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Canada market update

10 Oct 2022

Marc Lipman, Attorney in Fact in Canada for Lloyd’s Underwriters and President, Lloyd’s Canada, recently presented an update to Lloyd’s Managing Agents and Brokers in the Old Library in London

In his presentation he covered the current economic and political conditions in Canada as well as implications for the development of the insurance and reinsurance sector. 

Premium income to Lloyd’s from Canada grew by 22% in 2021 (to CA$5.35 billion) and Lloyd’s continues to hold its position as the largest direct writer of commercial risks.

In the video below Marc provides a summary of his market update from Canada. 

Lloyd’s in Canada

Find out more about Lloyd’s in Canada.