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flag Lloyd’s of London posted a £10.6 billion profit in 2025, driven by strong underwriting and investment gains.

flag Lloyd’s of London reported a £10.6 billion pre-tax profit for 2025, a 10.1% rise, fueled by strong underwriting and investment returns. flag Gross written premiums increased 4.2% to £57.9 billion, driven by higher volume despite pricing declines and foreign exchange headwinds. flag The combined ratio was 87.6%, slightly worse than 2024, but investment returns rose to £6.0 billion. flag Total capital grew to £49.8 billion, with the solvency ratio at 496%. flag A new five-year strategy focuses on underwriting discipline, efficiency, and capital utilization amid competitive pressures.

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