London, UK — Lloyd’s managing agency AEGIS London reported an increase in profits for 2019 on the back of increased gross written premiums. Its managed syndicate posted a profit of £31.1m, up 7% on 2018’s figure of £29.1m, despite foreign exchange losses of £5.0m. Gross written premium before commission was £653.2m, an increase of 18% on 201...

Stephen Merrick, Class Underwriter, International Casualty Facilities — AEGIS London Canadian delegated authority business is a mainstay of Lloyd’s North American presence. AEGIS London’s Stephen Merrick considers how the market can optimise this trading relationship. I’ve always been fascinated by the differences between Canada and the...

Nigel Roberts, Head of Distribution — AEGIS London It is possible we could look back on 2019 as a turning point for Lloyd’s. Market conditions are on the turn. Governance and profitability are improving. Cultural reform is under way and there is a clear vision for how to shape the future. But be in no doubt, we still have a mountain to climb...