Lloyd’s property reinsurance returns to underwriting profit in 2021

24 March 2022

X
LinkedIn
Show more sharing options

Lloyd’s major loss burden came to £3bn in 2021, half the level recorded in 2020, as Hurricane Ida drove the bulk of claims.

This came as its property reinsurance and insurance segments returned to underwriting profit on a calendar-year if not accident-year basis, and the market overall delivered a £2.3bn

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

Gain a competitive edge and accelerate decision-making
Be empowered by insights that transform confusion to clarity
Uncover growth opportunities and prepare for potential threats

Request a free trial Already a subscriber? Login now

Lloyd’s property reinsurance returns to underwriting profit in 2021

Lloyd’s major loss burden came to £3bn in 2021, half the level recorded in 2020, as Hurricane Ida drove the bulk of claims.

Fuel a smarter strategy with our actionable market intelligence

Topics

Most Recent

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM

Lloyd’s property reinsurance returns to underwriting profit in 2021

Lloyd’s major loss burden came to £3bn in 2021, half the level recorded in 2020, as Hurricane Ida drove the bulk of claims.

Login to continue

Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM