Big opportunities: Lloyd’s is an underwriters’ market


Big opportunities: Lloyd’s is an underwriters’ market

Now is the perfect time to re-underwrite underperforming portfolios before the market turns, as it always does, says expert panel.

5 key takeaways

Lloyd’s current market is positive for underwriters
• Time is right to re-underwrite poorly performing portfolios
• Concerns over potentially hidden business leaking from Lloyd’s
• Syndicate resubmissions or pre-emptions likely to be ‘on the upside’
• Participants ‘played with placing less in Lloyd’s’ but GWP still up

The Lloyd’s market of 2023 offers big opportunities with a positive environment for underwriters, optimism on premium growth and steady progress on digital transformation.

Lloyd's, LMA, LIIBA, Patrick Davison, James Livett, Underwriting market, Growth, Digital transformation, Technology, Insurance, Reinsurance, London, UK

Intelligent Insurer