Brit syndicate bolsters position at Lloyd's as QBE slips down GWP list
The axing of unprofitable business by QBE has seen the insurer’s largest individual Lloyd’s syndicate plummet in terms of its top ten standing by gross written premium, as Brit moves up the rankings.
Premium at QBE Underwriting's syndicate 2999 at Lloyd's fell by 20.6% last year to £887.6m from £1.12bn in 2013, with the drop resulting in the syndicate slipping from sixth to eighth in the top 10
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