Lloyd's plunges to £438m loss in H1 2020 on £5bn COVID-19 hit

Lloyd's plunges to £438m loss in 'exceptionally challenging' H1 on £5bn COVID-19 hit

John Neal chief executive officer, Lloyd’s

Specialist re/insurance market Lloyd's of London plunged to a loss of £438 million, driven by £2.4 billion in COVID-19 losses, in what its chief executive John Neal described as an "exceptionally challenging" first half of 2020.

The rest of this article is locked. Please login to continue reading.

If you don't have a login, you will need to purchase a subscription to gain access to this article, and all the other content. Please use this link and follow the steps.

To take out a free two week trial, use the same link but select the 'trial' option in the dropdown box.

For multi-user price options, or to check if your company has an existing subscription we can add you into, please email Elliot at efield@newtonmedia.co.uk

Lloyd's Coronavirus, Insurance, Reinsurance, GWP, 2020 Results, John Neal, London Market, UK

More on this story

Lloyd’s posts heavy 2020 loss; hails improvements masked by COVID-19
31-03-2021

Lloyd’s launches 'first of its kind' parametric BI cover for SMEs
30-09-2020

Better underwriting prompts Fitch to remove Lloyd’s from rating watch negative
18-09-2020

Lloyd's market unlikely to turn profit in 2020 with COVID-19 & struggling syndicates — but still improving: S&P
21-08-2020

Lloyd's of London lifts electronic placement targets for 2020
12-08-2020

Lloyd's plunges to £438m loss in 'exceptionally challenging' H1 on £5bn COVID-19 hit

More on this story

Other related

More on this story

Sign up for the newsletter