Lloyd’s notes falling profit of £2.1bn but says performance is "robust".
Pre-tax profits at Lloyd's have fallen to £2.1bn for 2015 (2014: £3bn) as its combined operating ratio (COR) deteriorated almost two points to 90.0% from 88.4% in 2014. The organisation also saw investment...
Provider aims to grow in the private client sector.
SEIB says it is poised for both organic and inorganic growth.
Broker states it is better placed for a strong performance in 2016.
Deal follows agreement between Mike Bruce, Global Risk Partners and Neil Thornton with the broker.