Lloyd’s posts ‘stellar’ 91.9% combined ratio for preliminary 2022 results
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Lloyd’s posts ‘stellar’ 91.9% combined ratio for preliminary 2022 results

Samuel Casey
08 March 2023
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Lloyd’s has reported a combined ratio of 91.9% for 2022, an improvement of 1.6 percentage points on 2021 despite a year where Ukraine and Hurricane Ian related claims reached £3.6bn, in a set of preliminary results hailed as “absolutely stellar” by CFO Burkhard Keese.

Lloyd’s said the underwriting performance improved more than expected despite a major claims ratio of 12.7% that included losses arising from Hurricane Ian and the conflict in Ukraine.

Ukraine

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Samuel Casey
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