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

Review of 2023: Investor appetite returning

Annual returns of the ‘RISX’ equity index of listed companies with Lloyd’s businesses remained strong, and with lower correlation

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

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

Lloyd’s syndicates as an investment market

ICMR’s mark-to-model valuation for Lloyd’s investments

Why brand-building is essential to growth

New research analysis conducted by Gracechurch and ICMR shows that leading insurance CEO's should now treat brand development as a fundamental building block of any growth strategy

Insurance cycle has opened a window of opportunity for investments in Lloyd’s

To assess whether investments in Lloyd’s are worthwhile, investors’ expected returns must be compared against the weighted average cost of capital (WACC).

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

Press release: ICMR launches RISX Index with Moorgate Benchmarks

ICMR launches innovative new ‘(re)insurance specialty equity index’ and selects Moorgate Benchmarks as its administrator

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?

The Lloyd's 2021 $15bn stakes

ICMR.Matrix; a new tool to assess which syndicates are best placed to win the race for more new business

Lloyd’s return on capital: the good, the bad and the ugly

For the first time investors can review Lloyd’s syndicates’ return on capital and compare them directly with other re/insurers.

Value creation at Lloyd's

Materials from the cancelled joint LMA event 18 March 2020

Cancelled: Joint LMA event 18 March 2020

In response to the evolving COVID-19 situation "Value Creation at Lloyd’s" panel discussion will not go ahead on 18 March.

Joint event with LMA on Value Creation at Lloyd's

On 18 March together with the LMA we are organising a panel discussion on the topic of 'Value Creation at Lloyd's'