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22.07.26 - 12:48
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Lloyd′s of London says ex-boss broke compliance rules with ′close relationship′ (The Guardian)
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John Neal failed to disclose relationship with female colleague that risked triggering conflict of interest concernsLloyd's of London has ruled that its former boss John Neal breached compliance rules by failing to disclose a “close relationship” with a female colleague that risked triggering conflict of interest concerns at the insurance market.An investigation by the Council of Lloyd's, which is responsible for the market's management and supervision, said it could not find any “conclusive evidence” Neal was romantically involved with the company's then corporate affairs director, nor that there were any process failures relating to her promotion during Neal's tenure. Continue reading......
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22.07.26 - 10:06
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Mitigram Acquires eexpand to Strengthen Trade Finance Capabilities for Financial Institutions and SMEs (Cision)
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STOCKHOLM, 22 July 2026 - Mitigram, a global platform for digital trade finance, today announced the acquisition of Export Enterprises SA – which operates eexpand – a trade intelligence platform supporting banks, corporates and trade organizations in international trade.
Founded in 1989 and headquartered in Paris, France, eexpand serves more than 50 financial institutions including Lloyds Bank, Santander, Bank of China and Royal Bank of Canada, and supports a global network of over 700,000 registered businesses.
The acquisition builds on an established relationship between the two...
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13.07.26 - 10:21
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L′ORÉAL CEO NICOLAS HIERONIMUS AND LOUIS THEROUX HEADLINE UNLEASH IN PARIS AS 8,500 HR LEADERS FROM 140 COUNTRIES CONVENE TO REINVENT WORK (PR Newswire)
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The chief people officers of SAP, The Kroger Co, bp, adidas, Lloyds Banking Group, Sony Music, AXA, Accor, Orange and more — leaders responsible for over 100 million employees — fill the Paris Convention Centre, 20–22 October 2026, before UNLEASH expands into the venue's largest hall in......
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10.07.26 - 07:30
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Reeves to launch City ′skills compact′ committing firms to retrain staff in AI (The Guardian)
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Exclusive: Plan to improve skills of thousands of financial sector workers to keep pace with tech revolutionChancellor Rachel Reeves is to announce a new City “skills compact” that will commit firms such as Barclays and Lloyds to retraining thousands of financial sector workers for the AI revolution.The financial services skills compact will be launched on Tuesday, during what is likely to be Reeves's final Mansion House speech to City bosses before Andy Burnham's expected takeover of No 10. The government-backed initiative will commit employers to improving workers' skills and helping them “keep pace” with significant technological changes that have prompted fears of mass redundancies. Continue reading......
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08.07.26 - 14:54
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AM Best Places Credit Ratings of Service Insurance Group Members Under Review With Positive Implications Following Acquisition Announcement (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has placed under review with positive implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Service Lloyds Insurance Company, a Stock Company and Service American Indemnity Company, which operate under a pooling agreement. Both companies are headquartered in Austin, TX. and are collectively referred to as Service Insurance Group (Service or the group).The Credit Ratings (ratings) have been placed under review with positive implications following the announcement that Sompo Holdings, Inc., via a wholly owned subsidiary, has entered into a stock purchase agreement in which it will acquire all outstanding shares of Service's members. The under review with positive implications status reflects the potential financial and operational benefits that the group may derive from being part of a significantly larger insurance organization, which is of greater financial strength.The transaction...
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07.07.26 - 16:18
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UK house prices rise for first time since start of Iran war (The Guardian)
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Typical property cost £299,330 in June, 0.2% more than the month before, says LloydsBusiness live – latest updatesHouse prices across the UK have risen for the first time since before the onset of the Iran war, leaving property values narrowly below those at the start of the year, according to a survey.The typical property cost £299,330 in June, a 0.2% increase on the month before. This came after a monthly drop of 0.2% in May, according to the latest Lloyds house price index, previously known as the Halifax HPI. The annual growth rate edged higher to 0.6% from 0.5%. Continue reading......
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07.07.26 - 08:30
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UK house prices rise in June despite ′wider economic uncertainty′ – business live (The Guardian)
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Rolling coverage of the latest economic and financial newsGood morning and welcome to our rolling coverage of business, the financial markets and the world economy.UK house prices nudged up 0.2% in June compared with the month prior, according to new figures from the lender Lloyds.Recent price trends continue to reflect wider economic uncertainty, including the impact of global events on inflation and interest rate expectations. While affordability remains stretched for many buyers, mortgage rates have eased from their recent highs, offering some encouragement to those considering a move.While latest industry data shows the number of new mortgage approvals dropped in May, this wasn't unexpected given the spike in rates seen earlier this year, and we'd expect to see activity recover assuming borrowing costs continue to fall.7am BST: Lloyds house prices for June9.30am BST: Fiscal risks and sustainability report from the Office for Budget Responsibility10.30am BST: Bank of England Financial Stability repor...
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06.07.26 - 22:42
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ANV Completes Acquisition of Iris Insurance Brokers (Business Wire)
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Acquisition strengthens ANV's UK distribution and adds a UK MGA incubator platform that complements ANV LaunchPad in the USNEW YORK--(BUSINESS WIRE)--ANV Group Holdings Ltd. ("ANV" or the "Company"), a global insurance intermediary platform, has completed the acquisition of Iris Insurance Brokers Ltd. ("Iris"), a London-headquartered specialty insurance distribution platform. The transaction, originally announced in March 2026, has received all required regulatory approvals.
Iris operates through three segments: a Lloyd's wholesale brokerage, Blink Intermediary Solutions, and Vivid Underwriters. Together, they give ANV scaled wholesale and retail distribution across the U.K., direct access to Lloyd's specialty capacity, and a UK-based MGA incubator in Vivid that is highly complementary to ANV LaunchPad, the Company's US-based incubator launched in May 2026.
"Closing the Iris transaction marks an important step in scaling ANV's UK platform," said Adam Karkowsky,...
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01.07.26 - 13:12
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Halifax to disappear from UK high street as Lloyds axes bank brand after 173 years (The Guardian)
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Group confirms it will stop opening new accounts under the name and move existing ones to LloydsLloyds Banking Group has announced it is axing the Halifax brand, meaning the 173-year-old former building society's name will disappear from UK high streets.The group will stop opening new accounts under the Halifax brand, and kickstart a process of shifting existing accounts to Lloyds branding over the coming days. Continue reading......
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25.06.26 - 22:21
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W. R. Berkley Corporation Names John Enright President of Berkley Specialty London (Business Wire)
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GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of John Enright as president of Berkley Specialty London and chief executive officer of W. R. Berkley Syndicate Management Limited, the Lloyd's managing agent for W. R. Berkley Syndicate 1967, effective July 1, 2026, subject to regulatory approval. He succeeds James Hastings, who will continue to serve in a corporate role at Berkley and support the transition.
Mr. Enright has nearly 20 years of experience in the insurance industry across strategy, operations, finance, and technology with a particular focus on the London and international markets. Most recently, he served as Berkley Specialty London's chief operating officer.
W. Robert Berkley, Jr., chairman, president and chief executive officer of W. R. Berkley Corporation, commented on the appointment, "John is a proven executive with deep expertise in the London and international markets, who is well-suited to lead the talented team at Berkley Spe...
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