As 2018 quickly progresses, in our latest market update we review the state of the insurance market following Lloyd’s publishing its latest edition of the annual Statistics at Lloyd’s, which reported a headline loss of £2bn and a combined loss ratio of 114% for the 2018 underwriting year.

The results coincided with recent warnings from the Lloyd’s Performance Management Director to Managing Agents that consistently loss-making syndicates will be closed down.

Find out what these results mean for particular classes of business and the insurance market as a whole by downloading our Statistics at Lloyd’s bulletin below.

Posted in News on 01/08/2018