NU Online News Service, Feb. 15, 3:17 p.m. EST
Lloyd's estimates its net claims from last year's flooding in Thailand will be $2.2 billion, based on its estimate of $15 billion to $20 billion in losses for the insurance industry overall.
Lloyd's says the Thai floods are unlikely to affect its central fund or market capitalization in a material way. Lloyd's also notes its figures are preliminary and warned its losses may change as more information becomes available.
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