Lloyd 's of London has issued a six - point plan for companies to prepare for a cataclysmic event that could test the insurance industry 's resilience . Following a test of the UK insurance industry 's ability to deal with multiple market - turning events last year , Lloyd 's has said its members and shareholders should have measures in place to deal with a real global catastrophe , such as the 9/11 terror attacks , in an orderly manner . Jon Hancock , Lloyd 's director of performance management , said the company must " make sure the Lloyd 's market is in a position to respond swiftly and decisively to any future market - turning event " .
Lloyd's of London has issued a six-point plan for companies to prepare for a cataclysmic event that could test the insurance industry's resilience. Following a test of the UK insurance industry's ability to deal with multiple market-turning events last year, Lloyd's has said its members and syndicates should have measures in place to deal with a real life catastrophe, such as the 9/11 terror attacks, in an orderly manner. Jon Hancock, Lloyd's director of performance management, said the companies must "make sure the Lloyd's market is in a position to act swiftly and decisively to any future market-turning events".