Overview

• Lloyd's of London achieved a pretax profit of £4.9 billion, a 26% increase from the previous year.
• Gross written premiums rose to £30.6 billion, reflecting a 4.4% growth.
• The combined ratio improved to 83.7%, indicating strong underwriting profitability.
• Major events like the Baltimore Bridge disaster had limited financial impact on Lloyd's.
• Commercial insurance prices remain high, with cyber insurance as a notable area for future growth.