Lloyd's market will lose money soon: Drysdale

The Lloyd's market will lose money in the near future as soft
pricing continues to pile margin pressure on carriers, Atrium
Syndicate 609 active underwriter Toby Drysdale warned investors
yesterday.
Speaking at the Association of Lloyd's Members autumn
conference, Drysdale said it would be much harder this year for
carriers to continue to be "lucky".
"All the underwriters you speak to will tell you that now
is not the time to be increasing your investment in
Lloyd's," he told the...