Lloyd’s ‘A+’ Affirmed

The “A+” insurer financial strength rating (FSR) on U.K.-based Lloyd’s insurance market was affirmed by Standard & Poor’s (S&P), which indicated that, despite poor results currently reported by Lloyd’s, it maintains its attractiveness as a marketplace, with a robust capital base and strong oversight provided by its regulatory management. S&P also stated that the rating might be lowered if there should be a weakening of Lloyd’s potential to deliver strong returns to its members.