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Lloyd’s record £3.85bn profit for ’07 but softening hits underwriting return

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LLOYD’S issued a record £3.85bn ($7.66bn) pre-tax topline result for 2007 but the pure underwriting return shrank by more than 40%, reflecting a more costly year of natural catastrophes and the softening market.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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