Lloyd's carriers have settled a dispute with Korean Re over 100bn won ($89mn) of stalled compensation payments related to the Sewol ferry sinking in 2014, according to a report.
The majority of Names-backed Lloyd's syndicates look set to report a profit for the 2015 year of account (YoA), with the group generating a simple average midpoint return on capacity of 5.7 percent.
Pressure from investors for top line improvements amid a more challenging financing environment has impeded InsurTech start-ups' ability to affect revolutionary change, according to Oliver Wyman.
