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The last loss tally was 1.7% ahead of an August 2020 estimate for the storm, which exacerbated floods caused by EUR1.57bn event Ciara.
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A Lloyd’s report warns that increasing digitisation makes key infrastructure assets more vulnerable.
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The organisation charts record progress in meeting its seven key principles.
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An underwriting loss at the international segment eclipses a profitable performance from MENA personal lines.
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No damage has been reported to the city’s nuclear power plant.
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The loss estimate for the February 2020 event is up 3% on an August assessment.
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The pandemic and natural disasters impacted the result by $178mn.
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The new arrival will be based in London.
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The reinsurance unit of the Spanish group takes a near-EUR80mn full-year hit on the pandemic.
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Since December, double the average number of containers have been lost overboard compared to an average whole year.
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Event definitions were also tightened at renewals, the broker said.
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The Australian carrier has also modestly increased its reserves for Covid-19 BI claims.