Cost of cover will continue to rise at Lloyd’s: S&P

John Neal, CEO of Lloyd’s

Risk managers that use the Lloyd’s market for specialty coverage can expect continued pressure from insurers to raise prices throughout 2019 as the market maintains its hard-line approach, with loss-hit lines most affected, according to credit ratings agency Standard & Poor’s (S&P). S&P Global Ratings has revised its outlook on Lloyd’s, the Society of Lloyd’s and its core subsidiaries to…

Please register or login to view the full post