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Growth was driven by Lloyd’s Syndicate 1274 and Antares Re. -
Lloyd’s has been likened to a “toothless tiger” in its crackdown efforts.
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Ex-Hannover CEO Jean-Jacques Henchoz exited from the reinsurer at the end of March.
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Recent transactions on the platform include cat bonds from Flood Re and Brit.
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Plus, the latest people moves and all the top news of the week.
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The first quartile contracted on the back of Beazley 2623’s GWP reduction.
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Technological delays erode credibility, but the market remains strong.
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Alexandra Cliff will take a base pay of £425,000 per annum, compared with Keese’s £550,000.
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Last year, nearly two-thirds of Lloyd’s syndicates reported a deterioration in combined ratio.
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The announcement comes after similar launches with Inigo and Atrium.
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CEOs have been told to stand down resources as wider testing won’t start until October.
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Insurer appetite for facilities is not just about top line, it is also a hedge against disruption.
