Milton: Day-after mark-to-market favourable for Lloyd’s
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Milton: Day-after mark-to-market favourable for Lloyd’s

A more residential-skewed loss would impact Lloyd’s carriers in treaty where market share is lower.

By Fiona Robertson
October 11, 2024
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ALAMY hurricane milton lloyds london building 2024.png

Hurricane Milton’s near-miss on Tampa has thrown out the Lloyd’s realistic-disaster-scenario-type loss scenarios that were previously feared, and early expectations for industry losses were coalescing towards the $40bn-$50bn range, as we reported yesterday.

Some

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Analysis Property Lloyd's Florida
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