Filed Under:Claims, Catastrophe & Restoration

Lloyd's of London Insurers Eye $375M Sandy Hit

LONDON (Reuters) - Three of the Lloyd's of London insurance market's leading players owned up to a combined loss of about $375 million from superstorm Sandy and warned the final bill could change.

Bermuda-based insurer Catlin, operator of Lloyd's biggest syndicate, is set to absorb about $200 million in claims from Sandy, it said on Tuesday. Rivals Hiscox and Novae put their exposure at 90 million pounds ($145.79 million) and between $25 million and $30 million respectively.

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