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Lloyd's: space weather could set society back 100 years

galaxy

Lloyd's today warned the threat of 'space weather' from next year could set society back at least 100 years.

A new 11-year solar cycle will begin in 2012, bringing with it magnetic storms that could disrupt power supplies, transport and communications systems, causing widespread disorder around the world

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Lloyd’s probe deepens after Clement promotion cleared

Lloyd’s is believed to have widened a fresh investigation into top-level behaviour, just as a report emerged that October’s review of the London Market’s former CEO John Neal’s relationship with his former head of corporate affairs Rebekah Clement ruled it wasn’t inappropriate.

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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