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Natural catastrophes (Nat Cats)

No major impact on insurers by inflation: report

Plenum Investments’ 2022 half year report has shown that inflation has not had a serious impact on the insurance sector, except for UK motor insurers, and higher interest rates gave led to an improvement in Solvency II positions.

Lloyd’s profits approach £3bn

Lloyd’s has announced a profit of £2.77bn for 2012, reversing a loss of £516m in 2011. The market also saw an improvement in its combined ratio to 91.1%.

Catlin soars into profit

Catlin Group has reported profits of $231m [£148.3m] for the first six months of 2012, as opposed to a loss of $201m in the same period last year.

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