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22 May 2012

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Lloyd’s says it is too early to talk Thai losses

18 November 2011

Lloyd's has said that the Thai floods are not yet sufficiently developed for it to provide any meaningful loss estimates, but it insisted that it has the financial strength to withstand events that are several times the size of the loss currently unfolding in Southeast Asia.

"It is too early to estimate Lloyd's exposure to this disaster, but the market is well capitalised for an event many times this size and our focus, as always, will be on paying claims...


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