Lloyds profits dive due to extremely challenging investment conditions

28th September 2010, Comments 0 comments

Exceptional catastrophic events play role in halving profits Lloyd’s of London, the fabled insurers, saw profit cut in half in the first six months of 2010, to 628 million for the half-year period ending 30 June 2010. “The result reflects a period of significant claims and extremely challenging investment conditions,” the company’s director, Lord ...

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