’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.
Read more…
Explore more financial-related content here or discover other news stories here
We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.
Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:
Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.