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Lloyd's of London's premiums up over 19%

Posted On: Mar. 10, 2023 9:42 AM CST

Lloyd's of London

Lloyd's of London's gross written premium increased by over 19% to more than £46 billion ($54.67 billion) in 2022, driven by a combination of organic growth, direct price increases and the strong U.S. dollar, Asia Insurance Review reported. The marketplace’s underwriting performance increased by 1.6 percentage points to deliver a combined ratio of 91.9%.