Lloyd’s targeting sub-50% attritional loss ratio: Keese
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Lloyd’s targeting sub-50% attritional loss ratio: Keese

Catrin Shi
31 March 2021
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Lloyd’s believes that the market must continue pushing underwriting discipline and rate to bring the attritional loss ratio below 50% if it is to counteract the ultra-low interest rate environment in the coming years, according to CFO Burkhard Keese.

Lloyd’s today reported aggregated market results for 2020, which showed headline numbers severely impacted by Covid-19 and cat losses but some improvement in the underlying underwriting result.

The

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