Lloyd’s revises cat exposure and line size guidance to £200mn limit

Martha Muir

23 June 2022

Lloyd’s has revised its guidelines on tail catastrophe risk exposure and maximum line sizes to ensure syndicates do not expose the Central Fund to disproportionate risk in relation to individual syndicate losses.

In a market bulletin released this week, it outlined four main changes including limiting maximum line sizes to £200mn.

Firstly,

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