Copying and distributing are prohibited without permission of the publisher
Lloyd’s strength fuels capital raising and M&A
18 June 2009
Lloyd’s competitive strength during the financial crisis has led to capital raising and consolidation within the Lloyd’s market, a new report by Aon Benfield has revealed.
Read more:
[lloyd's]
[M&A]
[capital raising]
[report]
Lloyd’s competitive strength during the financial crisis has led to capital raising and consolidation within the Lloyd’s market, a new report by Aon Benfield has revealed.
The report Lloyd’s Update: Capital Additions June 2009 states that pro forma capital of Lloyd’s increased by 5% to £14.2bn in 2008, while January 1 2009 stamp capacity increased by 3% to £16.6bn.
Since December 2008, Lloyd’s managing agents have raised a total of £663m in new equity capital. The latest capital addition was Amlin’s equity placing on June 3, which raised £76m.
Beazley and Catlin...
You must be logged in to view this page.
If you are already a registered user please log in here.
Alternatively, you can request a free trial or subscribe. For more information contact sdexter@euromoneyplc.com or call +44 (0) 20 7779 8223.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
