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TheBlackAdder

(28,209 posts) Sun May 17, 2020, 01:08 PM May 2020

Lloyd's of London Faces Historic Losses from the Pandemic

2 replies

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Lloyd's of London Faces Historic Losses from the Pandemic (Original Post) TheBlackAdder May 2020 OP

That's what happens when you "insure" things. Laelth May 2020 #1

Lloyds CEO in a Wellstone ruled May 2020 #2

Laelth

(32,017 posts)

1. That's what happens when you "insure" things.

Reply to TheBlackAdder (Original post)

Sun May 17, 2020, 01:16 PM

May 2020

None of us can safely predict the future.

-Laelth

Wellstone ruled

(34,661 posts)

2. Lloyds CEO in a

Reply to TheBlackAdder (Original post)

Sun May 17, 2020, 02:12 PM

May 2020

Bloomberg Interview on Thursday AM,stated they will be requiring their Investor's to anti up a significant amount of money to cover their losses,both Pandemic and Business wise. Also said,Business Insurance Rates are going to be hiked and we are looking at a two to five recovery,all depending on if the Virus regenerates in the coming months.

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