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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

(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

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