Launch of Lloyd's index may be delayed

An insurance index being developed by Lloyd's is behind
schedule, the Corporation's chairman John Nelson has said.
The index, based on loss ratios reported by syndicates, was due
to be launched in mid-2016.
But speaking at an Insurance Institute of London lecture in the
Lloyd's Old Library late last month (28 April), Nelson said its
development was taking longer than expected.
"We are working on it very hard at the moment. I will be
frank - it's taking a bit...