Lloyd’s suffered a loss for the second year in a row last year. The oldest insurance company in the world suffered from natural disasters such as hurricanes, a typhoon in Japan and fires in the United States.
The loss amounted to 1 billion pounds. That is, however, half the number of what’s lost in 2017. The return on investments amounted to £ 500 million. That was £ 1.8 billion in 2017.
CEO John Neal also said that Lloyd’s “determined” is an end to harassment in the workplace. Last week Bloomberg news agency reported that the corporate culture at LLoyd’s has been seriously compromised and that there is systematic harassment, from inappropriate comments to assault.