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Lloyd’s syndicate results 2024: Top-quartile performers revealed
Last year, nearly two-thirds of Lloyd’s syndicates reported a deterioration in combined ratio.
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CEOs have been told to stand down resources as wider testing won’t start until October.
Conflict between China and Taiwan would be a “game changer” for marine war.
Sources said Insurance Advisory Partners is advising the fac MGA on the strategic process.
Former CEO Buss had been appointed in November 2023.
Opinion
Featured
Making smart-follow smart: Broker facilities' coming of age
Insurer appetite for facilities not just about top line, also a hedge against disruption.
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Fidelis Partnership promotes Beckert to Bermuda CUO
26 March 2025 -
Air Lease and SMBC disclose settlements with insurers
25 March 2025 -
Long-serving Everest board chair Taranto to step down
25 March 2025
Analysis
In the first part of this series, we explore how smart-followers are mixing up their strategies.
The market took a higher share of hurricane losses and couldn’t cut its acquisition costs.
Sources warned some property XoL books are already running 50% loss ratios.
The proportion of women in lead underwriting roles still trails other leadership positions.
Interviews
The broker said that businesses not investing in AI capabilities would be left behind.
The MGA’s GWP hit $4.6bn as the CEO labelled aviation all-risks rates “woefully inadequate”.
The Corporation’s CFO hailed profitable growth but warned syndicates to maintain discipline.
Syndicate 1984 is set to begin underwriting next month.
Behind the Headlines
Behind the Headlines is a fortnightly podcast hosted by Insurance Insider's senior reporter Sam Casey.
Get the inside scoop on the major stories shaping the London market through discussions with the journalists who broke them. Plus, hear from industry professionals on what these developments mean for the (re)insurance sector.
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