Issues
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The direction and timing of the missive feels right - let's hope Lloyd's tackles syndicates' other issues with the same gusto.
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The financial services company may look to gain a credit rating for the Bermuda-based vehicle.
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Looser wordings in standalone cyber insurance mean the product is moving beyond what it was originally designed for, and could introduce systemic losses to the market, sources said.
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Underwriting opportunities become the focus in Q4 2017 and Q1 2018.
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Canopius has substantial experience of executing M&A in the London market.
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Many cat bonds were pricing below their guidance range earlier in the second quarter.
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Amendment to the bill allows the Lord Chancellor to complete the first review of the rate without appointing an expert panel.
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The move could be a bid to emulate the success of the reinsurance funds run by rival mutual fund managers Stone Ridge and Pioneer.
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It is still early days for InsurTechs but their potential is being questioned.
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Retail and construction are among the worst hit market segments.
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Once upon a time insurance was a brilliant, original idea. Money was paid in return for the transfer of a risk, mainly between wealthy merchants who knew and trusted one another.
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Investment yields have ticked up over the last two years, aided by equity and alternative performance.