Lloyd's managing agent XL Brockbank is set to announce the discontinuation of some lines of business.
Active underwriter for XL Brockbank syndicates 861 and 1209 Nick Metcalfe said accident and health would be affected, but would not confirm in which syndicates the changes would occur.
This week, Lloyd's issued a breakdown of estimated losses. While the Lloyd's Mar-ket is expected to make a 15% loss, certain syndicates - two of which are XL Brockbank's - will have more losses.
Syndicate 861, which had capacity of £155m, is predicting a loss of 47.5% to 52.5%. Syndicate 1209, which was writing £232m, has forecasted a loss of 40% to 45%.
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.
