London market in 2021: Profits rise, but sustainability the focus

21 December 2021

Despite coronavirus rearing its head once again in recent weeks, 2021 was a year in which the London market moved on from the challenging pandemic losses that had dominated discussion in 2020 and began to bear the fruits of multi-year remediation efforts.

Lloyd’s is eyeing a healthy underwriting profit for the year, and business is booming for the major brokers.

As new capital begins to make its presence felt in the sector and concern grows about the impact of climate change on...

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