Lloyd’s CFO urges market not to get ‘carried away’
Lloyd’s chief financial officer Burkhard Keese has warned the market that it is not yet out of the woods, as it posted pre-tax profits of £9.6bn for 2024.
As previously trailed by Lloyd’s, the result included a £5.3bn underwriting profit, as well as £4.7bn in investment returns.
The underwriting profits achieved last year, and in 2023 when the market
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