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Lloyd’s of London to Test Continuity Measures Due to Coronavirus
Lloyd’s of London to Test Continuity Measures Due to Coronavirus
12 Mar 2020, 05:43 PM IST
(Bloomberg) --
(Bloomberg) --
Lloyd’s of London today announced a ramping up of business continuity preparations and “reassurance for the market, employees and customers” in the event of an escalation of contingency measures because of Covid-19, according to a statement.
It will test the resilience of the market on Friday, March 13, by closing the Underwriting Room at 1 Lime Street in London for 24 hours in order to test alternative trading protocols.
To contact the reporter on this story: Colin Keatinge in London at ckeatinge@bloomberg.net
To contact the editors responsible for this story: Sunil Kesur at skesur@bloomberg.net, Carla Canivete
©2020 Bloomberg L.P.
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