Lloyds GI profits fall 30% owing to PPI, pet and weather claims
Lloyds Bank's underlying general insurance profit decreased by 30 per cent to £158m (H1 2011: £226m) in the first half of 2012.
The bank described the result as broadly in line with the prior period when excluding increased weather related claims in 2012, the cost of underwriting insurance for pets with pre-existing conditions
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