Heavy U.K. Floods Give Insurers a Sinking Feeling

Flooding in the U.K. over the past week will cost insurers as much as 500 million pounds ($800 million), making this year the most expensive for water damage since 2007, according to PricewaterhouseCoopers LLC.

Outlook for Global Monetary Policy
37:52 - JPMorgan Asset Management’s David Lebovitz discusses the global monetary policy outlook with Scarlet Fu and Alix Steel on “Bloomberg Markets.” (Source: Bloomberg)
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