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Lloyd’s boss warns of ‘man-made catastrophes’ as Iran war hits insurance industry
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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, the historic insurance market Lloyd’s of London suffered a hit to its profit in the first half of the year. Nowhere was this impact more acute than in its marine business, which faced severe pressure at the height of the US war with Iran. Over the past six [...]
4 Sept, 04:00
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