Property reinsurance gains help Lloyd’s underwriting profits in 2022
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Property reinsurance gains help Lloyd’s underwriting profits in 2022

Fiona Robertson
23 March 2023
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Lloyd’s property reinsurance delivered a £247mn underwriting profit in 2022, up by £193mn, as reserve releases from 2017 disaster events benefitted the segment.

GWP for property reinsurance was £7.7bn in 2022, up 4.9% on the previous year.

Property reinsurance overall reported an accident year ratio of 100.5%

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Fiona Robertson
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