Coverys 1991: another smaller syndicate closes as Lloyd’s caps growth ambitions

Published: Tue 17 Nov 2020

Coverys’ Syndicate 1991 has become the latest in a string of market exits since the Corporation launched remedial action to turn around Lloyd’s performance in May 2018, with the clampdown exacerbated by the retrenchment of some capital providers and an inability to source sufficient profitable premium.