Lloyd’s 2014 YoA sunk by Eur700mn Lürssen shipyard loss

Lürssen shipyard fire

The September 2018 Lurssen shipyard fire has caused an extraordinary eleven-fold quarterly increase in the Lloyd’s incurred claims data for the 2014 YoA account, highlighting the impact the Eur700mn loss had on the 330-year old market, The Insurer can reveal.

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