Listed Lloyd's sector shrinks to three

Novae's exit from the public markets will leave Beazley,
Lancashire and Hiscox as the only London-listed insurers at
Lloyd's, well short of the sector's heyday when a basket of
Lloyd's stocks would have included more than 10 firms.
The trio were responsible for 11.0 percent of total gross
written premiums at Lloyd's in 2016. Novae wrote 2.3 percent of
the market's top line that year.
By comparison, London-listed companies
operating at Lloyd's in 2010 made up 35.3 percent of the...