March 27, 2019 / 7:18 AM / a year ago

Lloyd's of London suffers 1 bln pound loss in 2018

LONDON, March 27 (Reuters) - Lloyd’s of London recorded a loss of 1 billion pounds ($1.32 billion) in 2018 due to major natural catastrophes, it said on Wednesday.

The 330-year old insurance market suffered a 2 billion pound loss in 2017. ($1 = 0.7588 pounds) (Reporting by Carolyn Cohn; editing by Iain Withers)

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