Review of the Year: Lloyd's - Highs and lows

After major losses following 2011's natural catastrophes, the Lloyd's market recovered to post its best results in five years in the first half of 2012 - only for Superstorm Sandy to bring fresh woes in October.

It has been a year of peaks and troughs for the senior statesman of insurance markets.

Scarred by the catastrophes of 2011, a year for which Lloyd's had to declare losses of £516m, the corporation

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