Lloyd’s
Brit posts 81.9% full-year COR as profits rise 25%
Investment returns drive increased profit as wildfire losses dent Lloyd’s carrier’s underwriting result
The death of Blueprint 2 will be a welcome fresh start
While it might be late, a back-to-basics plan for digitalisation is what the market needs
Lloyd’s likely to revert to a phased approach to digitalisation
What comes after Blueprint 2 is expected to be an evolution rather than a complete re-think of the London market digitalisation project
Convex books record full-year profit of $711m
Bermuda-based carrier’s gross written premiums approach $6bn in sixth year of operation
Westfield Specialty premiums surpass $1.9bn in 2025
Specialty insurer reports full-year combined ratio of 93.1% as portfolio build-out continues
Zurich granted extension for firm Beazley offer
Due diligence ‘progressing as planned’ in £8bn acquisition of London-listed specialty re/insurer
Lloyd’s names Luck and McGovern deputy chairs
Convex non-executive director Fiona Luck and Axa XL’s Sean McGovern take on deputy chair roles on the council
MS Amlin 9M profit climbs 57% as premiums rise to £1.5bn
Lloyd’s carrier trims combined ratio to 86.1%, citing ‘strong’ attritional loss ratios and continued profitable growth
Many Lloyd’s underwriters ‘overestimating lead position’, LMA warns
Insurers must undertake a ‘frank assessment’ of where they sit on the lead/follow spectrum, association says
LMA updates Lloyd’s Open Form default agreement
Market association refines wording of LMA5654 to encourage uptake of Lloyd’s Open Form between shipowners and underwriters
MS Amlin appoints head of exposure management
Andrew Fish will be responsible for improving Lloyd's carrier's risk management and pricing strategies
London market is ready to move on from Blueprint 2
As reports suggest Lloyd’s has finally shelved its long-delayed digitalisation strategy, many market players are already forging their own path
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