Lloyd's of London to pay up to $4.3 billion in coronavirus claims
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LONDON (Reuters) - Lloyd's of London is likely to pay out $3-4.3 billion (£2.5-3.5 billion)in claims related to the coronavirus pandemic and underwriting and investment losses for the global non-life insurance sector could reach a record $203 billion, Lloyd's said on Thursday.Insurers across the globe have suffered losses from the virus, which has locked down economies, bringing businesses, events and travel to a halt.Reinsurer Swiss Re said last month it took a hit of $476 million for..