Bigger Is Better for Lloyd’s Syndicates with Active Cycle Mgmt: S&P

By | June 10, 2016

  • June 14, 2016 at 5:21 am
    User01 says:
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    These results do not entirely jive with published accounts. For instance, according to Novae’s 2015 annual report, Syndicate 2007 achieved combined ratio of 90.8% (not 52.4% as quoted here)… Any ideas why?

    (see, https://www.novae.com/files/2015_report_and_accounts.PDF)



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