George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here

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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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Lloyd's of London posts first-half profit of 2.3 bln stg

Wed, 18th Sep 2019 07:17

LONDON, Sept 18 (Reuters) - Lloyd's of Londonreported a pre-tax profit of 2.3 billion pounds ($2.87 billion)in the first half of 2019 on Thursday, helped by a cutback inunderperforming business.

The results at the 330-year old insurance market, whichrepresent earnings from its 99 member syndicates, compare with aprofit of 0.6 billion pounds a year earlier.

($1 = 0.8006 pounds)(Reporting by Carolyn Cohn, editing by Sinead Cruise)

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