Lloyd’s of London, the world’s largest insurance marketplace, has released its preliminary trading update for its full year 2024 (unassured) results.
In the statement, it said Gross Written Premium increased by 6.5% to £55.5 billion, which compared to £52.1 billion in 2023, and showed 8.5% growth.
This was primarily in the property and reinsurance segments, which had a strong underwriting performance in the year, it said.
The investment return was £4.9 billion, which is down significantly on £5.3 billion in 2023.
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