A partial settlement of almost $22mn has been reached with 13 Lloyd’s syndicates in a class action suit that alleges syndicates conspired to increase profits and revenues, and hid a lack of competition in the Lloyd’s market.
A partial settlement of almost $22mn has been reached with 13 Lloyd’s syndicates in a class action suit that alleges syndicates conspired to increase profits and revenues, and hid a lack of competition in the Lloyd’s market.