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Lloyd’s Insurance Market Sees £1.4 Billion Loss From US-Iran War
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesCredit & Bond Markets
Lloyd’s of London estimates losses of about £1.4B ($1.9B) from the Middle East conflict, marking its first estimate of the US-Iran war’s insurance impact. While still an initial figure, the event introduces fresh tail risk to insurer balance sheets and pricing, with likely sector-level pressure.
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