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.
Trucking Companies Confront Mounting Diesel, Insurance, Debt Costs 
Binance’s $6.3 Billion Hack: How Crypto Insurance Works 
Florida Agency Owner and Unlicensed Agent Charged in Fake Certificates Scheme 
How Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage From This Issue
