Lloyd's market unlikely to turn profit in 2020 with COVID-19 & struggling syndicates — but still improving: S&P


Analysts at S&P Global Ratings believe that the Lloyd's market looks unlikely to turn an underwriting profit in 2020, with syndicates struggling to break even following several years of above-average natural catastrophe losses, but there are signs that the market is beginning to turn.

S&P, Lloyd's, Coronavirus, Insurance, Reinsurance, Global

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