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The London carrier missed consensus on gross and net premiums for H1. -
Brokers turn to harder classes, innovation, commissions and tech to soften the blow.
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The announcement comes a week after the institutional investor said it would accelerate its pivot to an insurance-led strategy.
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The airline has exercised a break clause to renew its cover six months earlier.
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Part of the syndicate’s premium for clinical-trial-funding cover will move to Syndicate 1902.
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In trying to solve multiple needs, specialty reinsurance opens up complexities.
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This publication revealed two years ago that EQT could lodge a $1bn claim.
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Rachel Sabbarton has been promoted to CEO at Lancashire Syndicates.
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The repricing on the broker’s $3.1bn term loan will save an estimated $8mn per year.
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The syndicate now predicts a return on capacity for 2021 of between -5% and 5%.
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Robert James is set to join the Bassel Matta-led team.
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Market leaders Atradius and Coface have both received in-principle approvals for a Lloyd’s syndicate.
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