Lloyd’s has been active in France for many years, mainly in reinsurance. After World War II and the move towards insurance regulation in France, Lloyd’s was authorised to underwrite direct insurance business by special decree in 1947. The French market is the largest source of revenue for Lloyd’s in Europe after the UK.
Lloyd’s, the world’s specialist market for insurance and reinsurance, today announced a profit of €2.9bn for 2015. The results demonstrate Lloyd’s continuing financial strength and sound market-wide performance despite a turbulent macro-economic backdrop.
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