<page_title> Lloyd's of London </page_title> <section_title> Recent results </section_title> <table> <cell> 2018 <col_header> Year </col_header> </cell> <cell> 104.5% <col_header> Combined ratio (CY) </col_header> </cell> <cell> 2017 <col_header> Year </col_header> </cell> <cell> 114.0% <col_header> Combined ratio (CY) </col_header> </cell> </table>
Lloyd's of London combined ratio was 104.5 percent in 2018, down from 114 percent in 2017.