Lloyd's pre-tax profit falls 28% to £1.19bn for H1 2015
COR rises to 89.5% in the first six months of this year compared to 87.4% for H1 2014.
Lloyd's, the specialist market for insurance and reinsurance, has posted a pre-tax profit of £1.19bn for the first half of 2015, down from £1.65bn for the same period last year.
Gross premiums increased to £15.51bn for the first six months of the year (H1 2014: £14.48bn), and Lloyd's said its combined ratio of 89.5% (H1 2014: 87.4%) outperformed its competitors.
Lloyd's results show return on capital fell to 10.7% for the first half of 2015 compared to 16.3% for the equivalent period last year
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