Lloyd’s mandate that all Managing Agents have processes in place to identify, assess and manage emerging risks; and they recently clarified that this should involve consideration of at least three risks a year. As with all regulatory changes, […]
Insurance can often be an industry centred on short-term thinking. Each year, Lloyd’s requires that its syndicates submit a one-year business plan for approval. While in theory some of these syndicates could be submitting this as only one […]
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