CNA’s Lloyd’s arm slumps to a 2020 loss despite improvement initiatives
Despite cutting back unprofitable lines, a change of management and buying more reinsurance, the Lloyd’s arm of US insurer CNA fell to a 111 percent combined ratio loss in 2020.
Despite cutting back unprofitable lines, a change of management and buying more reinsurance, the Lloyd’s arm of US insurer CNA fell to a 111 percent combined ratio loss in 2020.