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Lloyds TSB sees general insurance pre-tax profits decrease

Lloyds TSB saw its general insurance pre-tax profit decrease by £33m, or 4%, to £720m in 2003. This ...

Lloyds TSB saw its general insurance pre-tax profit decrease by £33m, or 4%, to £720m in 2003. This comprised a pre-tax profit of £219m (2002: £198m) from general insurance underwriting and £501m

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ERS warns motor pricing discipline must return

Declan O’Mahony, head of claims at ERS, warns motor claims inflation is back driven by energy costs, supply chain disruption and repair pressures, so insurers must restore pricing discipline now to avoid sustained underwriting losses.

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