Lloyd's, Non-life, Ratings, Reinsurance

AM Best affirms Labuan Re’s ‘excellent’ ratings following improvement in combined ratio

Nat Cats have resulted in combined ratio of 105.6% over the last 5 years, but product initiatives, hard reinsurance market, and strategic reduction in Lloyd's business should see continued improvement in the medium term.

Editorial team

October 26, 2023

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2 min read

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