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Ukraine claims set to cost Lloyd’s of London £1.1bn
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fnlondon.comLloyd's of London, the UK insurance and reinsurance market, has set aside £1.1bn, equivalent to $1.26bn, for claims related to the conflict in Ukraine, it said 8 September.
The figure is net of reinsurance and covers marine, cargo and aviation claims, said Lloyd's, a marketplace of insurance syndicates.
The outlay represents a large loss for...
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