London police said four bombs on the city's subway and bus lines went off during the morning commute killing at least 33 people and wounding hundreds.
According to insurance representatives in London, the city's train and bus services are self-insured. Other insurance executives have said it is too early to assess the impact of the bombings on the insurance industry.
Brian Paddick of the London Metro Police said in a news conference today that three subway lines and one bus were bombed. So far, 33 people have been confirmed dead in the subway line bombings. All tolled, 345 people were injured, 45 seriously. Police said there were fatalities in the bus bombing but could not confirm how many died at the time.
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