CFC 1988 posts 80.9% 2023 CoR as profits double to $55.1mn
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CFC 1988 posts 80.9% 2023 CoR as profits double to $55.1mn

CFC noted that growth moderated amid increased competition in cyber.

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CFC_logo_lloyds_london_2021.jpg

CFC Syndicate 1988 posted a combined ratio of 80.9% in 2023 and a calendar year profit of $55.1mn.

The combined ratio improved from a figure of 83.5%

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