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Market performance

Operating highlights

  • Lloyd’s reported a profit before tax of £1,667m (June 2013: £1,379m) and a combined ratio of 88.2% (June 2013: 86.9%).
  • Capital, reserves and subordinated loan notes stand at £20,719m (June 2013: £20,873m).
  • Lloyd’s financial strength rating was upgraded by Fitch Ratings to AA- (Very Strong), our A.M. Best rating remains A (Excellent) and our Standard & Poor’s rating remains at A+ (Strong). We are currently on positive outlook with A.M. Best and Standard & Poor's, and on stable outlook with Fitch.

£14,863m

Gross written premium

£1,667m

Results before tax

£20,719m

Capital, reserves and subordinated debt and securities

£2,475m

Central assets

16.5%

Return on capital

88.2%

Combined ratio

Press releases

Three versions have been produced for the media which can be accessed via the links below: