Syndicate analysis: Growth not always the enemy of profitability at Lloyd’s Data work by this publication found a low negative correlation between premium growth rate and gross profit margins.
Profit-consistent syndicates among best performers in Lloyd’s Syndicates with the best 10-year average combined ratio generally showed less volatility in underwriting profit, analysis showed.
Lloyd’s looks set to choose more remediation over a pivot to growth for 2021 All-in growth of 10 percent or less is predicted as the Corporation's CEO and CFO press syndicates to complete underwriting turnaround efforts.
London specialty rates accelerate further at mid-year The prospect of a fourth consecutive year of underwriting losses and Covid-19 uncertainty has spurred additional rate momentum since January.
London Matters 2020: Four major takeaways This publication digs into the report for details on performance, growth drivers, market concentration and skillset.
Lloyd’s 2019: Differentiated oversight shapes syndicate GWP growth First-quartile syndicates grow while wider market remains constrained.
Lloyd’s 2019: 60% of syndicates still generated underwriting loss The proportion of loss-makers falls 4 points from 2018 but is three times as high as 2014.
Losses in reinsurance, casualty, aviation & marine: Lloyd’s 2019 results by line Remedial actions start to bear fruit in primary property.