Natural Catastrophes & War Made 2022 a Tough Year for Lloyd’s Syndicates A swath of natural catastrophes and the Russia-Ukraine war made 2022 a tough year for some managing agents at Lloyd’s of London
2023 Global Ranking of the TOP-10 P&C (non-life) Insurers According to Insuramore`s global rankings, the TOP-10 P&C (non-life) insurer groups accounted for 25.3% of total P&C gross direct premiums
Lloyd’s of London has revised its guidelines on Catastrophe Exposure & Line Sizes A new net line size requirement has been introduced specifying that the maximum net line size that a syndicate may have on an individual risk cannot exceed 30% of ECA