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Names’ and alternative capital will all play a role in Lloyd’s future.
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Underwriters are embroiled in a coverage dispute with the bank over a C$300mn claim.
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The executive was recently a contender for the Lloyd’s CEO role.
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The active underwriter says current start-up costs are stopping entrepreneurs from entering the market.
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Fast-track plan approval for some along with limited pre-emption approvals points to differentiation.
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The combined Lloyd’s business would write around $835mn on a pro-forma basis.
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Last week, AIG CEO Brian Duperreault mused that between efforts to right its own underwriting ship and the actions of Lloyd’s to similarly clean up, the two insurance giants had moved the market.
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Plans from the top-performing businesses will be subject to no push-back from performance management director Jon Hancock.
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One in four syndicates has applied to pre-empt to take advantage of rating momentum.
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The proposed exclusion comes as the market deals with the fallout of the Ethiopian Airlines 737 Max crash.
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The Corporation is considering a pay-to-play model for central services to cover the interest on the debt.
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The Corporation gives the market two more weeks to complete the survey despite a “good” response so far.