Lloyd’s first half profit drops on 2012 result
Lloyd’s has posted a £1.38bn profit for the first half of 2013 down on its 2012 result of £1.53bn.
The market's gross written premium increased 4.9% from last year to £15.5bn. The combined ratio also improved from 88.7% in 2012 to 86.9% in 2013.
Despite a benign first half of the year for natural
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