Geopolitical conflict could cost global economy $14.5t over 5 years – Lloyd’s
The global economy could be exposed to $14.5 trillion worth of losses over a five-year period from a hypothetical…
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Lloyd’s
UK banks can be wound down without public funds – BoE
The Bank of England (BoE) announced on Tuesday that Britain's top eight banks, including HSBC, Barclays, Lloyds,…
European shares rise as investors await bank earnings reports
European shares saw a slight increase on Monday, with the STOXX 600 index rising by 0.2 per cent by 0828 GMT,…
European banks face interest rate test in earnings reports
Investors are eagerly awaiting the first quarter earnings reports from major European banks, starting with…
Egypt has $2.8 billion insurance gap – Lloyd’s
Egypt has an insurance gap of $2.8 billion, marking a 1.2 percent of GDP, according to Lloyd’s latest…
‘Insurance gap’ threatens disaster-prone developing nations: Lloyd’s
Disaster-vulnerable developing nations, including Bangladesh and Indonesia, are exposed to crippling losses when…
French AXA expands property and casualty business in Africa with Lloyd’s
France's AXA unveiled a joint venture in Africa with Lloyd's of London insurer Chaucer, seeking to enter the…
Misr Insurance starts talks for 2016 reinsurance agreements
Egypt-based Misr Insurance Company has started negotiations to renew its reinsurance agreements for the year 2016…
TSB agrees £1.7bn Takeover by Spain’s Sabadell
TSB - the bank formerly owned by Lloyds - has agreed to a £1.7bn takeover by Spanish bank Sabadell. The takeover of…
Two Major Banks Plan London Move If Scotland Votes to Break up UK
Two major British banks, part-owned by the British government, said they would relocate to London if Scotland votes…
