Lloyd’s returns to profit in the first half of 2018

The Chairman of Lloyd's, Bruce Carnegie-Brown, has informed of the return to profit of the Lloyd’s market  in the first six months of 2018 following a year of underwriting losses in 2017. The aggregated market profit was £0.6bn (June 2017: £1.2bn), with a comparatively low investment return of £0.2bn (June 2017: £1.0bn). The combined ratio improved [...]