The “A+” insurer financial strength rating (FSR) on U.K.-based Lloyd’s insurance market was affirmed by Standard & Poor’s (S&P), which indicated that, despite poor results currently reported by Lloyd’s, it maintains its attractiveness as a marketplace, with a robust capital base and strong oversight provided by its regulatory management. S&P also stated that the rating might be lowered if there should be a weakening of Lloyd’s potential to deliver strong returns to its members.
Topics Excess Surplus Lloyd's
Was this article valuable?
Here are more articles you may enjoy.
One Weather Firm Warns New England Could See Big Hurricane This Season 
FDA Walks Back Positive Lab Test in Lettuce Cyclospora Outbreak 
Q2 Net Income at Travelers Soars 46% on Less Catastrophes, Favorable Reserves 
New Jersey E-Bike Registration, Insurance Requirements Now in Effect From This Issue
