Lloyd’s CEO Inga Beale News

Lloyd’s CEO Expects Cyber Insurance Surge

Lloyd’s of London Chief Executive Officer Inga Beale expects the market for cyber insurance to surge after hackers attacked some of the largest companies in the U.S., including JPMorgan Chase & Co. and Home Depot Inc. Beale, who took over …

Lloyd’s Posts First-Half Profits of $2.72 Billion

Lloyd’s reported a profit of £1.67 billion {$2.7218 billion] for the first six months of 2014, marking a 21 percent increase on the corresponding period last year. The announcement said that “while these results show an improvement over the equivalent …

Savage to Leave; Lloyd’s Announces Changes in Finance, Operations

Luke Savage, who has been Lloyd’s Director of Finance and Operations for ten years, will be stepping down from Lloyd’s later this summer, to become Chief Financial Officer of Standard Life. In connection with his departure Lloyd’s said it would …

Lloyd’s Profits for 2013 Near $5.3 Billion

Lloyd’s announced a profit of £3.2 billion [$5.2894 billion] for 2013, compared to a profit of £2.8 billion [$4.628 billion] in 2012. Gross written premium income increased to £26.1 billion [$43.14 billion]. Lloyd’s also noted that its capital position further …