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Posted Mon Oct 27 2008: from Financial News:
Pandemic coming -- and it will slam insurers: Lloyd's of London http://apocadocs.com/s.pl?1225113611
 A repeat of the Spanish flu outbreak of 1918 is expected to cause a global recession on a scope ranging from 1 percent to 10 percent of global gross domestic product, according to a report released by Lloyd's of London’s emerging risk team. The Lloyd's report, "Pandemic -- Potential Insurance Impacts," concludes that a pandemic is inevitable, with historic recurrence rates of 30 to 50 years. The report focuses on the impact of a global pandemic on the business community and, in particular, the insurance markets.
[Read more stories about: pandemic]

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