Lloyd’s

Syndicate Holdings Corp gives interim CFO Alex Williams the permanent job.

Syndicates were given a hard ride in the planning process, but innovative ones are being allowed to grow.

In London last week, I heard Lloyd’s chairman Bruce Carnegie-Brown give a talk detailing some of the challenges facing the Lime Street market – a particularly pertinent topic given the trials and tribulations experienced by some syndicates in recent months in getting their 2019 business plans signed off.

The combined ratio improved by 32.4 points to steer the London market carrier to a slim underwriting profit for the six months to 30 June.

Syndicate 2632 is up 1.6%, while 623 stamp rises by 4.5% at Andrew Horton’s business.

The Lloyd’s chairman urges less hubris about loss-making business.

The syndicate expects to increase its premiums by 5 percent next year.

New SPA targets gig economy risks, such as ride sharing.

Chesterfield’s James Stevenson urges peers to get educated about technology.

Carnegie-Brown says the platform is already processing European risks.

Lloyd’s approves the Credit Suisse-backed business plan with an increase in property insurance capacity.

Axa XL, Liberty Specialty Markets and Hiscox all set for top-line cuts.