Lloyd's of London facing $3.8bn of insurance claims - AAD Consumer Forum

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5corpio started a blog post Lloyd's of London facing $3.8bn of insurance claims
13 May 2011, 07:16

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Lloyd's of London facing $3.8bn of insurance claims

Insurance Rises.............

Originally posted by 5corpio

Lloyd's of London facing $3.8bn of insurance claims

Recent natural disasters may cost Lloyd's of London about $3.8bn (£2.3bn), the insurance market says.

Claims from the Japanese earthquake are estimated at $1.95bn, while the New Zealand earthquake and flooding in Australia are put at $1.2bn and $650m.
The impact of the tornadoes in the US have yet to be assessed, but Lloyd's said that all the disasters will mean insurance rates.....Read more HERE
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