Lloyd’s head of portfolio risk management Kirsten Mitchell-Wallace has told the market that there is no room for complacency on nat cat risks as a significant part of the portfolio is now exposed to the risk.
Speaking
Non-peak risks now ‘material perils’ for Lloyd’s: Mitchell-Wallace
There has been a 21% increase on a gross basis and a 62% increase on a one-in-200 final net basis for non-peak perils