Lloyd's of London expects £5bn in Covid-19 insurance payouts

Insurance market says claims totalled £2.4bn in first half of 2020, leading to £400m loss

Lloyd’s of London, the world’s biggest insurance market, has said it expects up to £5bn to be paid out in claims related to the coronavirus pandemic.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Guardian /  🏆 84. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Andrew Lloyd Webber: 'We have to get arts sector back open'Impresario warns theatres at point of no return as Royal Albert Hall appeals for £20m to help weather Covid
Read more »

David Beckham's esports team to float on London Stock ExchangeGuild Esports plans to raise £20m and £50m valuation as it aims to create global franchise
Read more »

London Capital & Finance investors relieved after court ruling opens route to compensation claimsHope for thousands of savers who put millions into mini-bond firm that’s now the subject of a fraud investigation
Read more »

Woman, 66, found dead at London home as police arrest man over killingA MURDER investigation has been launched after a woman’s body was found at a London home. The 66-year-old woman was found collapsed around 9.15pm last night at a house on a quiet residential …
Read more »

David Beckham-backed Guild Esports franchise in London flotationThe company aims to create a global gaming franchise and capitalise on surging interest in esports amid the COVID-19 crisis.
Read more »

Regulators investigate elite London law firm Mishcon de ReyaSolicitors Regulation Authority has spent at least two years scrutinising firm
Read more »