Lloyd’s profits up 14% following record GWP
Lloyd’s has recorded profits of £3.2bn for 2013, up 14% on a previous year equivalent of £2.8bn in 2012, after reaching a new record high of gross written premiums.
The London market saw GWP reach £26.1bn, rising from £25.5bn last year.
The figures were further boosted by s £500m drop in total net incurred claims, which fell to £9.6bn, of which major claims
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