Lloyd’s profits dip after catastrophes
Insurance market Lloyd’s has posted profits of £2.2bn for 2010 – down more than £1.5bn on the sum for 2009.
The market, which announced profits of £3.9bn for 2009, also recorded a worsening combined operating ratio of 93.3% (2009: 86.1%) but posted a record £2.38bn of central assets (2009: £2.1bn).
Lloyd's
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