Lloyd's of London expects to play a key role in the future of the Chinese insurance market. That's the claim of one its senior managers.

Speaking in Shanghai, Lloyd's strategy head James Sutherland, underlined Lloyd's commitment to the Chinese market.

He said:"Lloyd's has a long tradition of providing reinsurance capacity to the Chinese insurance
market and would like to be able to develop that capability so that it can do so in local currency as well as the existing US dollar business it currently writes."

Sutherland explained that Lloyd's are exploring ways of overcoming the mis-match between Lloyd's legal structure and Chinese legislation. However the organisation plans to utilise its global experience to overcome the difficulties.

Sutherland added: "Lloyd's has a long tradition of providing reinsurance capacity to the Chinese insurance
market and would like to be able to develop that capability so that it can do so in local currency as well as the existing US dollar business it currently writes."

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.