Steady Lloyd's results
Lloyd's interim profits until 30 June were £1.35bn, compared to £1.38bn at the same time last year, ...
Lloyd's interim profits until 30 June were £1.35bn, compared to £1.38bn at the same time last year, and the combined ratio was 86% compared to 87.3% on 30 June 2005. Lloyd's will be hoping for a vastly improved performance in the second half of the year compared to 2005, when a series of catastrophic hurricanes wiped out its profits. Lloyd's chief executive said: "Five new syndicates have joined the market in the past year, which - together with the £2bn of fresh capital during the same period -
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