Property cat makes up 42% of Lloyd’s major claims tally
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Property cat makes up 42% of Lloyd’s major claims tally

Fiona Robertson, 
Samuel Casey
31 March 2021
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A photograph of the Lloyds Building in London from ground up

Lloyd’s took £2.5bn of catastrophe losses within its £6bn major-claims toll in 2020, as the property insurance toll overtook worsening property-reinsurance losses.

Covid-19 losses made up nearly 60% of the major claims, with £6.2bn of gross losses offset by £2.6bn of reinsurance recoveries.

However,

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Fiona Robertson
Editor-in-Chief
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Samuel Casey
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