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Lloyd’s of London reports COR of 91.4% for H1 2022

By 2022-09-09T13:31:00

Lloyds blue sunny

The market also achieved an underwriting profit of £1.2bn for the period

Lloyd’s of London has posted a combined operating ratio (COR) of 91.4% for the first half of 2022, according to the market’s financial results released yesterday (8 September 2022).

This result signifies an improvement from H1 2021, when Lloyd’s of London’s COR sat at 92.2%. John Neal, the market’s chief executive, said that this improvement of 0.8 percentage points marked “the strongest [result] since 2015”.

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