Login Register Subscribe
Current Issue

Rates adequate in Lloyd's market at January renewals: Peel Hunt


Analysts at U.K.-based advisory firm Peel Hunt L.L.P. said that although the insurance and reinsurance rates in the Lloyd's of London market declined at the Jan. 1 renewals, they remained technically adequate, Artemis.bm reported.

The analysts said that the normalized returns in the market are nearing cost-of-capital across the Lloyd's sector.

The Lloyd's market experienced rate declines of 2.5% to 15% across reinsurance lines in January.

Read more