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- Business notebook: Jackson salon owner also opens a clothing store (1/16/17)
- Young Elvis impersonator from Bernie performs on 'Ellen DeGeneres Show' (1/12/17)
- Cape SportsPlex contractor offers a look at the project (1/15/17)14
- Meat-processing plant faces $70K penalty for Clean Water Act violations (1/17/17)2
- Two men shot after argument; houses also struck by bullets (1/12/17)21
- Area hospitals hope a box helps prevent infant deaths (1/19/17)3
- Two Cape men recovering after shooting (1/13/17)
- Obama shortens sentence of inmate from Cape (1/19/17)4
- Subjects of interest in 1992 killing take polygraph tests; results not revealed (1/18/17)2
Lloyd's reports major losses from suicide terrorist attacks
LONDON -- Lloyd's of London said Wednesday that the Sept. 11 terrorist attacks on the World Trade Center would cost it $2.87 billion -- the biggest loss the 314-year-old institution has suffered from a single event.
The suicide attacks in New York were accountable for the almost two-thirds of an overall $4.51 billion loss for 2001 by one of the world's oldest names in insurance.
Lloyd's chief executive Nick Prettejohn described the year as "exceptional by any measure." He said the loss was comparable to the performance of other global property and casualty insurers, despite being large in absolute terms.