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Lloyds Reinsurance Property

Syndicates warned of increased volatility following 1/1 restructuring

Changes to reinsurance structures are expected to lead to an increase in natural catastrophe volatility at the one-in-10-year return period, Lloyd’s director of portfolio risk management warns

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Lloyd’s chief of markets, Patrick Tiernan, says syndicates must have ‘clear understanding’ of risk appetite in wake of January 1 renewals, as corporation increases focus on one-in-10-year return period losses

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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