Lloyd’s ‘quietly confident’ of strong 2024 growth and underwriting: Neal
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Lloyd’s ‘quietly confident’ of strong 2024 growth and underwriting: Neal

Lloyds building.jpg

Lloyd’s is “quietly confident” strong growth and underwriting results will persist through 2024, given the current point in the market cycle, according to CEO John Neal.

Neal said he did not expect further deterioration in the underlying loss ratio as the market continued to grow, noting that the market was at an “unusual point” in the cycle, with increased perception of risk leading global insurance...

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