Lloyd’s sees 16% profit slip from ‘challenging’ conditions
Lloyd’s has seen a 16% fall in its pre-tax profits owing to “challenging” market conditions, its CEO said.
The corporation saw profit slip from £1.46bn in H1 last year to £1.22bn in the same period this year. The result does not take into account the losses from the recent storms in the US and Caribbean.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Lloyd’s/London
Aviva exploring Probitas rebrand
Aviva is looking to rebrand it's Lloyd’s underwriting syndicate Probitas, Insurance Post can reveal.
Environmental and pollution liability risks escalate in Iran conflict
Crawford & Company has warned attacks on commercial vessels around the strait of Hormuz are leading to an increase in environmental and pollution liability risks for the marine insurance sector.
Insurtech Bertie broadens out to brokers
MGA-focused insurtech platform Bertie is expanding into the broker market.
Q&A: David King, Artificial Labs
David King, co-founder and co-CEO of Artificial Labs, breaks down how enabling a digital first ecosystem can realise the business’ intention to be a leading technology provider for the London market.
Big Interview: Dame Sue Langley
Proudly boosting a background in insurance, the first Lady Mayor of the City of London Dame Sue Langley talks to Jonathan Swift about combatting mis-information, improving business confidence and using her ‘soft power’ to encourage more young people and overseas investment into EC3.
British Insurance Awards 2026 shortlist revealed
The shortlist of the 2026 British Insurance Awards, which will take place at the Royal Albert Hall on 8 July, is announced today.
Lady Mayor seeks to rid City of ‘scary’ image
Young people need not be scared of pursuing careers in the City, with its first Lady Mayor telling them: “Come on in, the water is lovely.”
Why Lloyd’s must embrace TikTok to attract young talent
With most young people unaware of what Lloyd’s does and many dismissing insurance as boring, Ngo Pungong, a trainee on MS Amlin’s corporate graduate scheme, says the London Market must reach earlier and speak more creatively if it wants to attract the talent to stay globally competitive.