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How do you harmonise distribution strategies in a rapidly evolving marketplace?
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The syndicate will be managed by Polo Managing Agency.
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Oaktree will fund the syndicate and act as investment manager for its assets.
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The review found an unrelated breach over the CEO failing to log a journey on a private jet.
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Plus, the latest people moves and all the top news of the week.
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One critical sticking point for Lloyd’s is the true alignment of interest with the market.
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The underwriter has spent 30 years in fine art insurance.
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The Lloyd’s Market Association (LMA), setting out its “core asks” for 2026, has said it is expecting the market to achieve multiple peer-to-peer technology adoptions next year.
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The transaction is expected to close early in the first quarter of 2026.
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Smaller syndicates are lifting their share of the market, as the top quartile also returned to growth.
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The chief of market performance urged underwriters not to follow the herd.
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Six of the 10 largest syndicates remained flat or reported de-emptions.
