Moody’s expects Lloyd’s of London’s strict underwriting discipline and strong earnings to continue to bolster its credit strength in 2025, although the rising cost of US casualty claims and their impact on reserving remains a “weak spot”.

Lloyd’s latest systemic risk scenario has said the global economy could be exposed to potential losses of $13.6trn over a five-year period from the threat of a hypothetical future human pandemic.

Canopius Syndicate 4444 has leapfrogged Beazley Syndicate 2623 to become the largest syndicate at Lloyd’s for the 2025 year of account, The Insurer can reveal.

Oak Reinsurance has appointed former Lancashire executive James Irvine as chief underwriting officer for property.

Beazley will remain Lloyd’s largest insurer in 2025 despite a more than £1bn ($1.28bn) contraction in Syndicate 3623's stamp capacity for the upcoming year of account, The Insurer can reveal.

Antares Global Management has unveiled a raft of senior leadership appointments within its new commercial division, which was formed last month following a restructure of its underwriting operations.

Shareholders in Lloyd's insurer Inigo are considering options for the sale of the speciality (re)insurance group, this publication understands.

Specialty (re)insurance intermediary McGill and Partners has launched a fully digital, cross-class broker facility at Lloyd's offering up to 20 percent follow-form capacity across multiple lines of business.

AIG is in advanced talks to channel up to 20-25 percent of certain lines of its ceded global commercial business into a new third-party capitalised syndicate, a move that will likely be regarded as a major endorsement of the Lloyd’s market, The Insurer can reveal.

The Middle East arm of Africa Specialty Risks (ASR) has commenced operating as a Lloyd’s service company.

Long-serving Corporation executive Peter Montanaro has justified the proposed changes to the Lloyd’s misconduct rules despite fears they are an “overzealous” reaction to a recent humbling defeat by a former Atrium underwriter.

Lloyd’s will trade into 1.1.25 with an initial market stamp capacity of at least £57bn ($71.8bn) – a new record high – with a minimum of 51 surveyed syndicates increasing their business plans for next year.

Lloyd’s planned GWP is set to rise 11 percent to £65.5bn ($83bn) in 2025 despite the Corporation's more increasingly cautious outlook on the underwriting environment.

Follow-form syndicate Ki is to separate from Brit Insurance and transfer managing agent responsibilities to Asta, The Insurer can reveal.

Lloyd's CEO John Neal has warned that question marks remain over underwriting practices in specialty lines, at a time when boards are increasingly focusing on insurance amid growing concerns around the risks posed by technology, geopolitics and climate.