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Lloyd's of London, the world's biggest insurance market, faces as much as $1-billion (U.S.) in claims from the three hurricanes that have struck the United States in the past six weeks, a survey of analysts suggests. "To get three hurricanes in one season is high," said Eamonn Flanagan of Shore Capital Group PLC in Liverpool, one of five analysts polled by Bloomberg. "We also don't know how tropical storm Jeanne will turn out," he said, referring to a storm now cruising northeast of the Bahamas. Lloyd's hasn't provided estimates for hurricanes Frances and Ivan, but it has said Charley alone may cost the London-based insurance market as much as $600-million. That's about 9 per cent of the total claims insurers face from the storm.

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