At the end of 2023, Lloyd’s published its roadmap on insuring the transition, which set out Lloyd’s proposed approach for the next three years across all areas of sustainability for the market, including underwriting, investments, exposure management and capital and reserving.
The document was issued as a consultation, where managing agents, brokers, market association, academic institutions, and Non-Governmental Organisations (NGO’s) were able to provide feedback on this fast-moving and nuanced challenge. The consultation closed at the end of January 2024, with version 2.0 of the roadmap, which responded to feedback being published in July 2024.
To request version 2.0 of Lloyd’s Insuring the Transition Roadmap, please email us.