Lloyd's Dubai business to increase by 30%

The volume of business transacted through the Lloyd's Dubai
platform is expected to grow by a third this year, the Corporation
has confirmed.
A spokesperson confirmed to The Insurance
Insider today (1 June) that the Corporation currently
writes about $90mn in premiums through the Dubai platform, and
based on syndicate business plans, this is expected to grow by a
third through 2016.
The Dubai office was opened in 2013.
The news comes after the Corporation signed a framework to
promote...