13-06-2017 15:22 via insuranceinsider.com

ProSight run-off a symptom of Lloyd's malaise

ProSight's unhappy innings at Lloyd's is drawing to an
end, with the US program insurer's decision to place its
syndicate into run-off set to prompt a new round of
self-examination for the troubled marketplace.
The Insurance Insider revealed last
week that ProSight hadcalled time on its Lloyd's operation, weeks after it
repatriated the lion's share of the business to the US,
following a sale process that failed to generate a bidder that
could command the Corporation's confidence.
That a...
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