Lloyd's has pointed out that the capital loadings applied by Lloyd's regulators to PXRe ceased to affect syndicates 2002 and 2004 when they left the managing agency last year.
Syndicate 2004 transferred to Admiral syndicate management and 2002 to Zenith, however the Lloyd's press office was only made aware of the change this week.
Lloyd's stressed it has not lifted the capital loadings imposed on PXRe, however the fact that the managing agency has been placed into run-off means they currently have minimal impact on the company.
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.
