Belarus and Russia represent ‘less than 1%’ of Lloyd’s business
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Belarus and Russia represent ‘less than 1%’ of Lloyd’s business

Luke Harrison
16 March 2022
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A photograph of the Lloyds Building in London from ground up

Russia and Belarus represent less than 1% of business transacted by Lloyd's, according to statement on the Corporation’s website responding to the war in Ukraine.

Taking Lloyd's 2021 planned premium of £41bn ($54bn) as a proxy, this would represent around £410mn of premium or less.

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