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Rachel Turk said product-line facilities had been “under-scrutinised”. -
Former Hannover Re CEO Jean-Jacques Henchoz received the Lifetime Achievement award.
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The carrier said the decision reflected its commitment to portfolio discipline.
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Lloyd’s reported reinsurance GWP increased 10.6% to £13.2mn.
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The cycle-turn M&A story continues with strategic buyers to the fore.
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Gross written premium was up 6% year on year.
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Lloyd’s will keep heritage systems operationally resilient until at least 2030.
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Syndicate 1440 was approved to assume business incepting January 2026.
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The US specialty carrier announced Tuesday that it was buying the Lloyd's business for $555mn.
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The executive has worked at RFIB, Benfield and Guy Carpenter during his 30-year career.
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The LPPC will offer limits of $127.5mn EAR and DSU coverage in the US and Canada.
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Jane Poole will succeed Michael Grist, who exits after nearly 16 years.
