Liberty 4472 combined ratio hits 99.3% in 2022 as Ian and Ukraine claims bite
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Liberty 4472 combined ratio hits 99.3% in 2022 as Ian and Ukraine claims bite

Samuel Casey
04 April 2023
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Liberty Syndicate 4472 posted a combined ratio of 99.3% in 2022, up almost 10 points from the prior year, as net claims from Hurricane Ian and the war in Ukraine cost close to £250mn ($313mn).

Liberty reported net claims of £147.1mn for Hurricane Ian and £102mn for the Russia-Ukraine conflict.

The underwriting profit came in at £8.1mn,

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Samuel Casey
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