Legal
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Market premium is also projected to shrink 5 percent as a result of performance drive
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A group of high-performing syndicates will help draw up a framework for a more hands-off approach to Lloyd’s oversight.
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The Hong Kong-based sidecar was originally expected to generate $50mn of commitment from international investors.
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The European carriers’ Chinese expansion coincides with a relaxation of financial sector ownership rules.
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Only 5 percent of EEA business is thought to currently be subject to multiple bids.
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Associations in Europe, Asia Pacific and elsewhere urge the IASB to give carriers a year longer to prepare for the new accounting standard.
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The Cayman Islands Monetary Authority has granted new reinsurer Topsail Re an operating licence.
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The carrier says the High Court approval marks the final step in its Brexit preparations.
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The Bermuda (re)insurer publishes new detail on the valuation methodology after a shareholder alleges misleading information about the Apollo offer. -
Is additional capital load something that syndicates can also expect year after year?
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Increased oversight by the Bank of England unit could erode Lloyd’s appeal, market protagonists warn.
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Stamp movements show the aftermath of this year’s tough planning season.
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