NU Online News Service, March 24, 2:30 p.m. EDT
Lloyd's of London announced that its 2009 pre-tax profits more than doubled, to ?3.86 billion ($6.2 billion) compared to ?1.89 billion in 2008 ($2.82 billion at today's rate).
In an interview Luke Savage, director, finance, risk management and operations at Lloyd's, cited a benign year for disasters and catastrophes as a big factor in the results.
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