Liberty 4472 posts 89.4% combined ratio, but profits slide 43% to £89.7mn

15 March 2022

Liberty Specialty Markets Syndicate 4472 shaved more than nine points off its combined ratio in 2021, posting a figure of 89.4%, although pre-tax operating income declined by 43% to £89.7mn ($117mn).

The results compare with a combined ratio of 98.5% in 2020 and pre-tax operating income of £157.1mn.

Liberty declined to provide further details about the reduction in profits.

The

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