Commercial lines

Lloyd's ambitions to attract large corporates to the marketplace is well known. But how has one of its major coups - the re-entry of Aviva via the acquisition of Probitas - impacted growth?

Alistair Brighton will succeed Alistair Fraser as CEO for corporate and commercial in the UK.

Paul Keaveney leaves Zurich after nearly a decade with the carrier.

Kevin Stokes has been with Pillar for nearly four years.

Rates are continuing to soften in D&O and cyber, according to CFO Paul Cooper.

The D&F market now expects 2025 renewals to be flat to down 5%

The CEO said the property market was in a “super-good place”, and increased competition was inevitable.

Some US and European cedants will likely see "specific adjustments" to their programmes.

The carrier said activity across smaller and mid-sized natural catastrophe and risk events had been “elevated”.

The carrier increased insurance revenue by 16.8% to $1.3bn year on year.

The business is being marketed off around £15mn Ebitda, sources said.

The carrier reported total cat losses of $48.9mn during Q1-Q3 2024, versus $20.2mn in 2023.