Lloyd’s to shut underwriting room aside from Wednesdays
Lloyd’s of London will close its subscription room every day except Wednesday, the insurance market announced on Monday. The decision came after London subjected to stricter COVID-19 level 4 restrictions over the weekend.
Lloyd’s also only opened the drawing room on Wednesdays during a national lockdown last month.
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The underwriting floor has been closed for nearly six months since the pandemic began in March, but insurers preparing for the January renewal season are eager to do personal deals, Reuters reported.