Lloyd’s

Lloyd’s is looking to optimise its capital structure and debt maturity profile through the offer.

In last year’s survey, only second-quartile syndicates reported aggregate year-on-year growth of more than 10%.

The tech partners have agreed to make at least transitional changes to their software to interact with the Corporation’s new digital services.

The pace of Lloyd’s capacity growth is set to quicken as three-quarters of syndicates have been permitted a pre-emption.

It is understood that Revilla will work at Lloyd’s in South Florida until year-end.

The London Market carrier has reported a 2023 stamp of £3.8bn for Syndicate 2623, its largest Lloyd’s vehicle.

Patrick Tiernan also voiced support for changes in sanctions to support the transport of Russian-origin food and fertiliser.

Eight syndicates including newer vehicles from CFC and others, as well as mature vehicles from Everest Re and Lancashire, have so far reported increases in stamp capacity of 50% or more.

The Lloyd’s capacity provider raised the money as part of an accelerated book-build process.

Earlier this year, Superscript opened an office in the Netherlands and gained accreditation to operate across the EEA.

London carriers were bullish on the opportunity ahead and suggested new ways of working will continue to evolve.

A harder retro market will have a knock-on effect for London reinsurers, a panel of executives said at today’s London Market Conference hosted by Insurance Insider.