Hints and tips:
...Lloyd’s of London has attracted its biggest syndicate backed by individuals, or “Names”, since the early 1990s, as the insurance market looks to rebuild a base among private investors after its best performance...
...This month’s £242mn purchase of the Probitas syndicate will allow it to tap into what it said were the many brokers that prefer to place business via the Lloyd’s market....
...Probitas’s Lloyd’s underwriting syndicate has increased its annual premiums by a fifth every year since 2019, taking in £288mn in 2023....
...The deal with Ping An, struck on Friday, gives Lloyd’s — an insurance marketplace where brokers come to find coverage for a variety of commercial risks from individual syndicates — the further option to...
...Financials Acquisition Corp had already cut the amount it was trying to raise from £500mn, citing the difficulty of getting a significant amount of money into Lloyd’s syndicates in time for the next underwriting...
...At the time, the company said this did not reflect investor sentiment but the difficulty of getting a significant amount of money into Lloyd’s syndicates in time for the next underwriting cycle....
...Five Churchill Place, a former Bear Stearns office owned by Chinese investor Cheung Kei Group, was put up for sale last year after being placed into receivership by a syndicate of lenders....
...Blanc denied press reports that Aviva had considered launching a Lloyd’s of London syndicate and then U-turned. “We are still looking at all distribution channels,” she told the audience....
...The writer is a senior analyst at Lloyd’s List Intelligence The effectiveness of the G7 price cap on Russian oil stumbled at the first hurdle when prices rallied from July....
...Hiscox chair takes plunge on results day Lloyds syndicate insurer Hiscox is benefiting from a grisly but favourable commercial environment....
...The London Bridge channel “gives a perfect opportunity to our members and syndicates to reduce [their] cost of capital by a more efficient capital structure,” he added....
...Overlaps have a mixed history at Lloyd’s: in the so-called LMX spiral in the late 1980s, the practice of Lloyd’s syndicates reinsuring each other on the same risk spectacularly blew up after a series of...
...The astonishing career of the banker Sir Win Bischoff — the former chair of Schroders, Citigroup and Lloyds Banking Group who died last week — spanned 60 years....
...On a panel about central bank digital currencies, Stephen Boyle, head of strategic alignment in Lloyds Banking Group’s chief technology office, told me crypto had some nice ideas but they should reside with...
...The case names 35 insurers and reinsurers as defendants, including one consortium of war-risk insurers operating in the Lloyd’s of London insurance market and 19 syndicates of Lloyd’s underwriters....
...Mackintosh and Lloyd Webber’s financial achievement with shows such as Cats and Phantom was to stop them from doing so....
...He said the signatories were a range of Lloyd’s syndicates, which are groups of members who pool capital and take on insurance risks....
...The group’s Lloyd’s of London syndicate, an insurance underwriter for areas including offshore energy, said last week it would stop underwriting a wider range of oil and gas contracts from January....
...Filings show that syndicates within the market insured the pipeline as recently as 2020....
...Marine insurers stand ready to underwrite these cargoes, says Chris McGill at Lloyd’s syndicate Ascot....
...Banks led by Morgan Stanley haven’t been able to syndicate $12.7bn of debt they funded for the buyout....
...Solomon has cultivated more of a cool-guy image than his predecessor Lloyd Blankfein, who in 2011 told New York Magazine that he would’ve liked to be a nerd in high school, but “didn’t even make it to that...
...In the case, Mr Justice Teare considered whether the cause of the fire absolved the various insurers and Lloyd’s of London syndicates that had insured the vessel from paying out to the vessel’s owners or...
...Another more effective tactic that would hit non-EU vessels would be for the British government to prevent the Lloyds Marine and Aviation syndicates from insuring fleets that carry Russian oil; and for the...
...Barnaby Rugge-Price, chair of insurance broker Howden Broking, said the room “can only be relevant if the syndicates can field lead underwriters with significant authority to set terms and negotiate in the...
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