Lloyd’s Falls to 2019 Underwriting Loss, COVID-19 Drives Down Solvency Ratio

Lloyd's underwriting profit

The specialist Lloyd’s of London insurance and reinsurance marketplace has reported an unprofitable underwriting performance for 2019, with its full year results also revealing a decline in its central solvency ratio as a result of financial market volatility driven by the COVID-19 outbreak. Albeit improved on the previous year, Lloyd’s has reported a combined ratio… Continue reading Lloyd’s Falls to 2019 Underwriting Loss, COVID-19 Drives Down Solvency Ratio