LLOYD’S TARGETS 15% GROWTH IN 2022

Lloyd’s is aiming to achieve premium growth of 15% in 2022 whilst urging syndicates to focus on performance and aim for a market combined ratio of under 95%. At a briefing on Lloyd’s 2022 plans, Patrick Tiernan, the corporation's head of markets, said he was satisfied Lloyd’s had the right balance between its long-term vision and current prevailing market conditions.