Source: www.reuters.com

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LONDON (Reuters) - Russia and Belarus represent less than 1% of business transacted by Lloyd’s of London, the commercial insurance market said on Tuesday.

“We’ll keep deploying our expertise, resources and networks – covering crucial areas like cyber, space and political risk – to help deliver an effective sanctions regime against Russian assets,” Lloyd’s said on its website.

Reporting by Carolyn Cohn, Editing by Louise Heavens