Lloyd’s sees diminished results even as it shrugs off 2017 losses
Lloyd’s H1 pre-tax profit was down 51% on the same period last year, even as the corporation saw improvements in its combined operating ratio.
Lloyd’s saw profits before tax of £588m in the first half of the year, down from £1.2bn in H1 2017.
H1 combined operating ratio was 95.5%, an improvement on the 96.9%.
The corporation said the H1
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