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R&Q 2012 profits “in line with expectations”

Profits at run-off provider Randall & Quilter are set to match market expectations for the calendar year 2012 it was announced today.

In an investor note, Shore Capital analyst Eamonn Flanagan said that it would maintain its projection of pre-tax profits of £10.25m for 2012.

Flanagan added that Shore has amended its expectations for

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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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