Lloyds Profits Up After Claims Boost

Summary


LLOYD'S of London yesterday said pre-tax profits rose to pounds 1.32bn after it benefited from a relatively low level of catastrophe claims.

The figure for the six months to June 30 was up from pounds 949m a year ago as brokers and policyholders also sought the security of the Lloyd's platform.

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Extract


Lloyds Profits Up After Claims Boost

The specialist insurance market warned that external conditions remained difficult and said it was mindful of the ...

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