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Lloyd's reports £3.7bn profit for 2006
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Lloyd's reports £3.7bn profit for 2006 Lloyd’s has taken full advantage of the benign catastrophe year, recording gross profit of £3.7bn for 2006. | ||
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See
video interview with Lloyd's Chairman, Lord Levene"2006 was a very profitable year for Lloyd's because of strong
underwriting discipline and because the winds didn't blow." | ||
See
video interview with Lloyd's CEO, Richard Ward"We've had an exceptional set of results, our combined ratio compares very favorably with our competitors." | ||
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Straight
A+ for Lloyd’s Lloyd’s has been rewarded with a rating upgrade following the successful deal that passes its run-off vehicle Equitas to Berkshire Hathaway’s National Indemnity unit. Credit agency Fitch has upgraded Lloyd's insurer financial strength ('IFS') rating by one notch to A+, and has upgraded the subordinated debt issue rating by one notch to ‘A-’ (A minus). The ratings have been assigned stable outlooks. |
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2007
events Don't forget to check out our events pages for a list of forthcoming events. . |
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Lloyd's
Financial Results |
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