Lloyd’s of London insurers face $4.5bn claims on hurricane disasters

Lloyd’s of London insurers face $4.5bn claims on hurricane disasters

Lloyd’s of London confirmed it had already paid out ‘significant amounts’ to cover claims following the recent hurricanes which hit Florida, Texas and the Caribbean. The aftermath of hurricanes Irma and Harvey has left Lloyd’s potentially facing claims totaling $4.5billion. In the last six months, Lloyd’s, which is the world’s biggest insurance market, saw its…

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