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"As far as we're concerned, everything's OK now, but we want to make sure the situation is the same for all Links of London," the Scottish spokesman said. Sharad Rao, legal adviser to the Games Federation, said Links of London Bee Charm was sad to see India's predicament because the country's support for the Games was in many ways "unprecedented." "No other country has poured more money into the games," he said, "and so it was disappointing and shocking for it not to be ready in the end." Lloyd's of London, the U.K.'s 322-year-old insurance and reinsurance market, on Tuesday posted a 53% drop in first-half pretax profit due to higher catastrophe claims and lower investment returns. For the six months ended June 30, Lloyd's posted a pretax profit of GBP 628 million ($995.4 million), compared with GBP 1.32 billion a year earlier. Links of London Snowflake Charms investment returns fell to GBP 597 million from GBP 708 million. Lloyd's said its combined ratio -- a measure of claims against premiums -- worsened to 98.7% from 91.6%. A figure below 100% indicates an underwriting profit, while a higher number indicates lower profitability. Its central assets, which act as a form of capital buffer for member insurers, have risen to a record GBP 2.23 billion in June, up from GBP 2 billion a year earlier. "The first six months of 2010 were the costliest on record since we began interim reporting," said Chairman Peter Levene. "While events such as the Chilean earthquake and the Deepwater Horizon loss have proved challenging, paying these claims . . . is what we are here to do." In Links of London Big Apple Charm, Lloyd's said it estimated pretax claims from the Chile earthquake to be $1.4 billion, with a further $300 million to $600 million from the Deepwater Horizon explosion in the Gulf of Mexico. SHANGHAI--HSBC Holdings PLC's departing Chairman Stephen Green said Wednesday the bank has no plan to shift its headquarters to Hong Kong from London, quelling recent market speculation about such a move. Mr. Green, who will soon become the U.K.'s trade minister, also said China remains strategically important to HSBC. He made the remarks on the sidelines of a board meeting in Shanghai that is expected to endorse the recent shake-up of the bank's top management. "Our policy will remain committed to building up our business in China. There is no country strategically more important to us.