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Lloyd’s reports ‘best interim result since 2007’ for 2024’s H1 with COR of 83.7%

By 2024-09-05T09:00:00

lloyd's of london (3)

Chief executive attributes balance sheet growth to ‘disciplined underwriting, smart organic growth and real strength in the Lloyd’s balance sheet’

Lloyd’s of London has reported positive growth in its financial metrics for the first half of 2024, with overall profit before tax improving from £3.9bn to £4.9bn year-on-year and the market’s combined operating ratio (COR) moving to 83.7%, compared to 85.2% for the same reporting period last year.

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