Lloyd's
-
The Lloyds-centric reinsurer has become a signatory member of the Standards Board for Alternative Investments. -
The loss portfolio transfer reinsures around $116mn of the group’s share of Syndicate 33 reserves from between 1993 and 2018.
-
Business will be written directly into Syndicate 5623 from 1 January 2023.
-
The move would enable the Lloyd’s ILS platform to access investors with lower risk-return appetites after launching with quota share options only.
-
Lloyd’s said it did not expect the majority of syndicates to be impacted by the change
-
Ahead of a market message on 2023 business plans, Lloyd’s has set out early expectations on inflation, ESG and management of cat volatility.
-
Lloyds and London "a little bit missing" in enabling creative dialogue'
-
Lloyd’s CFO and COO Burkhard Keese told delegates at the London ILS 2022 Conference that the platform’s scope will widen beyond quota share structures.
-
The follow-only vehicle initially launched in January with a more limited set of permissions.
-
The firm’s Syndicate 2357 had halved losses to $41.5mn during the year.
-
The broker said there was still a “big unknown” around the potential global economic impact of the conflict.
-
The syndicate won new backers after Credit Suisse ILS significantly scaled down support.
Most Recent
-
GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%
22 November 2024 -
American Coastal targets $100mn of Florida named storm coverage
22 November 2024 -
Allstate pegs October cat losses at $226mn post-tax
21 November 2024 -
Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM
20 November 2024