Lloyd’s falls to £1.8bn investment-driven loss despite best combined ratio since 2015

Lloyds has fallen to a £1.8bn loss in the first half after difficult investment conditions took their toll, and despite posting its best combined ratio since 2015 on the back of 7.7% rate rises.

The market also announced during its H1 results that it has reserved £1.1bn net of reinsurance for los...

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