Daily Digest: ASR on Africa's potential for Lloyd's, Sports injuries and the concussion pandemic, Patriot Select to re-enter Florida market

Catch up on the essential news and analysis from the Insurance Day experts

Africa a ‘significant opportunity’ for Lloyd’s: ASR's Boreham Lloyd’s holds only a small portion of the commercial insurance market in Africa, creating a significant opportunity for expansion, according to Martin Boreham, active underwriter of Africa Specialty Risks’ syndicate 2454. Speaking to Insurance Day just over a year after the Africa-focused re/insurance group launched its Lloyd’s syndicate, Boreham said the commercial insurance market in the region could be anywhere between $12bn and $15bn. “The Lloyd’s market is only a very small proportion of that, so there is significant opportunity for Lloyd’s to expand its footprint in Africa, and not at the detriment of any of the local markets,” Boreham says.