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Lloyd's refreshes three-year plan to incorporate Vision 2025

Lloyd's building

Lloyd's has published an updated version of its three-year plan designed to set the London market on track for its long-term strategy, Vision 2025.

The London market is aiming for more than a quarter of its gross written premiums to come from developing economies by 2025, and hopes that the market's workforce will be more diverse.

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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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