Specialist insurer, Beazley has received in principle approval from Lloyd’s to establish Syndicate 4321 from 1 January 2022. Once fully approved the syndicate will focus exclusively on offering additional capacity to businesses that perform well against […]
The latest version of Sequel Re sees Sequel Business Solutions’ (Sequel) end-to-end outward reinsurance system for Lloyd’s syndicates and London Market insurers move exclusively into the cloud and introduces a number of other updates, bringing further improvements […]
Research into the London Specialty Insurance Market by NTT DATA UK, a leading IT services and consultancy business, has found that automation is being embraced by business leaders as the linchpin of the industry’s future […]
For a global insurance centre such as London, the tech that underpins the placing of risk; who rates risk, and then underwrites particular aspects of a commercial or public sector policy, is a crucial factor. […]
Against a backdrop of difficult market conditions and a challenging business review process at Lloyd’s, AEGIS London expects to grow Syndicate 1225 by 5% in 2019 following another profitable year. AEGIS London delivered a combined […]
Specialist insurer Beazley has launched a new consortium at Lloyd’s to bring increased capacity for wage & hour risks, expanding the choices available to US organisations. This new consortium exemplifies the pioneering role that the […]
The Lloyd’s insurance market’s planned expansion into emerging markets is a net positive, even though writing insurance outside of established markets carries additional risks, according to Fitch Ratings.
Fitch said it expects the economic development of emerging market economies to boost demand for insurance and reinsurance. Lloyd’s already writes 25% of its business outside of Europe and North America, with the growth of insurance premiums outpacing that of developed markets. […]
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