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Plus the highlights from this week’s London Market Conference and all the top news of the week. -
The syndicate will begin underwriting on 1 January 2022.
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The Corporation's transformation director said most Blueprint Two targets will be hit next year.
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The Redicova product is led by Beazley with initial reinsurance from Axa XL, Hiscox and RenaissanceRe – all members of the Disaster Risk Facility at Lloyd’s
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A total of 87% of survey respondents are looking to grow their stamp.
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The roles of full-time staff and those on fixed-term contracts are subject to a consultation process now underway.
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Arklie follows in the footsteps of Patrick Tiernan, who recently swapped Aviva for Lloyd’s.
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In the Corporation’s ambition to bring new capital and new businesses to Lloyd’s, the look and feel of the marketplace is slowly changing.
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The market is assessing whether planned single-digit rate rises will outstrip burgeoning claims inflation.
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It has been suggested that a Lloyd’s syndicate could provide a neat solution to the licensing needs of its growing specialty business.
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To walk away from One Lime Street at this juncture would certainly be a very bold statement on how Lloyd’s is embracing modernisation and its future.
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Ascot CEO Andrew Brooks will retain the role of chair for the Lloyd’s Market Association (LMA) for a second term following a unanimous board vote for his reappointment.
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