The leading source for credible citizen reporting

Help | Login | Join Allvoices

Mainstream News

This event is older than two months and is no longer active. Some links older than two months could be broken.

Click here to post a new related report

Fewer claims help insurance giant

Source: BBC

London : United Kingdom | 2 months ago

0 0

Pre-tax profit for the six months to the end of June came in at £1.32bn, compared with £949m a year ago. Lloyd's said the results also reflected its "prudent and conservative approach" and strong investment returns. More catastrophe claims tend to be made later in the year, as hurricane season falls...

Reach
Credibility

More News From: London : United Kingdom

Related Allvoices Contributions

Breaking up

By: BiodunIginla

Tuesday, October 27, 2009 Restructuring ING by Judith Stein and Bi

about 1 month ago

News Stories

Fortis: To Pay Out Up To 50% Of Insurance Profit

News Source: Fox News | 2 months ago

Fortis , the slimmed-down financial services group that now focuses on insurance, said it doesn't plan to buy back hybrid instruments and plans to pay a dividend between 40% and 50% of the profit from its insurance activities. In a strategic review,...
Lloyd's of London on high as disasters low

News Source: The Scotsman | 2 months ago

Pre-tax profits at the group, the world's largest insurance market, rose 39 per cent to £1.32 billion after it benefited from a relatively low level of catastrophe claims...It warned that external conditions remained difficult and said it was "...
Tax system repels foreign insurers, says Lloyd’s chief

News Source: Times Online | 2 months ago

The country is facing an unprecedented opportunity to attract overseas insurers, particularly from Bermuda, after the proposed crackdown on offshore tax havens by President Obama. But Mr Ward said that Lloyd’s was finding it hard to convince...
Lloyd's of London H1 pretax profit up 39 pct

News Source: The Boston Globe | 2 months ago

Lloyd's of London, the world's largest insurance market, on Thursday reported that pretax profit in the first half of the year rose 39 percent to 1.3 billion pounds ($2.1 billion). Gross premiums rose 35 percent to 13.46 billion pounds. "We have...
Manchester Evening News, UK: Lloyd's gains as catastrophes fall

News Source: Uinta County News | 2 months ago

S of London today said pre-tax profits rose to £1.32bn after it benefited from a relatively low level of natural catastrophe claims. The figure for the six months to June 30 was up from £949m a year ago. The specialist insurance market warned that...
Lloyd's Of London Pretax Profit Up 39%

News Source: Fox News | 2 months ago

Thursday that its pretax profit for the first half of 2009 rose 39% to 1.32 billion pounds ($2.16 billion), helped by relatively low levels of catastrophe claims. The group said its combined ratio weakened slightly to 91.6% from 89% a year earlier.