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A fresh investor will be needed to put meaningful cash on the table for a US retail deal.
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High cash-burn, the dearth of available leaders, and weaker market conditions all point to shelving.
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The agreement from Fleming to honour original terms still leaves it open to long-term damage.
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The new CEO needs to fix the underwriting, but should also ask the bigger questions.
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Lloyd’s gains leadership, and The Fidelis Partnership gets capital diversification.
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However, it doesn't prove a mutual is a wrong concept for the cyber market.
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Long-term confidence in the market depends on the details of the new tax rule.
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Sources believe Lloyd’s may be veering away from central DA systems.
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The narrative of competition between the two hubs can hold space for benefits.
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Reinsurers are reporting stellar 2023 results – what they do with the earnings will be crucial.
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Impressive results in 2023 will mean big payouts.
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The Corporation is walking a tightrope between encouraging further growth whilst maintaining discipline.