Hints and tips:
...Mitsui Sumitomo Insurance also recently announced expansion plans for its Lloyd’s insurer. But there is a fragility to this recent success....
...Probitas’s Lloyd’s underwriting syndicate has increased its annual premiums by a fifth every year since 2019, taking in £288mn in 2023....
...“Growth came from new syndicates or from existing syndicates bringing new business in,” said Mr Nelson....
...Instead, the difficulties for Lloyd’s, which comprises 96 underwriting syndicates, have come from weak premium and investment income....
...Amlin is the latest UK-listed Lloyd’s insurer to fall into overseas hands, accepting a £3.5bn bid this year from Mitsui Sumitomo....
...Syndicate 1965 was set up in 2005 as the first Lloyd’s syndicate to operate exclusively outside the underwriting room in London, and the first to operate exclusively in Asia....
...drilling rig; and the QBE syndicate 1036 at Lloyd’s of London, which insured the rig....
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