Lloyd’s is back to black, but time is running out for unprofitable syndicates

14-09-2021

Lloyd’s is back to black, but time is running out for unprofitable syndicates

shutterstocl/Simon Vayro

Despite recent catastrophe activity, Lloyd’s half-year results show the market bouncing back to profit. Improved performance, driven by higher rates and efforts to eliminate underperforming business lines, and a strong balance sheet, brought Lloyd’s back into line with its global peers, Burkhard Keese, chief financial officer, said at a press conference.


Monte Carlo 2021, Lloyd's, H1 Results 2021, Profits, Catastrophe, GWP, Insurance, Reinsurance, Burkhard Keese, Patrick Tiernan, London Market, UK, Global

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