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Lloyd’s first-half profit falls 28%
- 10/09/2015
- Posted by: Simon Wait
- Category: News
Lloyd’s of London saw its profits fall 28 per cent in the first half of the year. Profits came in at £1.19bn, down from £1.65bn in the same period of 2014, despite turnover rising by 7 per cent. The market’s combined operating ratio (COR) deteriorated by 2.1 percentage points to 89.5% (H1 2014: [...]