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Lloyd’s boss warns of 'man-made catastrophes' as Iran war hits insurance industry
Squeezed by inflation and rising geopolitical tensions, Lloyd’s reported a drop in its half-year bottom line. Nowhere was this global turbulence more acute than in the marine sector, which faced severe pressure at the height of the US war with Iran.
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cryptobriefing.com
Lloyd's of London faces £1.4B in losses as US-Iran conflict chokes the Gulf
Lloyd's of London faces £1.4B in losses as the US-Iran conflict blockades the Strait of Hormuz and marine insurance claims hit $3B.
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thisismoney.co.uk
Lloyd's of London takes a £1.4bn hit from Iran war
Underwriters at Lloyd's of London provide cover for risks across the globe, from shipping and terrorism to fine art and racehorses.
