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Thursday, March 23, 2023

Lloyd’s of London Swings to 2022 Pre-Tax Loss on Investments but U/W Profits Up

Lloyd’s of London swung to a pre-tax loss in 2022 and took writedowns on its fixed-income investments, it said on Thursday. The pre-tax loss was 800 million pounds ($982.56 million), compared with a profit of 2.3 billion pounds a year …

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