Lloyd’s in good shape, but market ‘can’t rely on rate alone’: Tiernan
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Lloyd’s in good shape, but market ‘can’t rely on rate alone’: Tiernan

Patrick Tiernan was addressing 400+ delegates at the London Market Conference.

By Rebecca Perkins
November 13, 2025
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Jason Alden Commercial Photographer London

The Lloyd’s market remains in robust health heading into 2026, but sustained profitability will depend on its ability to combine underwriting discipline with innovation as the cycle softens, Patrick Tiernan has said.

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