New business drives Lloyd’s growth in 2024

Lloyd's of London

Lloyd’s has trailed its 2024 results, revealing that gross written premiums across the market hit £55.5bn by the end of last year.

The market detailed that the 6.5% increase in GWP – compared to the 2023 figure of £52.bn – was driven by 8.5% volume growth, primarily in the property and reinsurance segments.

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