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===Recent results=== In its most recent annual report, for 2023, Lloyd's reported an underwriting profit of £5.91bn, plus a £4.75bn gain on investments to produce an overall pre-tax profit of £10.66bn, compared to a pre-tax loss of £769m in 2022. The 2023 calendar-year combined ratio was 84 per cent, which was Lloyd's best result since 2007. Gross premiums written totalled £52.1bn, which was an increase from £46.7bn in 2022, without taking exchange-rate fluctuations into account. Major losses in 2023 were considerably fewer than the previous year, which was marred by [[Hurricane Ian]]. The following table details some key financial metrics for the Lloyd's market for the past 10 years, as reported in each year's annual report: {| class="wikitable" |- ! scope="col" style="text-align: center; width: 50px;" | Year ! scope="col" style="width: 125px;" | Gross premiums written ! scope="col" style="width: 110px;" | Combined ratio<br />({{abbr|AY|Accident year, before prior-year reserve movements}}) ! scope="col" style="width: 110px;" | Combined ratio<br />({{abbr|CY|Calendar year, after prior-year reserve movements}}) ! scope="col" style="width: 100px;" | Pre-tax profit/(loss) ! scope="col" style="width: 75px;" | Pre-tax [[Return on capital|ROC]] ! scope="col" style="width: 25px;" | Ref |- |style="text-align: center;"|2023 |style="text-align: center;"|£52,149m |style="text-align: center;"|86.2% |style="text-align: center;"|84.0% |style="text-align: center;"|£10,663m |style="text-align: center;"|25.3% |style="text-align: center;"|<ref name=AnnualReport2023>{{cite web |url=https://assets.lloyds.com/media/3bda2895-4700-47fc-9117-515a62ee36ed/Lloyd's%20Annual%20Report%202023.pdf|title=Annual Report 2023 |author=<!--Not stated--> |website=lloyds.com}}</ref> |- |style="text-align: center;"|2022 |style="text-align: center;"|£46,705m |style="text-align: center;"|95.5% |style="text-align: center;"|91.9% |style="text-align: center;"|(£769m) |style="text-align: center;"|(2.0)% |style="text-align: center;"|<ref name=AnnualReport2022>{{cite web |url=https://assets.lloyds.com/media/5070d2bd-3819-4e31-b1e3-c67c656e5eb8/Lloyds-Annual-Report_2022.pdf|title=Annual Report 2022 |author=<!--Not stated--> |website=lloyds.com}}</ref> |- |style="text-align: center;"|2021 |style="text-align: center;"|£39,216m |style="text-align: center;"|95.6% |style="text-align: center;"|93.5% |style="text-align: center;"|£2,277m |style="text-align: center;"|6.6% |style="text-align: center;"|<ref name=AnnualReport2021>{{cite web |url=https://www.lloyds.com/about-lloyds/investor-relations/financial-performance/financial-results/full-year-results-2021|title=Annual Report 2021 |author=<!--Not stated--> |website=lloyds.com}}</ref> |- |style="text-align: center;"|2020 |style="text-align: center;"|£35,466m |style="text-align: center;"|112.1% |style="text-align: center;"|110.3% |style="text-align: center;"|(£887m) |style="text-align: center;"|(2.8%) |style="text-align: center;"|<ref name=AnnualReport2020>{{cite web |url=https://www.lloyds.com/about-lloyds/investor-relations/financial-performance/financial-results/annual-results-2020|title=Annual Report 2020 |author=<!--Not stated--> |website=lloyds.com}}</ref> |- |style="text-align: center;"|2019 |style="text-align: center;"|£35,905m |style="text-align: center;"|103.0% |style="text-align: center;"|102.1% |style="text-align: center;"|£2,532m |style="text-align: center;"|8.8% |style="text-align: center;"|<ref name=AnnualReport2019>{{cite web |url=https://lloyds.foleon.com/annual-report-2019/annual-report-2019/downloads/|title=Annual Report 2019 |author=<!--Not stated--> |website=lloyds.com}}</ref> |- |style="text-align: center;"|2018 |style="text-align: center;"|£35,527m |style="text-align: center;"|108.4% |style="text-align: center;"|104.5% |style="text-align: center;"|(£1,001m) |style="text-align: center;"|(3.7%) |style="text-align: center;"|<ref name=AnnualReport2018>{{cite web |url=https://www.lloyds.com/~/media/files/lloyds/investor-relations/2018/annuals/annual-report.pdf|title=Annual Report 2018 |author=<!--Not stated--> |website=lloyds.com}}</ref> |- |style="text-align: center;"|2017 |style="text-align: center;"|£33,591m |style="text-align: center;"|116.9% |style="text-align: center;"|114.0% |style="text-align: center;"|(£2,001m) |style="text-align: center;"|(7.3%) |style="text-align: center;"|<ref name=AnnualReport2017>{{cite web|url=https://www.lloyds.com/~/media/files/lloyds/investor-relations/results/2017ar/ar2017_annual-report-2017.pdf|title=Annual Report 2017|author=<!--Not stated-->|website=lloyds.com|access-date=25 March 2018|archive-date=23 May 2019|archive-url=https://web.archive.org/web/20190523190727/https://www.lloyds.com/~/media/files/lloyds/investor-relations/results/2017ar/ar2017_annual-report-2017.pdf|url-status=dead}}</ref> |- |style="text-align: center;"|2016 |style="text-align: center;"|£29,862m |style="text-align: center;"|103.0% |style="text-align: center;"|97.9% |style="text-align: center;"|£2,107m |style="text-align: center;"|8.1% |style="text-align: center;"|<ref>{{cite web|url=https://www.lloyds.com/AnnualReport2016/|title=Annual Report 2016|website=lloyds.com|access-date=19 May 2017|archive-date=19 September 2018|archive-url=https://web.archive.org/web/20180919111523/https://www.lloyds.com/AnnualReport2016/|url-status=dead}}</ref> |- |style="text-align: center;"|2015 |style="text-align: center;"|£26,690m |style="text-align: center;"|97.9% |style="text-align: center;"|90.0% |style="text-align: center;"|£2,122m |style="text-align: center;"|9.1% |style="text-align: center;"|<ref>{{cite web|url=https://www.lloyds.com/annualreport2015/assets/pdf/lloyds_annual_report_2015.pdf/|title=Annual Report 2015|website=lloyds.com|access-date=23 September 2018|archive-date=2 February 2017|archive-url=https://web.archive.org/web/20170202003411/http://www.lloyds.com/annualreport2015/assets/pdf/lloyds_annual_report_2015.pdf|url-status=dead}}</ref> |- |style="text-align: center;"|2014 |style="text-align: center;"|£25,283m |style="text-align: center;"|96.1% |style="text-align: center;"|88.1% |style="text-align: center;"|£3,161m |style="text-align: center;"|14.7% |style="text-align: center;"|<ref>{{cite web|url=https://www.lloyds.com/AnnualReport2014/pdfs/Lloyds%20Annual%20Report%202014.pdf|title=Annual Report 2014|website=lloyds.com|access-date=20 May 2017|archive-date=21 February 2016|archive-url=https://web.archive.org/web/20160221224156/http://www.lloyds.com/annualreport2014/pdfs/lloyds%20annual%20report%202014.pdf|url-status=dead}}</ref> |}
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