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10 December 2018 The on-line newspaper devoted to the world of transports 23:02 GMT+1

November 28, 2001

Lloyd's terror losses soar

By James Moore

LLOYD'S OF LONDON yesterday increased substantially its estimated net loss from the US terrorist attacks.

The insurance market, which also raised loss projections for its 1999 and 2000 underwriting years, said it expected the atrocities would cost its 108 syndicates £1.9 billion, an increase of £600 million over the estimate issued ......
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