Lloyd’s on track for sub-95% CR despite Uri, Bernd and Ida: Neal
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Lloyd’s on track for sub-95% CR despite Uri, Bernd and Ida: Neal

Rachel Dalton
26 October 2021
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Lloyd’s is still on track for a sub-95% combined ratio for 2021, despite surprisingly high losses from Winter Storm Uri, Bernd and Hurricane Ida, according to CEO John Neal.

Speaking at an online event hosted by Aon, Neal noted that Uri was an “unusual event” for Texas and said Ida “could be a $40bn cat”, exceeding most recent estimates of the event that struck Louisiana and the north-eastern...

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Rachel Dalton
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