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Private capital providers are being signed down as two strong years have piqued interest. -
The number of syndicates traded at auction was the highest for a decade.
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Lloyd’s investment vehicles have been shelved in past years but a strong run of returns is creating interest.
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Sam Geddes will join Syndicate 1918 next year in an executive leadership role.
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The company noted tougher market conditions and higher large losses during the year.
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The traditionally lucrative class has faced a series of challenges in the latest geopolitical crisis.
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The hire follows the departure of David Martin to GIC Re Syndicate.
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Christopher Reynolds and AJ Jones have been hired as business development directors.
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The syndicate says it will not set any top-line targets on digital follow strategies.
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The two lines will add £11mn in planned premium.
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As two working member vacancies are arising on the Council, a ballot will be held.
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Plus, the latest people moves and all the top news of the week.
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