1 Introduction
This report has been compiled by ICMR and the LMA to provide an independent assessment of Lloyd’s reported results and its drivers.
The purpose of this report is to give the reader a deeper understanding of the drivers and trends underlying Lloyd’s performance, particularly with Lloyd’s outstanding run of pro-forma results announcement fresh in the memory.
The target audience is the C-suite of managing and members’ agencies, brokers and specialist advisers to Lloyd’s market practitioners and investors. The analysis and conclusions in the report are those of ICMR and the LMA, not those of the Corporation of Lloyd’s, nor is this report intended to be used as investment advice.
All Lloyd’s related data contained within this report has been gleaned from published financial statements of Lloyd’s and its constituent syndicates, as well as their respective notes to their accounts and can be purchased from ICMR.
The reader’s attention is drawn to the Appendix which summarises how data has been used as well as the Disclaimer.
For attribution, please cite this work as:
Lloyd’s 2025 Insights Report. Insurance Capital Markets Research and Lloyd’s Market Association. 9 April 2025. Retrieved from https://insurancecapitalmarkets.com/lloydsmarket2025/
BibTeX citation:
@misc{Lloyds-2025-Insights-Report,
author = { Insurance Capital Markets Research
and Lloyd’s Market Association },
title = { Lloyd’s 2025 Insights Report },
url = { https://insurancecapitalmarkets.com/lloydsmarket2025/ },
year = { 2025 }
updated = { Apr 9, 2024 }
}