Posted in News on 01 Aug 2018
As 2018 quickly progresses, in our latest market update we review the state of the insurance market following Lloyd’s publishing its latest edition of the annual Statistics at Lloyd’s, which reported a headline loss of £2bn and a combined loss ratio of 114% for the 2018 underwriting year.
The results coincided with recent warnings from the Lloyd’s Performance Management Director to Managing Agents that consistently loss-making syndicates will be closed down.
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.
