Lloyd's of London back from the brink

high net worth clients

Following much-publicised losses due to asbestos claims and 11 September, Lloyd's has restructured itself and, in a market of low interest rates and investment returns, now represents an enticing proposition for wealthy clients

It is axiomatic that good advice is seldom heeded. Lloyd's of London has re-emerged from its troubled recent past as one of the top performing insurance businesses in the world and will shortly announce its second successive set of strong profits on an annually accounted basis. Private investors and their advisers should take another look at investing in Lloyd's. Until recently, many high net worth private investors and their advisers have shied away from Lloyd's. But, in an era of low investment returns, all insurers must target an underwriting profit and Lloyd's is ideally placed to take...