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Lloyd’s syndicates returned to profit in 2021 – Insurance DataLab

By 2022-09-20T12:42:00

Lloyd's of London inside

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The non-life underwriting syndicates that make up the Lloyd’s market reported an underwriting profit of £1.2bn for 2021, according to the latest analysis of individual syndicate accounts by market intelligence firm Insurance DataLab (IDL).

This combined figure represents a return to profit for the Lloyd’s market and a £3.3bn improvement from the previous year – In 2020, Lloyd’s syndicates posted a combined loss of £2.1bn.

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