Lloyd's has confirmed that its capacity has increased by £1bn to a total of £11.06bn for the 2001 year of account – the largest increase since 1993/4.
The market's capacity has largely been boosted by corporate capital, that now represents £9.09bn (£8.06bn in 2000), rather than by traditional Names. Unlimited liability capacity fell slightly from £2bn last year to £1.96bn in 2001.
Syndicates that have revealed substantial increases in their capacity for this year include: Amlin syndicate 2001, which increased by £151m to £575m, DP Mann syndicate 435 up £143m to £400m, ACE syndicate 2488 up £125m to £725m, Beazley Furlonge syndicate 623 up £90m to £215m and Wellington syndicate 2020 up £70m to £500m.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
