Lloyd’s to allow more capital flexibility on cat growth for top-performing syndicates
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Lloyd’s to allow more capital flexibility on cat growth for top-performing syndicates

A photograph of the Lloyds Building in London from ground up

Lloyd’s has made a significant move to provide more flexibility around cat growth for the best-performing syndicates, enabling them to raise cat exposures under its LCM 5 framework without a requirement for a penal increase in capital.