Daily Digest: Lloyd's targets £57bn GWP, Blueprint Two phase one delayed, Baltimore bill could mirror Costa Concordia

Catch up on the essential news and analysis from the Insurance Day experts

Lloyd's targets premiums growth to £57bn in 2024 Lloyd’s is targeting gross written premiums £57bn in 2024 but senior executives at the corporation insisted there was “no room for complacency” and the market must maintain its focus on underwriting profitability. Earlier today, Lloyd’s reported its best result for many years in 2023 as pre-tax profit surged to £10.7bn from a loss of £0.8bn a year earlier. The result was driven by the strongest underwriting result since 2007, with profits more than doubling to £5.9bn, coupled with soaring investment returns.