200 mn business is not very much to be honest. Nobody goes to Lloyds to insure their run of the mill cyber risk, they go to insure bespoke risk. A handful of claims for them could erase the 200 mn premiums easily, so I’d say the article should say: “Lloyds will ONLY not write 200 mn”
Bluepurple Pulse: week ending March 26th
200 mn business is not very much to be honest. Nobody goes to Lloyds to insure their run of the mill cyber risk, they go to insure bespoke risk. A handful of claims for them could erase the 200 mn premiums easily, so I’d say the article should say: “Lloyds will ONLY not write 200 mn”