Mar 27, 2020
Lloyd's 2019 results - further detail
The positives in the 2019 results centred around releases from back years' reserves for the 15th consecutive year, a lower level of major losses and lower operating expenses, which taken together, drove an improvement in the whole market's underwriting figures. The most significant factor was the largest ever investment return on the market's central assets, creating a £2.5bn overall result for the year, the best result for the whole market since 2014.…