A troubleshooter at Lloyd's tackles costly traditions: Tolle seeks to break cycles that undercut premiums and nearly killed market

Article Abstract:

Lloyd's of London is seeking financial management advice from German franchise performance director Rolf Tolles. One change Tolles has advocated for Lloyd's is increasing charges for ship insurance. The impact Tolles may have on Lloyd's corporate culture is also discussed.

Strategy & planning, Management dynamics, Financial Systems & Controls, Financial Management, Management, Planning, History, Influence, Corporate culture, Company business management, Company business planning, Tolles, Rolf

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Lloyd's settles with insurers in asset-pool disagreement

Article Abstract:

Lloyd's of London, the British insurance giant will accept a settlement of $293 million from the Swiss Reinsurance Company Ltd. The dispute concerned how the Lloyd's of London insurance market had financed business in the United States.

Discipline, Swiss Reinsurance Company Ltd.

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Lloyd's of London names oil veteran Richard Ward C.E.O

Article Abstract:

Lloyd's of London of the United Kingdom has appointed Richard Ward as Chief Executive Officer. The insurance giant's biggest challenge is dealing with competition from international markets, particularly Bermuda.

Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, Ward, Richard

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