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Lloyd’s 2020 business planning season has begun and already we seem to have an answer to one of the market’s key questions as it looks to the year ahead.
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“Six million loyal customers being ‘ripped off’,” wrote Sky News.
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The annual Dive In festival drew to a close late last month.
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Who would be the first syndicate in a box (SIAB) candidate has been one of the most hotly debated topics (and one of the best kept secrets) on Lime Street in recent months.
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On Monday, MS Amlin announced that it was pulling out of nine business classes as part of a new wave of remediation work.
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One of my major take-aways from last week’s Wholesale and Specialty Insurance Association (WSIA) conference in San Diego was that there is a sense Lloyd’s has missed an opportunity in the US.
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Lloyd’s should be applauded for the blueprint it released to the market yesterday.
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I think it’s fair to say it’s been an interesting few weeks at Greenlight Re.
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There is a great deal that is illuminating and more that is just plain impressive in the Lloyd’s blueprint published yesterday.
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Later today, Lloyd’s will publish its highly anticipated blueprint for change.
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Writing about London market reform reminds me of the famous sketch in the Monty Python film The Life of Brian in which the revolutionaries of the Judean People’s Front (or was it the People’s Front of Judea?) plot the overthrow of the imperial Roman oppressor and the foundation of an independent Israeli state in a radical, subversive meeting.
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Few market participants would argue against the statement that commercial (re)insurance in many of the major established markets is in a state of flux at present.