Magazine date:
Jul 2020 
Fitch Ratings [4] has confirmed the financial strength rating of "AA-" (very strong) assigned to the Lloyd's of London. The outlook has been upgraded from negative to stable.
The rating agency has justified its decision by the adequate capitalization of Lloyd's [5] members at the end of June 2020. For Fitch Ratings, the reinsurer is well positioned to face the losses caused by Covid, estimated at 3 billion GBP (3.6 billion USD).
The rating also reflects the performance improvement achieved by the reinsurer outside Covid-19.