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Lloyd's of London estimates $2.3bn market loss from Californian wildfires

By Benjamin Chiou

Date: Monday 10 Mar 2025

(Sharecast News) - Lloyd's of London has pencilled in a $2.3bn (£1.8bn) net loss to the insurance market from the Californian wildfires but says it is still too early to give an accurate prediction.
"Although we are still assessing the full impact, we do not expect this to be a capital...

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