Lloyd’s Reports Combined Ratio of 92.5% on Drop in H1 Underwriting Result

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Insurance Journal - Sep 04, 2025

Lloyd’s first half underwriting result dropped by half to £1.5 billion ($2.0 billion) from £3.1 billion ($4.2 billion) in H1 2024, which was driven primarily by claims from January’s California wildfires. The market’s combined ratio rose to 92.5% (compared with …...

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