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Annual Results 2020

Lloyd's has announced its Annual Results for the period ending 31 December 2020 on 31 March 2021

Annual Results 2020

31 Mar 2021

Key figures

£35.5bn

Gross written premium

97.0%

Combined ratio (ex-COVID-19)

5.1%

Improvement in combined ratio (ex-COVID-19)

10.8%

Risk adjusted rate increases

£21.4bn

Gross claims paid

£6.2bn

Gross COVID-19 claims forecast

£2.3bn

Net investment income

£33.9bn

Net resources

209%

Central solvency ratio

Lloyd’s 2020 Full Year Results

Lloyd’s Chief Financial Officer, Burkhard Keese, talks us through Lloyd’s 2020 Full Year Results.