Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018
- 27 March 2018
2005 and 2017 felt like very similar years, right down to the three-letter abbreviations that defined them.
And for Lloyd's, HIM really is equal to KRW.
Lloyd's 2017 investor presentation has reindexed its £3.3bn ($4.7bn) 2005 cats to £4.6bn in today's money - broadly equivalent to the £4.5bn recorded from 2017's major losses.
To all intents and purposes the cat hit was equal. Does that mean everything else should be the same?
Let's travel back in time and have a...
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