Lloyd's
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Treaty premiums have risen, while casualty premiums remain restrained. -
The executive explained the Corporation’s ‘elephant hunting’ expansion strategy.
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Lloyd's of London is the world's oldest and most famous insurance marketplace, but how does it remain relevant to the 21st century economy?
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The consultation includes methods for tackling bullying and harassment.
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Carbon will recruit 30 new staff including 15 underwriters to support growth.
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The US election is not a particular concern for the executive and the company.
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In 2023, the market’s reinsurance premiums grew by 12.8%, driven by material growth in property and specialty lines.
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The business is aiming to launch at 1 January, focusing on non-cat delegated authority business.
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A start-up would mark a return to Lloyd’s for the Australian carrier after a chequered past on Lime Street.
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The CEO said standardising wordings to drive syndicated distribution could help Lloyd’s grow.
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Oak Re Syndicate 2843 will commence underwriting from 1 January 2025.
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The market remains concerned about managing the pricing slowdown, but a “super cycle” continues.
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