Lloyd’s HIM claims payments hit $1.7bn

Lloyd’s HIM claims payments hit $1.7bn .

Lloyd’s has so far paid $1.7bn in claims arising from hurricanes Harvey, Irma and Maria, the Corporation said in a statement.

The figure comes after Lloyd’s estimated last month that it would absorb $4.8bn in losses from the natural catastrophes.

The $4.8bn estimate includes $900mn from Maria and $3.9bn of claims from Harvey and Irma.

An exact final quantum for HIM insured losses absorbed by Lloyd’s has yet to crystallise, however a number of syndicates have published their individual losses…

The Insurance Insider

http://m.insuranceinsider.com/lloyd-s-him-claims-payments-hit-1.7bn