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Review of the Year: Lloyd's

The Lloyd's building

Post’s annual review of Lloyd’s and the London market gathered reflections from players including Besso, Markel, Lloyd’s, Hiscox, EY and Beazley to reflect on 2014 and the challenges and expectations that lie ahead for next year

It was a business‑as‑usual year for Lloyd’s and the London market in 2014, with a continuation of flat rates and soft premiums across many classes of business.
Indeed, Lloyd’s struggled to identify a

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Hidden risks in insurers’ culture and misconduct data

Insurers are under growing regulatory pressure to treat non-financial misconduct as a core conduct risk, according to Loka Venkatramana from Pathlight Associates, who says they should use cultural and behavioural data with the same rigour as financial metrics to identify and address problems before they damage customers, staff or the market.

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