Lloyd's profit hits £2.8bn after lower cat losses
Lloyd's has reported a 2012 pre-tax profit of £2.77bn following a loss of £516m in 2011.
Claims in 2012 included $2.2bn or £1.4bn from superstorm Sandy which struck the Caribbean and North America in October 2012, However total net incurred claims were £10.1bn compared to £12.9bn in 2011
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