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The withdrawal of Brit from yacht business at Lloyd’s and increased scrutiny of underperforming lines has heightened pressure on the class.
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The hurricane deluged the Big Island, which now is no longer in the path of another one called Miriam.
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Lane’s downpours puts commercial property, auto and homeowners carriers at risk.
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The typhoon has weakened but remains on course to strike Japan’s Hokkaido Island.
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As of mid-August, nearly 92 percent of claims were closed.
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‘Raging wildfires’ to become more common despite quietest H1 in a decade
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The blazes have destroyed or affected more than 2,000 buildings.
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The Hobart catastrophe is Australia's largest natural disaster so far this year.
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The state's worst floods since 1924 are estimated to generate a far lower $71mn in insured losses.
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The carrier has confirmed its Corporate Solutions arm is one of the insurers for Autostrade per l’Italia.
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Uncertainty around industry losses from the 2017 disasters was beyond what would normally be expected at this point after an event.
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Reinsurers set to pick up substantial portion of the losses.
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