Lloyd’s achieves huge jump in underwriting profit to £5.9bn as rates rise 7%

Ben NorrisMarch 7, 2024
London, London/UK - April 10 2019: City worker in the background is seen leaving the Lloyds building. Sign for Lloyds is sharp, whereas city worker is blurred for effect.
Credit: Shutterstock/Simon Vayro

Lloyd’s saw its underwriting profit more than double last year to £5.9bn from £2.6bn in 2022, helped by price rises of 7% and a much-improved combined ratio.

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Ben NorrisMarch 7, 2024
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