Lloyd's of London CEO Talks Insurance Outlook, UK Economy

The insurance marketplace Lloyd's of London reported profit before tax of £9.6 billion for last year, down £1.1 billion from 2023. Premiums are rising, as insurers watch how global uncertainty over trade, and other challenges like climate change, will affect their industry in the coming year. Lloyd's of London CEO John Neal spoke to hosts Stephen Carroll and Caroline Hepker on Bloomberg Daybreak Europe.See omnystudio.com/listener for privacy information.