside Breitbart reflects a growing tension inside the right-wing media universe writ large — one that could have consequences for national politics. Ahead of the 2024 Republican primary contest, battle lines are starting to be drawn. It’s reminicent of what took place in right-wing media during the 2016 GOP primary season. But the manner in which the biggest mouthpieces in right-wing media cover the looming primary is highly consequential, and could ultimately decide who gets the party’s blessing. Republican primary voters primarily get their news from partisan outlets, such as Breitbart and Fox News, while shunning news from mainstream outlets.
WASHINGTON, April 19 (Reuters) - British pop star Elton John urged U.S. senators on Wednesday not to ease up on the fight against HIV and AIDS, as Congress faces a September deadline for reauthorizing the multi-billion-dollar U.S. program to fight the disease. Congress must reauthorize PEPFAR for another five years before Sept. 30. REUTERS/Anna GordonA set amount has not been set for the reauthorization, but Congress typically has approved $6.5 billion to $6.9 billion for PEPFAR each year. Global AIDS Coordinator John Nkengasong told the committee PEPFAR has saved 25 million lives and created health networks that have helped fight outbreaks of Ebola and the COVID-19 pandemic. "I urge my colleagues to join me in working to reauthorize PEPFAR without delay and without new mandates and directives," said Senator Jim Risch, the panel's top Republican.
John Nichols moved to Huntington, West Virginia, in 2021 after growing tired of Chicago. Katie thought that living in West Virginia would be nice because the weather was much warmer than it was in Chicago. In West Virginia, there's no traffic and everyone is friendly — I haven't heard a horn honk since I moved to the state. The Nichols' house in Huntington, West Virginia. I think aspects like these are making West Virginia more popular, especially for people who have had enough of big city life.
Lloyd's of London swings to 2022 pre-tax loss
  + stars: | 2023-03-23 | by ( ) www.reuters.com   time to read: 1 min
FRANKFURT, March 23 (Reuters) - Lloyd's of London (SOLYD.UL) swung to a pre-tax loss in 2022 and took writedowns on its fixed-income investments, it said on Thursday. The pre-tax loss was 800 million pounds ($982.56 million), compared with a profit of 2.3 billion pounds a year earlier. Rising interest rates have hit investments at many financial firms, and it posted a net investment loss of 3.1 billion pounds, compared with a 900 million pound profit in 2021. However, Lloyd's underwriting profit jumped 53% to 2.6 billion pounds. John Neal, CEO of Lloyd's, forecast 2023 premiums of 56 billion pounds, up from 46.7 billion in 2022, according to a statement.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe'll have to live with inflation for a sustained period of time: Lloyd's of London CEOJohn Neal, chief executive officer of Lloyd's of London, discusses the outlook for the insurance industry in the face of climate change and economic pressures.
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