Gap warehouse fire loss could cost $250mn-$400mn

26 September 2016

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The property direct and facultative market is facing a $250mn-$400mn gross loss following a fire at a warehouse belonging to clothes retailer Gap, The Insurance Insider can reveal.

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Gap warehouse fire loss could cost $250mn-$400mn

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Gap warehouse fire loss could cost $250mn-$400mn

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Fuel a smarter strategy with our actionable market intelligence

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RiverStone books $300mn in pre-tax adjusted profit in 2024

Arch Q1 CoR increases 11.3 points to 90.1% as wildfire losses offset reserve releases

Chaucer’s McLaughlin to exit for Howden Re in Miami

Willis aviation buildout intensifies with Marsh’s Shipman and O’Raidy

Aspen Q1 CoR jumps 9.5 points to 96.1% as company kickstarts IPO

Lack of market balance in cyber re could hinder growth: Howden Re

Aspen aims for valuation of up to $2.9bn as IPO launched