Booming property market boosts Lloyd’s underwriting
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Booming property market boosts Lloyd’s underwriting

Samuel Casey
07 September 2023
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Highly attractive underwriting conditions in the property market helped propel Lloyd’s to its strongest H1 results since 2007, with GWP up 39% to £11.2bn ($14bn) in the property line and the combined ratio falling 13 points to 83%.

The division posted the strongest underwriting result of the Lloyd’s segments with a figure of £752mn, followed by reinsurance business, which reported an underwriting result of £650mn.

Lloyd’s

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Samuel Casey
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