Lloyd’s posts massive profit as new strategy targets efficiency and capital advantage


Strong capital position underpins strategy shift

The market’s balance sheet strengthened further over the year, with total capital, reserves and subordinated debt rising 5.7% to £49.8bn. The central solvency ratio increased significantly to 496% (2024: 435%), while the market-wide solvency ratio edged down slightly to 200% (2024: 205%), both remaining comfortably above regulatory requirements.



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