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Lloyd’s Reports US$4.9 Billion (£3.2 Billion) Profit for 2014, Level With 2013

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Lloyd’s announced a pre-tax profit of US$4.9 billion (£3.2 billion) for 2014, which is unchanged from the profit figure reported in 2013. The 2014 profit was driven by a relatively benign year for major natural catastrophes, favorable prior year development, …

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