Lloyd’s market message – “discipline needed in the core”

Lloyd’s delivered its Q2 Market Message on Thursday. The quarterly update was a mix of warnings of the ever-increasing risks in the market as well as Lloyd’s internal changes to guidelines and rules in order to strengthen the economic standing of syndicates. It gave a “bullish underwriting outlook”, which was supported by market fundamentals.

The key theme was that capital reserves could help temper any unexpected problems that came from this heightened risk environment.

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