Value Creation

Understanding when listing can be a help or a hindrance

Liquidity versus value creation for listed companies

To M&A, or not to M&A?

Understanding (re)insurance portfolio valuation in real time

Lloyd's 2023 results exceeds cost of capital

It is the first time in the last decade that Lloyd’s has, in the aggregate, exceeded its estimated weighted average cost of capital (WACC)

Asset management: a new frontier in underwriting RoE?

With risk free rates at decade long highs, investment contribution is now a critical component of returns on equity

The best reinsurance underwriters to follow? It’s all in the data

Building a superior follow-only portfolio through class of business performance analysis

Capital markets slowly falling back in love with (re)insurance

ICMR analysis shows (re)insurer P/b’s close to long term highs, but still relatively undervalued

Lead versus follow in ownership of syndicates

Are follow-only strategies a smart alternative to the model of value through verticalisation?

To lead, or to follow ... that is the question!

Successful follow-only strategies can create more value than those of traditional leadership roles

When Private Equity met Lloyd’s

It’s all about enhancing performance and timing the exit

Specialty (re)insurance M&A - price to book multiple trends

RISX index suggests tidy return for Ascot’s investors

RISX Index: more than just a benchmark

This article outlines some of the drivers behind the creation of the RISX index

Third party capital vs building value: revolution or déjà vu?

With improving performance and an expanding range of options for investing, now may well be the best time for some while to be an investor at Lloyd’s.

Value creation at Lloyd's: It's not all about the Underwriting Room

The market is buoyant about near term underwriting conditions, but just how important are they to cross-cycle value creation compared to the performance of asset managers?

Value creation at Lloyd's

Materials from the cancelled joint LMA event 18 March 2020

What does value creation mean in the Lloyd’s market?

Introducing the London Insurance Market Index