Operations/tech
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This will be the 15th cohort of companies to go through the Lloyd’s Lab.
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There are concerns that repeated delays could lead to market disengagement with the process.
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The syndicate will be targeting approximately $50mn of GWP in its first year.
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Being conservative and stable is the name of the reinsurer’s game.
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The insurer’s plans for the syndicate were revealed by this publication earlier this year.
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The former Hannover Re CEO said reinsurers must use alternative capital and tech.
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Anticipation, motivation and inspiration are central to effective implementation.
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Paul Campbell details how the most profitable insurers act during a soft versus hard market.
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It is understood that CyberCube has been considering a sale of the business.
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Lloyd’s will keep heritage systems operationally resilient until at least 2030.
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The LPPC will offer limits of $127.5mn EAR and DSU coverage in the US and Canada.
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Plus, the latest people moves and all the top news of the week.