Lloyd’s of London, the city’s specialist market for insurance, has warned that the war in Ukraine will represent a “major claim” this year as it swung back to profit last year.
In annual results announced on Thursday, Lloyd’s said the market had made an aggregate £2.3bn pre-tax profit last year, as higher premiums and much-reduced losses from the Covid-19 pandemic had outweighed a costly year for natural catastrophes.
That marked a recovery from the £900mn loss in 2020, when Lloyd’s was stung by billions of pounds in pandemic-related claims and expected claims in areas such as business interruption and event cancellation.
您已阅读23%（628字），剩余77%（2064字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。