News Reinsurance09 Sep 2022

Lloyd's:Strong underwriting performance overshadowed by mark-to-market losses

| 09 Sep 2022

Despite Lloyd's market's provisions of GBP1.1bn ($1.3bn) for claims relating to the Russia-Ukraine conflict in 1H2022, S&P Global Ratings (S&P) says that it expects Lloyd's underwriting results to remain in line with its expectation of a 95% net combined ratio for the financial year ending 31 December 2022.

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