Lloyd’s set aside a total of £2.4bn ($3.1bn) in Covid-19 claims after reinsurance recoveries in the first half of 2020, pushing the market to a pre-tax loss of £438mn.
The
Lloyd's recoups £2bn of £5bn gross Covid-19 losses
Lloyd’s set aside a total of £2.4bn ($3.1bn) in Covid-19 claims after reinsurance recoveries in the first half of 2020, pushing the market to a pre-tax loss of £438mn.
The