Shutterstock.com_150843173/Radek Sturgolewski

16 May 2025Insurance

Lloyd's ready to rein in delegated authority; calls out poor management

Lloyd's stands ready to restrict underwriting delegation, with special concern for large multi-class facilities where the ability to manage the book has to remain fully on board the syndicates, Lloyd's chief underwriting officer Rachel Turk (pictured) warned syndicates during Lloyd’s Q1 market message.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Convex Q3 premiums surge 19.7%, but underwriting profit takes a hit

13 November 2026 A 13.4-point combined ratio jump shows a Q3 hit across all key loss and cost metrics.

Social inflation adds up to $337bn to US liability losses, Triple-I finds

13 November 2026 Surging claim severity outpaces economic trends, pressuring reserves and rates.

Exclusive: Marine war rates surge up to 50-fold on wider pricing pressure

13 November 2026 Specialist underwriting requirements are limiting competition: Pelagos.

More articles

Losses from Microsoft outage could be as high as $500m: Morningstar DBRS

Convex Q3 premiums surge 19.7%, but underwriting profit takes a hit

Social inflation adds up to $337bn to US liability losses, Triple-I finds

Captives are ‘cool’ says Aon’s captive leader for EMEA

Exclusive: Marine war rates surge up to 50-fold on wider pricing pressure

Reinsurance premiums down Q3 on property rate, casualty caution

Aviva Syndicates drags insurer’s 9M commercial lines performance

Generali posts 12% increase in nine-month net income, margins slip

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze