Lloyd’s

The result is 1.1 points ahead of the midrange of a 6.4%-16.4% forecast.

Returns on capacity reduced, forecast at 4.4%-14.4%, have settled at 4.6%.

The insurer has participated on McGill and Price Forbes facilities, as well as Amwins.

Plus, the latest people moves and all the top news of the week.

The niche auto underwriting cell was the first to launch on the MGA platform.

Lloyd’s CEO pay is lowest compared to major LSE-traded specialty insurers by a considerable margin.

Montanaro will remain at Lloyd’s as an adviser until the end of May.

Karl Haynes, Managing Director for Wholesale Claims at Tysers Insurance Brokers, explains how advancements like AI and drones are transforming the insurance claims process, improving efficiency and transparency in the London market.

How does a young insurance company surpass growth expectations and successfully reposition itself in the market as a fully independent player?

Lloyd’s entry is a modest start for the London heavyweight but could be the beginning of something bigger.

Hickman has previously held roles at RSA, LV and Axa.

Last year, Patrick Tiernan issued a warning to syndicates to properly manage their DA portfolios.