Liberty GWP falls amid refocus

Liberty Syndicate 4472 reported a 13.5 percent decrease in its
top line for 2015, as it made efforts to reposition the business
towards longer-tail lines.
Gross written premium at the syndicate totalled $1.76bn for the
year.
"Despite new opportunities and business growth in
established lines, the syndicate's planned decrease in both
property and pecuniary lines, repositioning of the syndicate's
motor book to elsewhere within Liberty Specialty Markets, coupled
with further rate reductions and con