March 12, 2020 / 11:27 AM / a month ago

Lloyd's of London to shut market for a day Friday-CEO

LONDON, March 12 (Reuters) - The 330-year old Lloyd’s of London market will shut its underwriting floors on Friday for a day in a test of emergency protocols related to the coronavirus, Chief Executive John Neal said on Thursday.

This would be the first time Lloyd’s has shut its underwriting floors, where brokers and insurers agree deals face-to-face, Neal told a media call.

Reporting by Carolyn Cohn

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