Lloyds TSB increase
Lloyds TSB General Insurance has reported a £7m or 8% increase in profit before tax in the first hal...
Lloyds TSB General Insurance has reported a £7m or 8% increase in profit before tax in the first half of 2005. Total written premiums for underwritten and broked business for Lloyds TSB Insurance were £854m, up 11% on the same period in 2004. Within that, the underwriting company reported earned premium of £277m. Phil Loney, managing director, Lloyds TSB General Insurance, commented: "This set of results shows that we are steadily building profit momentum from the first 12 months of implementing
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