Lloyd's accident year results demonstrate challenging market

There was ample evidence of the challenges facing E&S writers
in Lloyd's annual results yesterday (23 March) as the market
reported accident year underwriting losses in several lines of
business for 2015.
Lloyd's, collectively the biggest E&S writer, said that
accident year results in casualty slipped to a 104.5 percent
combined ratio, while in marine they deteriorated to 105.4
percent.
Motor and life - relatively small lines for the market -
worsened to combined ratios of 109.5 percent