PracticeAuditAndersen to carry out Lloyd’s audit

Andersen to carry out Lloyd's audit

Andersen has been recruited to carry out a solvency audit into Lloyd's of London, in a bid to discover if the insurer is capable of paying the estimated £6bn bill following the 11 September attacks.

The Big Five firm has been appointed by US insurance regulators eager to find out whether the insurance market can meet the costs after suffering large natural disaster and asbestosis related claims.

Click here to read how Lloyd’s finance chief Andrew Moss is managing the insurance giant in the wake of the attacks.

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