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Post history - 20 years ago: US blamed for Lloyd's record losses

Post 20 years ago

Looking back through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.

David Coleridge, the chairman of Lloyd's, has placed some of the blame for the market's record £509.7m loss, announced this week, on the US legal system, which had, he said, "rewritten" insurance

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Lloyd’s probe deepens after Clement promotion cleared

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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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