Lloyd’s insurers must be ‘risk-on’, says chief
Investment flooding into defence, energy and AI means industry must be ‘brave and ambitious’, Patrick Tiernan told the FT
Investment flooding into defence, energy and AI means industry must be ‘brave and ambitious’, Patrick Tiernan told the FT

Chief executive says market welcomes ‘all risks that can be legally insured’

The lender’s push into corporate and institutional banking is a better idea than it sounds

Trading in insurance-like products that protect against tech company defaults is booming

Valuations soar as venture capital flows to groups tied to continent’s security and economic sovereignty

Executives face choice between cutting returns to shareholders, raiding reserves or tapping the markets

Ignoring the upside can be as dangerous as discounting the downside