Financial results 2010
Lloyd's, the world's leading specialist insurance market, announced its financial results for the period ending 31 December 2010 on Wednesday 30 March 2011.
Overview of results
- Lloyd’s achieved a profit before tax of £2,195m (2009: £3,868m) and a combined ratio of 93.3% (2009: 86.1%). The reduction in profits reflects the increase in catastrophe related claims, particularly the Chilean earthquake in February and the prevailing low interest rate environment.
- Gross premium income remained steady at £22,592m (2009: £21,973m) as Lloyd’s strong ratings and licence network brought more opportunities balanced against slightly softening market conditions.
- Central assets at record level of £2,377m (2009: £2,084m) following significant recoveries from insolvent members as legacy issues are resolved.
Further information on Lloyd's 2010 annual results
Analyst presentation
A meeting for investment analysts and debt holders took place on Wednesday 30 March 2011 at Lloyd's, One Lime Street.
On-demand webcast (opens in a new window)
2010 annual results presentation (140KB, pdf)
Presentation transcript (140KB, pdf)
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