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Lloyd's of London expects COVID-19 claims to match 9/11

FILE PHOTO: A worker enters the Lloyd's of London building in the City of London financial
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LONDON (Reuters) - Lloyd's of London is likely to pay out $3.0 billion-4.3 billion in insurance claims related to the coronavirus pandemic, similar to losses from the 9/11 attacks, it said on Thursday.The pandemic has locked down economies around the world, bringing businesses, events and travel to a halt and leading to hefty claims.Global non-life underwriting and investment losses may hit a..
Date Published: May 14, 2020
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