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19 March 2018

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Lloyd’s carriers reach settlement with Kanye West

Bernard Goyder 15 February 2018

Lloyd's syndicates have settled its lawsuit with rap artist Kanye West over a disputed contingency claim, the website TMZ has reported.

West and his tour company Very Good Touring Inc sued a number of Lloyd's carriers for $10mn, including Lancashire's Cathedral Syndicate 2010, Liberty Syndicate 4472, XL Catlin Syndicate 2003 and Markel Syndicate 3000, in a case that emerged in August.

Allianz is also listed as part of the consortium of insurers which wrote the policy.

TMZ has framed the...

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