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GCC Costs

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GCC Costs

Unread postby GD » Thu 07 Apr 2005, 12:26:25

Maybe this ought to help wake economists up to the effects of endless growth:

US hurricanes swallow £530m at Lloyd's

$this->bbcode_second_pass_quote('', 'L')loyd's of London, the largest insurance market in the world, yesterday confirmed that last year had been the worst on record for natural catastrophe payouts.

Four hurricanes in 2004 hit parts of the United States in which the market had substantial exposure, with a net cost of £1.2bn - almost half the cost to Lloyd's of claims relating to the terrorist attacks in the US in 2001.
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