Operating highlights
- The Lloyd’s market paid out £19.7bn of gross claims in 2018 and has been able to meet these substantial commitments without impacting on our total resources, which remain strong at £28.2bn.
- Lloyd’s Insurance Company, in Brussels, commenced trading to allow the market to continue to support customers on the continent of Europe in a post-Brexit world.
Key figures
(£1,001m)
Loss before tax
£35,527m
Gross written premium
104.5%
Combined ratio
£504m
Investment return
(3.7%)
Pre-tax return on capital
£28,222m
Net resources
* The underwriting result is a metric that is consistently used to analyse financial performance in the Lloyd’s Market Results and/or in the Society Report. This metric (wherever used in this Annual Report) is an Alternative Performance Measure (APM), with further information available on page 184 of the full Annual Report 2018.
* The combined ratio is a metric that is consistently used to analyse financial performance in the Lloyd’s Market Results and/or in the Society Report. This metric (wherever used in this Annual Report) is an Alternative Performance Measure (APM), with further information available on page 184 of the full Annual Report 2018.
