At a glance
Our excellent capital strength reaffirms that Lloyd's remains in robust financial shape. Lloyd’s entered 2019 in a secure position following 2018’s result, which reflects ongoing challenging underwriting and investment market conditions
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