JP Morgan ILS cell supports Lloyd’s £650mn central fund reinsurance
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JP Morgan ILS cell supports Lloyd’s £650mn central fund reinsurance

Fiona Robertson
17 June 2021
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A photograph of the Lloyds Building in London from ground up

Lloyd’s has raised a £650mn ($760mn) five-year reinsurance cover for its Central Fund, including an ILS component through a cell structure backed by JP Morgan.

The Corporation said the cover would support “sustainable, profitable long-term market growth” by protecting against severe tail-risk events and improving its central solvency ratio.

It

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Fiona Robertson
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