Lloyd's supportive of syndicates that expect to turn motor profit
Lloyd’s motor book produced a calendar year combined ratio of 106.4% (2013: 108.6%) in a market described as competitive by Lloyd’s director of finance, John Parry.
Speaking at Lloyd's 2014 results briefing, Parry said the motor book, which delivered £1.21bn in gross written premium (2013: £1.18bn), consists of niche business that "would not go head to head with
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