Lloyd’s confirms 91.9% CoR for 2022 as CEO Neal eyes £56bn GWP for 2023
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Lloyd’s confirms 91.9% CoR for 2022 as CEO Neal eyes £56bn GWP for 2023

Marcel Le Gouais
23 March 2023
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A photograph of the Lloyds Building in London from ground up

Lloyd’s has posted a combined ratio of 91.9% and a £2.6bn ($3.2bn) underwriting profit for 2022, confirming preliminary results for an underwriting performance that CEO John Neal described as “outstanding” following years of remediation.

Lloyd’s annual report stated that the continued improved performance on 2021 has been fuelled by a strong combined ratio and “an exceptional capital position”, factors the report said were driven by the market’s greater attention to underwriting discipline and...

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Marcel Le Gouais
Deputy Editor
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