Lloyd's of London
Recent results

Year
Gross premiums written
Combined ratio (AY)
Combined ratio (CY)
Pre-tax profit/(loss)
Pre-tax ROC
Ref
2018
£35,527m
108.4%
104.5%
(£1,001m)
(3.7%)
-
2017
£33,591m
116.9%
114.0%
(£2,001m)
(7.3%)
-
2016
£29,862m
103.0%
97.9%
£2,107m
8.1%
-
2015
£26,690m
97.9%
90.0%
£2,122m
9.1%
-
2014
£25,283m
96.1%
88.1%
£3,161m
14.7%
-
2013
£26,106m
94.8%
86.8%
£3,205m
16.2%
-
2012
£25,500m
98.3%
91.1%
£2,771m
14.8%
-
2011
£23,477m
113.3%
106.8%
(£516m)
(2.8%)
-

Question: What was the change in the combined ratio of Lloyd's of London from 2017 to 2018?
Answer: Lloyd's of London combined ratio was 104.5 percent in 2018, down from 114 percent in 2017.