Tag: London

Coronavirus: Lloyd’s of London says claims to be biggest since 9/11

Image copyright Getty Images Insurance market Lloyd’s of London has said it expects coronavirus-related claims to cost it $3bn to $4.3bn (£2.5bn to £3.5bn). That means its biggest payout since the 11 September 2001 attacks in the US. The losses could rise further if the current lockdown continues into another quarter, Lloyd’s said. Insurers around the world have been hit… Read more →