Lloyd’s writers moderate growth hopes for 2024
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Lloyd’s writers moderate growth hopes for 2024

Samuel Casey
16 August 2023
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Lloyd’s managing agents are budgeting for low-single-digit rate rises in 2024 and lower top-line growth than in previous years as the market looks set to hit the peak of its pricing cycle, according to a canvass of senior sources conducted by this publication.

Senior executives in the market said the pricing outlook across the Lloyd’s portfolio was mixed, with ongoing rating growth in property likely to be offset by declines in casualty and other specialty lines.

Sources

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Samuel Casey
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