Lloyd's of London reports jump in profits

A low level of catastrophe claims helped the Lloyd’s of London insurance market announce a sharp improvement in profitability today.

Lloyd's of London reports jump in profits
Thu, 27 Sep, 2007 - 09:05

A low level of catastrophe claims helped the Lloyd’s of London insurance market announce a sharp improvement in profitability today.

The market, which is home to 66 insurance syndicates, said profits rose to £1.81bn (€2.58bn) in the six months to June 30, up from £1.35bn (€1.93bn) last year.

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