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Geopolitical conflict could expose the global economy to $14.5tn in losses. -
The NHC is predicting storm surge, exacerbated by the tide, as high as 15ft for Tampa Bay.
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The D&O class has experienced huge rating volatility over the past four years.
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A hurricane warning has been issued for the east coast of Florida.
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Palestine Action alleges Allianz is involved in insuring the Israeli arms trade.
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Hurricane Milton strengthened from a tropical storm on Sunday to a Category 5 storm yesterday.
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Most sources noted expectations of a $50bn+ event, but the range of outcomes is huge.
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The market organisation has commissioned Oxbow Partners to discuss implications of the burgeoning segment.
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The figure does not include NFIP losses.
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The two senior positions will be based in London.
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Most of the estimated insured losses will be retained by insurers.
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Sources expect significant loss amplification in the claims that will come from Georgia, the Carolinas and Tennessee.
