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The outlook flags “large uncertainties” amid possible El Niño through summer 2026. -
The highest portion of losses was experienced in Alberta.
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The mechanism would work similarly to Flood Re.
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According to the Civil Unrest Index, protest activity has soared over the past two years.
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China Taiping has been identified as the building owner’s insurer.
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An “extraordinary” proportion of storms reached Category 5 status this year.
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Despite 2025 losses, carriers have not secured desired rate increases.
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The class of business has shouldered claims totalling over $4bn this year.
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Willis reports that the mining market has softened at a ‘considerable rate’ this year.
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The peril has been historically difficult to model compared to others.
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After a challenging period, the industry is now earning above its cost of capital.
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The sector also faces a potential $700mn loss from a fatal Indonesian mining catastrophe.
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