close up review 2006 in brief 1 chairman s foreword 2 our marketplace 3 building the optimal platform 4 financial results 2005 highlights 5 pre tax profitability combined ratio performance 6 capital strength 8 return on 9 market profile capacity 10 of provision 11 business 15 lloyd ratings overview 16 syndicate and rankings franchise 17 management 18 19 risk 21 appendices 22 supplementary information 30 glossary 43 this booklet sets out as at january unless otherwise indicated for a continuous update facts figures go to website www lloyds com disclaimer document is not intended distribution or use by any person entity jurisdiction country where such would be contrary local law regulation it does represent prospectus invitation connection with solicitation nor constitute an offer sell securities insurance buy
