Lloyd’s Preliminary Full Year Results – March 2024
LONDON, 7th March 2024 – Lloyd’s announced a Preliminary FY 2023 underwriting profit of £5.9bn (FY 22: £2.6bn) on a combined ratio of 84% (91.9%), and an investment return of £5.3bn (loss of £3.1bn).
SRL commented that the underwriting result was in line with its expectation of a combined ratio of around 85% (Lloyd’s Monitor December 2023). The result benefited from a significant reduction in major losses to 3.5% NPE (12.7%) reflecting the level and nature of catastrophe activity in the year as well as Lloyd’s re-underwriting of Cat risk since 2017. The attritional loss ratio and the expense ratio were both stable at 48.3% (48.4%) and 34.4% (34.4%) respectively.
The significant investment return improvement of £8.4bn reflects both the higher interest rate environment and the unwind of the mark-to-market accounting treatment on fixed income portfolios.
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Syndicate Continuity Opinions (SCOs) – taking into account cross-cycle Returns on Capital and Group support – have been assigned to active syndicates representing some 65% of the market’s capacity, with quantitative Scorecard Indicators assigned to syndicates representing c.94% of the market’s capacity.
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Date | Document Type | Title | |
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13 Mar 2024 | Lloyd's Market Information | Indicative Syndicate Capacities | |
06 Mar 2024 | Syndicate Profile | Syndicate 1492 | |
06 Mar 2024 | Syndicate Profile | Syndicate 2024 | |
22 Feb 2024 | Syndicate Profile | Syndicate 1880 | |
22 Feb 2024 | Syndicate Profile | Syndicate 0510 | |
15 Feb 2024 | Lloyd's Market Report | Lloyd’s Monitor February 2024 | |
14 Feb 2024 | Syndicate Continuity Opinions Executive Summary | Summary Continuity Opinions Research | |
14 Feb 2024 | Lloyd's Market Information | Syndicates and Sub-Syndicates Trading at Lloyd's | |
14 Feb 2024 | Lloyd's Market Information | Managing Agencies Trading at Lloyd's | |
14 Feb 2024 | Data / Peer Analysis | Lloyd's Syndicate Peer Data | |
14 Feb 2024 | Syndicate Profile | Syndicate 1996 | |
13 Feb 2024 | Syndicate Profile | Syndicate 6134 | |
13 Feb 2024 | Syndicate Profile | Syndicate 6117 | |
13 Feb 2024 | Syndicate Profile | Syndicate 6107 | |
13 Feb 2024 | Syndicate Profile | Syndicate 6104 | |
13 Feb 2024 | Syndicate Profile | Syndicate 6103 | |
13 Feb 2024 | Syndicate Profile | Syndicate 5886 | |
13 Feb 2024 | Syndicate Profile | Syndicate 5623 | |
13 Feb 2024 | Syndicate Profile | Syndicate 5183 | |
13 Feb 2024 | Syndicate Profile | Syndicate 5000 | |
13 Feb 2024 | Syndicate Profile | Syndicate 4747 | |
13 Feb 2024 | Syndicate Profile | Syndicate 4711 | |
13 Feb 2024 | Syndicate Profile | Syndicate 4472 | |
13 Feb 2024 | Syndicate Profile | Syndicate 4444 | |
13 Feb 2024 | Syndicate Profile | Syndicate 4242 | |
13 Feb 2024 | Syndicate Profile | Syndicate 4141 | |
13 Feb 2024 | Syndicate Profile | Syndicate 4020 | |
13 Feb 2024 | Syndicate Profile | Syndicate 4000 | |
13 Feb 2024 | Syndicate Profile | Syndicate 3902 | |
13 Feb 2024 | Syndicate Profile | Syndicate 3624 | |
13 Feb 2024 | Syndicate Profile | Syndicate 3623 | |
13 Feb 2024 | Syndicate Profile | Syndicate 3622 | |
13 Feb 2024 | Syndicate Profile | Syndicate 3456 | |
13 Feb 2024 | Syndicate Profile | Syndicate 3010 | |
13 Feb 2024 | Syndicate Profile | Syndicate 3002 | |
13 Feb 2024 | Syndicate Profile | Syndicate 3000 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2999 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2988 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2987 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2880 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2791 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2786 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2689 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2623 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2525 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2488 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2358 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2357 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2232 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2121 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2024 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2019 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2015 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2012 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2010 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2003 | |
13 Feb 2024 | Syndicate Profile | Syndicate 2001 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1988 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1985 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1971 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1969 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1967 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1955 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1947 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1945 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1925 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1922 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1919 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1910 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1902 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1892 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1880 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1856 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1796 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1729 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1699 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1686 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1618 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1609 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1492 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1458 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1416 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1414 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1322 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1301 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1274 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1225 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1221 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1218 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1200 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1183 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1176 | |
13 Feb 2024 | Syndicate Profile | Syndicate 1084 | |
13 Feb 2024 | Syndicate Profile | Syndicate 0727 | |
13 Feb 2024 | Syndicate Profile | Syndicate 0623 | |
13 Feb 2024 | Syndicate Profile | Syndicate 0609 | |
13 Feb 2024 | Syndicate Profile | Syndicate 0510 | |
13 Feb 2024 | Syndicate Profile | Syndicate 0457 | |
13 Feb 2024 | Syndicate Profile | Syndicate 0435 |