London market outlook no longer stable; significant disruption expected if COVID-19 outbreak prolongs: Fitch

24-03-2020

London market outlook no longer stable; significant disruption expected if COVID-19 outbreak prolongs: Fitch

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As coronavirus (COVID-19) concerns rise in the UK, Fitch Ratings has revised the outlook for the underlying fundamentals of the London market insurance sector to negative from stable, while warning that the pandemic could increase operational risks for the implementation of the Future at Lloyd's project.


Lloyd's, Fitch Ratings, Insurance, Reinsurance, Coronavirus, Property & Casualty, Life & Health, London Market, UK

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