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Lloyd’s of London expecting to pay out £5bn in claims, despite reporting stronger solvency position

Dear All,
Good morning, I trust everyone’s Monday went well.

Further news to share, that during the period of COVID-19, Lloyd’s of London have announced losses of circa 5bn, with 2bn covered by reinsurers.

On the positive side, there solvency is in a strong position, but we do still need to consider a couple points:

1. Possible second wave of COVID-19
2. How we do we plan a recovery to regenerate the losses we occurred

https://lnkd.in/gWNx88Z

One of the key drivers is transforming your data ecosystem into a robust model to help manage these crises, by understanding beforehand the triggers (also know as the metric drivers). With our expertise, this is where ARGenesis can really help organisations!

Best regards
Asif J.
Ali Bayramov
Chris Daniels

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