Lloyd’s announced its costliest six-month period in the history of the 323-year-old market today. The interim loss before taxes was tallied at $1.12 billion for the six-month period ending June 30, 2011.
The results reflect record-setting global catastrophe claims figures, which through just six months, according to recent figures from Swiss Re, already ranks 2011 as the second-costliest year for catastrophe coverage.
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