Lloyd’s reports 2018 loss of £1.0bn amid poor underwriting performance
By IAN Editorial Desk
27 March 2019·Updated 25 August 2026·2 min read
By IAN Editorial Desk Lloyd’s reported an aggregated market loss of $1.3bn (£1.0bn) for 2018, narrowing from a £2.0bn deficit a year earlier but still...
Lloyd’s reported an aggregated market loss of $1.3bn (£1.0bn) for 2018, narrowing from a £2.0bn deficit a year earlier but still reflecting weak underwriting performance. The result came alongside higher gross written premiums and an improved but still loss-making combined ratio, with management describing the outcome as below the standard expected of the market.
The 2018 figures, set out in…
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