Lloyds achieves outstanding results for 2013

Lloyds has today announced a profit of £3.2bn with a combined ratio of 86.8%, in its most profitable year since 2009

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Lloyd’s Ratings

Lloyd’s currently enjoys an A rating from A.M. Best and A+ ratings from Fitch Ratings and Standard & Poor’s.

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Fracking
BIBA technical update on fracking

If fracking did happen to cause seismic activity or subsidence which damaged a property, then there would be cover under the terms of a buildings insurance policy.

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The Insurance cost of Natural Catastrophe 2011

At about $380bn (€291bn), global economic losses were nearly two-thirds higher than in 2005, the previous record year with losses of $220bn.

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