’I believe it’s better to give guidance that is really achievable,’ says chief financial officer
Lloyd’s of London chief financial officer Burkhard Keese has said “uncertain times” led to the market forecasting a more cautious combined operating ratio (COR) for 2023.
The insurer reported a COR performance of 91.9% in its full 2022 results (published last week on 23 March 2023), an improvement from the 93.5% recorded in 2021.
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