Lowest investment returns since 2001 'biggest reason' for Lloyd’s profit fall
Lloyd’s finance director John Parry said the market’s lowest investment returns in 14 years was the main factor behind its £900m profit plunge in 2015.
As announced earlier today, Lloyd's reported a pre-tax profit drop to £2.1bn for 2015, from £3bn the previous year. Investment returns also fell significantly, from £1bn to £400m, marking its lowest
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