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Thursday, March 9, 2023

Lloyd’s Expects 2022 Loss of $947.6M on Investments; Underwriting Results ‘Strong’

Lloyd’s reported an interim full-year 2022 loss before tax of £800 million ($947.6 million) as a result of investment losses of approximately £3 billion ($3.6 billion). This compares to a profit of £2.3 billion ($2.7 billion) and investment income of …

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