Bank posts nine-month loss of £3.9bn
Lloyds Banking Group made a £3.9bn pre-tax loss for the first nine months of 2011 as it continued to feel the effects of the £3.2bn provision it set aside settling payment protection insurance (PPI) claims.
Lloyds took the £3.2bn PPI charge in the first quarter of 2011.
PPI complaints dropped 66% to 19,259 in the third quarter of 2010 from 56,025 in the second quarter, according to recent figures from the Financial Ombudsman Service.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
No comments yet