Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs March 25, 2025 By L.S. Howard The Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while...
Hard Market ‘Supercycle’ Likely to Be Prolonged: Lloyd’s CEO Neal September 6, 2024 By L.S. Howard Now that the market has achieved a first-half profit of £4.9 billion with a combined ratio of 83.7—its best interim...
Lloyd’s Reports Best H1 Underwriting Profit Since 2007, With 83.7 Combined Ratio September 5, 2024 By L.S. Howard The Lloyd’s insurance and reinsurance market reported overall profit before tax of £4.9 billion (US$6.4 billion), a 25.6% increase from...
Lloyd’s of London Swings to $13.5 Billion Profit in 2023 March 28, 2024 Lloyd’s of London swung to a pre-tax profit of 10.7 billion pounds ($13.51 billion) in 2023, the commercial insurance market...
Lloyd’s Reports Banner Year in 2023 but ‘Disciplined Underwriting’ Must Be Maintained March 11, 2024 By L.S. Howard Lloyd’s strong 2023 results reaffirm the primacy of underwriting, “but it’s one year and therefore not a reason for complacency,”...
Global Fears Are Feeding Demand for Lloyd’s of London Insurance, CEO Says September 7, 2023 By Loukia Gyftopoulou Growing fears about the state of the world are pushing more people to take out insurance even as prices rise,...
Lloyd’s of London Swings to 2022 Pre-Tax Loss on Investments but U/W Profits Up March 23, 2023 Lloyd’s of London swung to a pre-tax loss in 2022 and took writedowns on its fixed-income investments, it said on...
Lloyd’s Expects 2022 Loss of $947.6M on Investments; Underwriting Results ‘Strong’ March 9, 2023 By L.S. Howard Lloyd’s reported an interim full-year 2022 loss before tax of £800 million ($947.6 million) as a result of investment losses...
Lloyd’s of London Estimates Claims From Hurricane Ian of US$2.3B-US$3B November 21, 2022 Lloyd’s announced that the market’s claims from Hurricane Ian are estimated to be in the range of US$2.3 billion –...
Lloyd’s Has Strong H1 Underwriting Profit, but Reports Overall Loss on Investment Hit September 9, 2022 By L.S. Howard While Lloyd’s reported a strong underwriting profit during the first half and its best combined ratio in five years, similar...