lma – Lloyd’s 2024 Insights Report

The Lloyd’s Market Association (LMA) and Insurance Capital Markets Research (ICMR) are pleased to present a detailed analysis and comment on the Lloyd's 2023 results.

The full insights report, co-authored by LMA and ICMR, covers the overall performance of the market and conducts a detailed examination of individual syndicate performance. It explores the factors driving growth and profitability across syndicates of varying sizes and maturity levels, and analyses the risk-return profiles of major classes of business. Additionally, the report benchmarks the market's performance favourably against liquid specialty (re)insurance investments and catastrophe bond indices.

The highlights demonstrate that Lloyd’s as a market continues to offer an attractive return on capital over a twenty year period with a low correlation with other asset classes, represented for example by the MSCI World Equity Index.