Lloyd's 2022: Casualty market returns to profit
Casualty's combined ratio improves 6.6 points to 93.7% and its accident-year ratio falls 3.9 points to 91.7%, with gross written premiums up 25% to £12.99bn in 2022, Lloyd's reports
Casualty class swings to underwriting profit of £536m for last year, compared with a loss of £17m in 2021, but Lloyd’s warns of softening rates and inflation risk