The industry reels in bleakest of times.
September was the bleakest of months for the insurance industry. The horrific attacks on the World...
September was the bleakest of months for the insurance industry.The horrific attacks on the World Trade Center and the Pentagon have
rocked the industry in a way it has never experienced before, with the
impact reverberating on many different levels.
Most obvious is the financial impact, with the industry facing colossal
losses at a time when the outlook was beginning to look brighter. Lloyd's'
estimate of its loss of £1.3bn is widely considered to be conservative,
while others are citing losses
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