Insurance market Lloyd's of London has reported a 2002 profit of £834 million having incurred huge losses the year before after the September 11th attacks on the United States.
Lloyd's said the result was in line with expectations and marked a strong return to profitability for the market.
The 315-year-old institution, which almost collapsed in the early 1990s, made a loss of £3.1 billion in 2001, largely due to claims totalling billions of dollars from the September 11th attacks.
