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International

Kenya: Lloyd's market faces $75.8 million bill in damages claim from terror attack on mall

September 30, 2013 Reprints

Lloyd’s of London is facing a possible 6.6 billion Kenyan shillings ($75.8 million) bill in damages claim from a recent terror attack on Kenya's Westgate mall, Ventures reported.

Robert George, corporate intelligence manager at Chaucer Syndicate Ltd., said they had syndicated the insurance deal on the mall. Sony Holding Ltd. had insured the mall in Lloyd's market in a policy that includes cover for political or terror attacks.

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Kenya: Lloyd's market faces $75.8 million bill in damages claim from terror attack on mall

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