Lloyd's of London's premiums up over 19%
Posted On: Mar. 10, 2023 9:42 AM CST![Lloyd's of London](https://bicontent.businessinsurance.com/32fc9804-3a02-4543-b8c0-a25423fcb34e.jpg)
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%.