Lloyd's first half profits fall 17%
Lloyd's reported a near-17 percent decrease in underlying
profits for the first six months of the year, taking the total to
£1.22bn ($1.64bn), after an improved underwriting result
failed to offset continued market pressures.
Lloyd's reported a 78 percent improvement in the underwriting
result for the first six months of 2017, taking the total to
£366mn. Lloyd's investment return remained broadly stable
at 1.5 percent.
The annualised return on capital was 2.8 points worse at 8.9
perc
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