Luke Savage speaks about the Lloyd's

While Europe's current shaky economy is doing damage to many businesses, there are some industries and organisations who have found themselves relatively sheltered from the troubles.

For instance despite the current market conditions, Lloyd's of London is seeing their best capitalisation ever and strong syndicate growth, suggesting they are in a good position to brace whatever happens in Europe.

Luke Savage credits the strong performance to two main factors. Firstly, insurance itself is a relatively durable product which tends to maintain it's demand even in times of economic trouble. Secondly, Savage says a conservative investment base at Lloyd's gives them minimal exposure to risk.

News Insurance spoke with Luke Savage of Lloyd's to find out more about why they are doing so well.

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Category:

News & Politics

Tags:

• Luke Savage
• Lloyd's
• syndicates
• insurance