Lloyd’s posts H1 2021 profits of £1.4bn and 92.2% combined ratio

09 September 2021

Lloyd’s posted a pre-tax profit of £1.43bn ($1.97bn) in the first half of 2021 and a combined ratio of 92.2% as the Corporation welcomed the results of remediation work and favourable market conditions.

The results came off the back of a challenging prior-year period, where heavy claims from the Covid-19 pandemic drove Lloyd’s to a loss of £438mn.

Earnings:

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