Lloyd’s’ 2021 underwriting profit is sustainable, says Moody’s

Market fixes ‘Achilles heel’ with first underwriting profit in five years

Lloyd’s has fixed its “Achilles heel” with the market's return to profitability in 2021, according to Moody’s Investors Service, which said the recent improvements in underwriting at Lloyd’s are sustainable despite headwinds such as inflation, the war in Ukraine and climate change risks.

Moody’s ...

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