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The market also outperformed various indices including the MSCI World.
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The executive said Aviva and Fidelis had endorsed the market’s turnaround.
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The injection will be sufficient to take the platform through its next stage of major development.
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The initiative will focus on fostering innovation through the Lloyd’s Lab.
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DDM is due to be removed as a core central service on 13 September.
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Velonetic said the transition would not go ahead if questions over readiness remained.
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The ratings agency said P&C insurers must "push through" price increases.
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Talbot is rebuilding its PV team after a December Ark and Chaucer raid.
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The carrier confirmed the appointments of Barrett and Tinworth to the property team.
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The CEO speaks on portfolio remediation and the future of the lead-follow model.
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The association will also explore the impact of AI and continue its #BackToEC3 campaign this year.
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The platform is adding a contract builder component that would smooth adoption of the new MRC v3 contract.
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