Lloyd’s of London insurers face claims bill of $4.5bn resulting from recent hurricanes as half-year profits slip

    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, ...