Lloyd's earns postive ratings outlook after coping with record cat activity

Lloyd's building

A.M. Best has revised Lloyd’s outlook to positive from stable and affirmed the financial strength rating of ‘A’ (excellent) and issuer credit ratings of ‘A+’.

At the same time, the ratings agency has revised the outlook to positive from stable and affirmed the ICR of ‘A' of the Society of Lloyd's and the debt ratings of ‘A-‘ on the subordinated loan notes

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Hiscox hits 2024 UK growth target

The growth of Hiscox’s UK retail business gathered momentum over the course of 2024, finishing the year just within the insurer’s 5% to 15% target range, according to its results announcement.

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