Lloyd's: A period of adjustment

Lloyd's of London now houses 57 managing agents and 87 syndicates in its Lime Street headquarters, and has offices in 35 countries, demonstrating the scale of its operation in 2013. But with the increasing globalisation of business and trading models, evolving distribution strategies and intrusion from regulators, London market players and investors need to be assured Lloyd's has what it takes to be a competitive place to conduct and attract business in the future.

How is Lloyd's responding to regulatory changes, international competition and the potential threat posed by passive underwriting structures? Post's article investigates.