Lee Harris Journalist Profile

Articles

Lloyd’s of London chair backs internal CEO replacement

3 weeks ago | ft.com | Lee Harris |Patrick Jenkins

The outgoing chair of Lloyd’s of London has thrown his weight behind the leading internal candidate to become chief executive of the...
Cinven sells life insurer after scrutiny of private equity ownership

1 month ago | ft.com | Alexandra Heal |Florian L. Muller |Florian Müller |Lee Harris

Cinven has sold German life insurance group Viridium to a consortium including Allianz, BlackRock and Japan’s T&D Holdings in a €3.5bn...
Hidden ‘double dip’ charges hit UK car insurance customers on monthly contracts

1 month ago | ft.com | Lee Harris |Martin Arnold

The UK’s largest car insurers have piled hidden costs on top of double-digit interest rates for customers paying in monthly instalments,...
L&G to sell US business in move to slim down and hand cash to shareholders

2 months ago | ft.com | Lee Harris |Mary McDougall

Legal & General has brokered a deal to sell its US insurance business to Japan’s Meiji Yasuda for $2.3bn in cash, as chief executive...
UK insurers set for record £70bn of pension transactions

2 months ago | ft.com | Mary McDougall |Lee Harris

UK businesses are set to offload a record £70bn of pension risk to insurers this year as healthy scheme funding levels support a flurry...
Top financial watchdog warns climate change set to trigger market panics

Jan 16, 2025 | ft.com | Martin Arnold |Lee Harris

The world’s financial stability watchdog has warned that disasters caused by climate change are increasingly likely to trigger broader...
UK property insurance payouts hit highest level since 2007

Jan 15, 2025 | ft.com | Lee Harris

UK property insurance payouts are set to hit their highest level in nearly 20 years, driven by high building costs and the effects of...
Insurers brace for losses of up to $20bn from California wildfires

Jan 9, 2025 | ft.com | Lee Harris

Insurers are bracing for losses of as much as $20bn from wildfires in Los Angeles after blazes ravaged some of the most exclusive...
Lloyd’s of London chief John Neal to move to Aon

Jan 8, 2025 | ft.com | Lee Harris

Lloyd’s of London chief executive John Neal will leave the world’s oldest insurance market this year to take a new job leading the...
Reinsurance costs fall as sector deploys record capital

Jan 2, 2025 | ft.com | Lee Harris

The cost of property catastrophe reinsurance has fallen 8 per cent globally, reflecting reinsurers’ record supply of capital, according...