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18th of October 2010
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News Tag: Lloyd’s of London

September 28, 2010

Catastrophes hit Lloyd’s of London profits

by Kay Murchie

September 25, 2008

Lloyd’s of London reports profit fall

by Kay Murchie
Lloyd's of London reports profit fall
Pre-tax profits at the world's biggest insurance market, Lloyd's of London, fell 47% to £949 million for the first six months of the year, compared to £1.8 billion the previous year. Commenting on the results, Lloyd’s chairman Lord Levene, said the fall was no surprise with profits heavily influenced by falling investment income and increased cost of claims. Lord Levene warned that ...

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