11-04-2017 15:11 via insuranceinsider.com

Lloyd's open years climb to 6 in 2016

The number of open years at Lloyd's increased to six for
2016, as three syndicates were unable to close their 2014 year of
account (YoA).
Hamilton Syndicate 3334, AmTrust's life syndicate 779 and
the former Andy Doré syndicate 2526 kept their 2014 YoAs open,
while Neon closed its 2007 open year for Syndicate 2468.
The 2014 YoA at Syndicate 3334, which
Hamilton took on through its acquisition of Sportscover in 2015,
has been placed into run-off rather than closed due...
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