Lloyd's of London expects $4.5 billion losses from Harvey, Irma

LONDON (Reuters) - Lloyd's of London expects net losses of $4.5 billion (£3.3 billion)from hurricanes Harvey and Irma, as it reported a 16 percent drop in profit in the first half of 2017, despite big claims being limited during that period.

from Reuters: Top News http://uk.reuters.com/article/uk-lloydsof-london-results/lloyds-of-london-expects-4-5-billion-losses-from-harvey-irma-idUKKCN1C30LG?feedType=RSS&feedName=topNews