Alt IMs’ move into Lloyd’s and US sidecars increases credit and liquidity risks: Fitch Ratings

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Reinsurance News - Nov 07, 2025

Global credit rating agency Fitch Ratings warns that alternative investment managers’ (Alt IMs) growing participation in Lloyd’s syndicates and US casualty sidecars is introducing new third-party capital to the reinsurance market but also increasing potential credit, liquidity, valuation, and govern...

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