Lloyd’s saw an aggregate deterioration of 0.6 percent of capacity at the midpoint of forecasts for the 2020 year of account (YoA) during the second quarter, driven by the impact of the challenging investment environment.
Premia’s loss portfolio transfer (LPT) with Hiscox Syndicate 33 marks the run-off carrier’s fourth major transaction at Lloyd’s since acquiring its managing agency and syndicate in March 2020.
Beazley’s Smart Tracker Syndicate 5623 has received in-principle approval from Lloyd’s to transition from its current special purpose arrangement (SPA) model into a full market-facing syndicate.
Probitas 1492 plans to lift its stamp capacity by 22 percent in 2023 on the back of an 86 percent increase in underwriting profit in the first half of the year, with the Ash Bathia-led Lloyd’s insurer becoming the latest syndicate to add double-digit headroom to its plan for next ...
Lloyd’s is to introduce new requirements for managing agents to exclude liability for state-backed attacks from all standalone cyber policies as of 31 March next year.
Apollo’s Syndicate 1969 plans to increase its stamp capacity by ~18 percent in 2023, becoming the latest syndicate to add double-digit headroom to its Lloyd’s plan for next year, The Insurer can reveal.
Beazley’s Smart Tracker Syndicate 5623 is planning to increase its stamp capacity by approximately two thirds in 2023, The Insurer can reveal.
AIG’s Lloyd’s platform Talbot has seen two further departures from its marine hull unit, with senior class underwriter Edward Carpenter and class underwriter Benjamin Ewen having tendered their resignation in recent days, The Insurer can reveal.
Lloyd’s specialist insurer Atrium Underwriters has appointed Peter Laidlaw as active underwriter of Syndicate 609, effective 1 January 2023.