Lloyd’s underwriter says broader strategic review is continuing

Lloyd's of London

Lloyd’s underwriter Marketform said it has completed strategic review of its underwriting business with the recent transfers of its UK and International medical malpractice businesses and its decision to cease writing general liability.

However, it said its broader strategic review is continuing.

The Lloyd’s underwriter said it is sticking to its current underwriting lines of Accident and health, travel, bloodstock and livestock, cargo, financial lines, marine and energy liability, marine hull and war, mergers and acquisitions, political risks and trade credit, professional indemnity and terrorism and political violence.

, Travel; Bloodstock & Livestock; Cargo; Financial Lines; Marine & Energy Liability; Marine Hull & War; Mergers & Acquisitions; Political Risks & Trade Credit; Professional Indemnity; and Terrorism & Political Violence.

“We are pleased that we can move forwards with both confidence and certainty now that we have concluded our underwriting strategic review and stabilised the in-force portfolio,” said chief executive Martin Reith. “We are now in a position to build upon these solid foundations as we look to put in place the rest of the platform that will enable Marketform to deliver on its potential as a business.”