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Lloyd's of London suffers 1 billion pound loss in 2018

Lloyd's of London suffers 1 billion pound loss in 2018
FILE PHOTO: A man walks out of Lloyds of London's headquarters in the City of London, Britain, July 31, 2018. REUTERS/Simon Dawson   -   Copyright  SIMON DAWSON(Reuters)
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LONDON (Reuters) – Lloyd’s of London recorded a loss of 1 billion pounds in 2018 due to major natural catastrophes, it said on Wednesday.

The 330-year old insurance market suffered a 2 billion pound loss in 2017.

(Reporting by Carolyn Cohn; editing by Iain Withers)

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