Liability Risk and Insurance
Lloyd’s sees £1.9bn profit for 2003
Lloyd’s has reported a profit of £1892mn, before tax, for 2003 on a pro forma annually accounted basis, an increase of 127% on 2002
(2002: £834m).
Lloyd’s has also announced an initial projection of profit of £1780mn on a three-year accounted basis for the 2003 underwriting year.