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Lloyd’s H1 2023 results swing back into profit

By 2023-09-07T09:11:00

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’These results set us up to deliver on our positive financial outlook for 2023,’ says chief executive

Lloyd’s of London has announced a profit before tax result of £3.9bn for the first six months of 2023 – a significant year-on-year uplift from H1 2022’s loss of £1.8bn. 

According to it H1 2023 results, published this morning (7 September 2023), Lloyd’s strong performance was also reflected in the insurance marketplace’s gross written premium (GWP) result, which grew by 21.9% (£5.3bn) year-on-year to reach £29.3bn for the most recent period. 

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