Lloyd’s of London reports second largest loss from 2011’s insurance market swing

The insurance market of Lloyd’s of London LOL.UL has reported that it experienced its second largest losses in 2011, following the absorption of record breaking claim costs resulting from the natural catastrophes that included the earthquake and tsunami in Japan, as well as the flooding in Thailand. This statement was made on March 28, as it compared its last year’s loss of £516 million with the profit that it made…
Read more...Tags:act of god insurance , catastrophe insurance , disaster insurance , disasters , earthquake , earthquake insurance , flood insurance companies , global insurance industry , insurance article , insurance articles , insurance claims statistics , insurance for natural disasters , insurance industry , insurance industry analysis , insurance industry data , insurance industry information , insurance industry news , insurance industry overview , insurance industry research , insurance industry statistics , insurance market , insurance market news , insurance news , insurance news articles , insurance statistics , Lloyd's of London , lloyds of london insurance , lloyds of london market , Lloyds of London news , natural disaster , natural disaster earthquake , natural disasters , natural disasters 2011 , natural disasters floods , natural disasters insurance , news on insurance , recent natural disasters , the insurance industry














