Navy recruits helping clear the aftermath of a hurricane in the US
(Picture: AFP via Getty Images)2021 was one of the costliest years on record for the insurance industry, according to speciality insurer Lancashire Holdings.
The FTSE-250 firm, which operates mainly in the property, marine, aviation and energy areas, lost $92.9 million last year, compared to a $24.3 million profit in the previous year.
