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International

Lloyd's insurance prices likely to rise

January 11, 2018 Reprints

Analysts at U.K.-based consultancy firm Peel Hunt L.L.P. said that Lloyd's of London "turned a corner" at the start of 2018 with insurance prices expected to be on the rise during the year, City A.M. reported. Insurance brokers at Peel Hunt said that Lloyd's delivered single-digit rate increases at the start of the year after hitting cyclical lows in 2017 due to several natural catastrophes in the second half. Andreas van Embden, analyst at Peel Hunt, said that the pricing cycle should harden further despite excess capital in the sector.

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Lloyd's insurance prices likely to rise

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