Lloyd’s reports lower profit in 2024 with higher claims ratio from disasters

Lloyd’s reports lower profit in 2024 with higher claims ratio from disasters


Lloyd’s 2024 results

Gross written premium for the year, meanwhile, rose to £55.5 billion, up from £52.1 billion in 2023, representing a 6.5% increase. The growth was driven primarily by an 8.5% rise in volume, including 7.6% from existing syndicates and 0.9% from new entrants.



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