Posted in News on 01 Dec 2017
Lloyd’s recently published the 2017 Edition of Statistics across the Lloyd’s Market. The annual Statistical Digest includes a large amount of data grouped by High Level Class of Business as well as results for individual syndicates.
Here we provide a summary of some of the key trends in the Market, which highlight that whilst the position of specialist brokers in certain niche areas, including energy, has stabilised over the last few years, the rise in claims and volatililty of premium rates in those classes of business demonstrate the increasing importance of brokers with specialised knowledge and expertise.
Find out what these results mean for particular classes of business and the insurance market as a whole by downloading our Statistics at Lloyd’s bulletin.