Lloyd’s of London Says Covid Claims Could Reach $6.5 Billion
- Insurance exchange operator predicted a torrid year in May
- Insurers also hit by an early hurricane season in the U.S.
A scooter rider passes the Lloyd’s of London Ltd. building in the City of London.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.
The coronavirus bill for insurers continues to mount with Lloyd’s of London saying it expects to pay out up to 5 billion pounds ($6.5 billion) in claims.