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Lloyd's celebrates £1.3bn record

13 April 2012

THE Lloyd's insurance market is set today to report its best-ever annual profit of more than £1.3bn. Premiums have soared since the September 11 attacks and there have been few costly natural disasters.

Lloyd's firm Kiln almost trebled 2003 profits to £33m with dividends up 20% to 0.6p.

Chief executive Edward Creasy expects 'excellent returns' this year.

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